UsdCad- Break above resistance next?

After the low from mid-July, UsdCad has started to reverse and after the small correction from last week, last Friday was also marked by an immense Bullish Engulfing from short-term support which led the pair into the resistance zone again.
The structure from the low is strongly bullish and I believe this resistance will fall sooner rather than later.
I’m very bullish UsdCad as long as 1.35 is intact and a break above the 1.3650 zone could lead to acceleration to the upside and expose the 1.3850 zone.
In conclusion, my strategy is to buy dips under 1.36 in search of a good risk: reward considering the levels that I mentioned.

Gold remains bullish above 1930

In my yesterday’s analysis, I said that I expect XauUsd to reach 1980 and my opinion hasn’t changed.
As expected Gold retrace a little from the top, but considering the 700 pips rally from the recent bottom, this is nearly a correction. Also, looking at a shorter time frame, like h4 or h1, looks more like a consolidation.
Looking at the posted daily chart we see that the 1925-1930 zone is strong support and as long as the price stays above this zone, the buy dips strategy remains intact.
That being said, I will look to buy, and, if the target is reached, a 1:4 risk: reward ratio could be achieved, and that is all that matters in the end for a trader:)

DXY is eying 105.50

In my 24th of August DXY analysis, I explained why I’m bullish USD Index and suggested buy dips around 103 support.
It worked like a charm and after a short dive to support, bulls returned with vengeance and drove the price back up to resistance.
At this moment I expect also a break above this resistance in which instance traders could expect continuation towards the next one at 104.50.
I’m looking to sell rallies for EurUsd, AudUsd, GbpUsd, and NzdUsd.