USD CAD, “US Dollar vs Canadian Dollar”
At the H4 chart, the USD/CAD pair continues forming the ascending channel with Harami, Engulfing, Hammer, Shooting Star, and Doji reversal patterns to define its borders. Right now, the price is trying to break the resistance level again. After breaking the level, the instrument is expected to continue growing to reach 1.2975.
XAU USD, “Gold vs US Dollar”
At the H4 chart, the instrument is forming a new descending channel with Shooting Star, Engulfing, Doji, and Hammer reversal patterns to define it borders. By now, the instrument has reached the resistance level. If the instrument rebounds from this level, it may reach the support level at 1265.70.
RoboForex Analytical Department