A very important resistance for #EurUsd

Two days ago I’ve written that EurUsd could be ready to reverse to the upside, but for confirmation, we need a break of 1.0750 zone resistance.
The pair took a dive under 1.07 at first, but this proved to be a false break and now is trading again in this important level o resistance.
The recent rally from around 1.0630 is very strong and indicates a bottom is probably in place and more gains could follow.
1.07 zone is again support so, in my opinion, dips towards this level should be bought.
1.0850 is the first resistance and could be the target for buy trades.

UsdCad- 1.33 in focus (update)

Yesterday I draw attention to a potential double top for UsdCad.
Indeed, after an anemic and short-lived rally to 1.3584, the pair broke under the neckline’s support and dropped like a stone after.
At the time of writing the price is 1.3440 and in the eventuality of a correction, this should be used as a selling opportunity.
In conclusion, I remain strongly bearish UsdCad, and rallies (if they will exist) towards 1.35 should be sold.
Neck-line support is now resistance and should offer us a point of negation and the target is 1.33 zone support

Gold before NFP- 2010 NEXT?

In my previous published idea, I said that Gold could reverse and rise to 1980 resistance.
XauUsd acted by the technical analysis book this time and after an initial break above the falling trend line, dropped to confirm the new support and reverse back up.
Now the price is exactly in 1980 resistance and seems determined to break above.
NFP could provide the trigger for a break and the price could continue its ascent to the next important level at 2010.
In conclusion, my outlook remains bullish for the yellow metal and the strategy remains unchanged: buy dips.
Only a daily close under 1955 would put a pause to this scenario.