Only charts

Usdcad broke the resistance at 1.3130 and now trading at 1.32 , the pair is trading in an upper rising channel. It could hit the upper side of the channel at 1.3270 this week and start a correction from there. If you are short usdcad and in a losing position , you can wait for the correction which might get as low as 1.3050. My previous analysis for the pair turned out to be wrong .

Eurusd rallied from 1.15 to 1.1840$ in a matter of few days . Now it is pulling back for a correction.  Dont hop in at current levels. Just wait for 1.1675$ to 1.1695$ area and buy for around 100 pips move , taking profit at 1.1780$ Anyway , trading hours will tell and I will keep you updates .... For now just wait to buy at the mentioned area between 1.1675_95$ area.