USDCAD

After short term of consolidation USDCAD generated sell signal again after breaking Tenkan-sen 1.4091 support. Price is going in direction of another balance level – daily Senkou Span B 1.3985. If USDCAD will come back above Tenkan-sen it will be a signal to bigger correction of bearish trend. Resistance will be in 1.4159-1.4176 area created by (4/8)P line and Kijun-sen.

AUDUSD

Yesterday’s gain stopped at Kijun-sen 0.7075. Then price fell to (3/8)P (3/8)P 0.7019 support and today we can see coming back to (4/8)P 0.7080 line. There is high possibility of finishing reversal H&S pattern with range to 0.7200. In the meantime price must break Senkou Span B 0.7105 resistance and then (5/8)P 0.7141.

GOLD

Bullish trend stopped yesterday at (8/8)P 1125.00 and decrease below Tenkan-sen 1121.41 will suggest beginning of correction. Support is set by 1110.99-1109.38 area created by Kijun-sen and (6/8)P. Breaking Tenkan-sen resistance will generate another buy signal.