50-MA is capping the bullish potential of the USD/CAD, while the 100-MA and 200-MA are supporting it from the downside. The currency pair is likely to flirting for a while with the support of 1.4020. If the market mood doesn’t improve around the USD, it may be crossed, but the long-term perspective stays positive for the USD/CAD.
Gold has met the resistance line from late April high and Moving Averages on the H4. The way up will become open only when the price rises above $1,713. On the downside, the fall below $1,690 may trigger a decline to a support line $1,675.
EUR/USD had a positive week. On Friday, however, it tested higher levels, but failed to close above the 100-day MA at 1.1000. Notice that there’s also a 200-day line at 1.1030 - another obstacle. The correction down may take the pair to 1.0900/1.0880 area where it should find support.
this is my idea for xauusd.
xauusd is in an up trend, xauusd will go back up to the lvl key to make corrections, if it cannot penetrate the lvl key xauusd will enter a downtrend.
if you like my idea please like and follow
Euro prices make Euro prices fell sharply in 2 months because of a pandemic.
A small flag pattern is shown on the chart
and as soon as the price reaches the 117,500 level you can buy,
because the price will go up to the target.