EURUSD remained below highs of 1.1040 at the close of trading on Friday. The preference remains buying although we will wait for the opening of Europe to define final strategies. If Europe opens shorting then selling scalping can be done from 1.10 to TP 1.0990 with an extension to 1.0980. Below 1.0980 seller until 1.0970 and 1.0960. If you open a long trade please wait on the confirmation above 1.1010 to TP 1.1020. Then from 1.1020 to TP 1.1030. Remember: any buy above 1.10 that lose confirmation should expire quickly as they are potential highs. There is no high impact information this week therefore consolidation market is expected.
GBPUSD remains with a selling preference below 1.27. Selling starts at 1.2690 with TP 1.2680 and 1.2670. Buyer prices are between 1.2630 and 1.2640. If a buyer opens tomorrow and the price confirms above 1.27 then the purchases extend to 1.2730 and 1.2740.
USDCAD remains with a seller preference below 1.34. At the moment we are at potential minimums where, above 1.3250, purchases can extend to 1.3270 and 1.3280. If a seller opens below 1.3250, sales extend to 1.2330 and 1.3220.
XAUUSD remains a buyer above 2050. If it opens as a seller below 2050, sales may extend until 2040 and 2030. The levels of 2020 and 2030 have a buying entry. We will wait for tomorrow’s opening to define a definitive projection.
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