Just when USDCAD is heading to bearish zone for a while at least the 1.317 support, it fly upward again nearing the previous resistance 1.35. Although the price keep bounces from the strong 1.36 resistance, it may soar upwards if it manage to breakthrough. Then again, still possible for the reversal to occur. We'll see how it goes.
Trend continuation all the way down to support level 0.728 or further to 0.722 & 0.715
After that, we'll see the progression if it breaks lower
4hr chart downtrend, daily downtrend oversold area, weekly downtrend
Seems like USDCAD still stuck in a triangle waiting to break into more promising level.
Will sell after breaking 1.341 all the way to 1.331 and further down.
But it can breaks 1.351 to find the major resistance first before really going down.
4hr chart downtrend. daily overbought. weekly uptrend.
After hitting the daily 1 support, looks like GBPUSD building momentum to go up.
Might turn around after hitting strong resistance at 1.241 (psychological level) or 1.247 and continue finishing the daily 2 & 3 support down under.
4hr chart uptrend. Daily oversold. Weekly Downtrend.