Only charts

Today , we have several setups crystal clear , here are : Buy usdcad 1.2973 with target 1.31 , sl close below 1.2950 Sell xauusd "gold" at 1230$ , target 1223$ , sl close above 1237$ Sell #gbpusd at 1.3204$ , target 1.3120$ , sl close above 1.3220$

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 .

Tomorrow , Thursday , is the day you sell usdcad at whatever level you want. Probably at 1.3030-3130 , i know this is a big range , but it will pay off hugely . The fed raised and there is still scope for 2 more hikes this year. There will be some dollar strength of course today and tomorrow before we see a reversal Shortly , i will post a recommendation for trading usdjpy as well.

Trading currently at 1.3010 , usdcad is very recommended to be sold at current level with a very good pay off . RSI level approaching 70 mark and it is expected we fall to 1.28 handle .