Current level-8632
Longer term trade still bearish, now the main bearish trend line has hold weekly close during 0,89 area
Intraday: lower valleys in place but keep 38,2% fib, Note the descending wedge created with bullish ramifications. Strategy: sell on strength to 0.8700 around objectives during 38,2% FIB or reverse positioning on a brake on 0.8720s
Profit law affect gold silver and Platinum media areas
Current level-1.0027
Long term bias for USD/CAD remain neutral, solid foundations formed now around parity level.
Intraday: holds 0.9980 aid although bias remains bearish. while prices quote above parity levels, we see that try small long positions against 1.0100-1.0150s or turn a braking under 0.9980.
Current level 65-130.
Long term bias remains bearish and break through previous year lows retains the bears in the control of the couple.
Intraday: the downside with Channel divided and obtain a de-commitment to 131.00s but still unclear direction. Stand sideways until we get a clear braking and turning over 132.00s or 129.80.
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