USD/CAD is trading lower today going to major support zone at 1.26. Current market price is 1.2595 slightly below support. Bulls are expected to take action and push price above the support. First bull target is seen at 1.2640
USD/JPY is trading low volumes today after having a few days of gains going from 107 to almost 112. Price was able to hold above the support level at 107 and now bulls need to take out first resistance zone at 112.90.
Gold is going up today for a third consecutive day of gains. Price is currently $1,246, $3 up from opening price of $1,243. First bull target is seen at $1,265, second is $1,281 and third target is the psychological level of $1,300.
EUR/USD is trading higher today going to 1.1367 and is now trading at 1.1347. Market sentiment remains bearish as volume is not enough to keep bulls satisfied with current gains. Price drop could be expected that would lead the price to 1.12.
Gold is up 1% going as high as $1,260 in today's session and is currently trading at $1,258. First bull target is seen at $1,267, second $1,278 and third is the psychological level of $1,300.
GBP/JPY declined after an announcement from BoJ that they are not going to expand monetary policy. The Nikkei lost 3.2 percent giving back prior gains and the Yen rallied against all its competitors. GBP/JPY went down from 162.57 to 157.07 and is now trading at 157.82.
EUR/USD rose to 1.1459 in today's trading session and is currently trading at 1.1453. First bull target is seen at 1.1560, while first support could be found at 1.1370.
Gold rose today to $1,297, almost touching immediate resistance at the psychological level of $1,300. A slight drop could be expected in Monday's early trading hours due to profit taking and overbuying.
EUR/USD is trading higher in today's session marking a 9-month high at the high of 1.1616. Main trend on the short-term is expected to change with first bear target at 1.1400-1.1420.
USD/CAD saw sharp improvement today going from 1.2511 to 1.2574. For the past two days the pair has steadily recovered from a low of 1.2460. Main trend on the long-term is expected to change to bullish with first bull target a close above 1.26.
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