Friday analysis

EUR/USD DAILY

 Suspicious part on Eur/Usd is that an obvious bearish divergence is seen on the Daily chart. Strong support is seen on the weekly pivot point. By cross referencing to USD/JPY and USD/CAD, dollar is likely to weaken. So, IMO, to break this kind of bearish divergence, a violent move is needed and we might see a big up move on EUR/USD soon. Alternatively, wait for price to break weekly pivot point if you believe it will go south.

 GOLD DAILY

GOLD WEEKLY

Gold is looking suspicious too with the weekly potentially forming a bearish divergence. There's also a bearish divergence formed on the H4. Look for bearish signals on the H1 and H4 for a good entry. Alternatively, put a pending sell at 1400.00.








Clues of USD dropping 

USD/JPY H4

USD/CAD H4