EURUSD remained sold on its closing day. The preference is to sell below 1.05. The lows between 1.0490 and 1.0480 should be avoided in preference to having high buying potential. Selling returns below 1.0480 to 1.0460. Then again between 1.0460 and 1.0450 the interval has high buying potential. If Europe opens a buyer, we would still prefer to go for sales within retracements of 1.0540 and 1.0550. We still do not consider purchasing solvency at the minimum to change strategy.
GBPUSD remained sold. The preference is to sell below 1.21. While the intervals of 1.2130 and 1.2120 have high buying potential. Below 1.21 start selling until 1.2080 and 1.2060. As long as we are below 1.22, purchases would be avoided and we prefer sales on buyers’ pullbacks.
USDCAD above 1.3600 we prefer buying strategies. Below 1.3650 the price could start selling scalping until 1.3630, 1.3620 and 1.3610. While above 1.3650 we prefer to go for purchases with scalping until 1.3690.
GOLD remains a buyer, next level 1950.
Indices NQ SP500 US30 setbacks and more selling are expected at Monday’s opening.
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