Looks like topping to me. At least a weekly shooting star kind of formation signals a possible downturn. Also notice the RSI on overbought levels. I’m a seller of EURCAD myself at this level but I wouldn’t be surprised though, if a push back up next week will shake me out 🙂 But that’s what stoplosses are for.

Any significant implications on the precious metals markets? I don’t know, but I guess a downturn wouldn’t hurt? Anyway, to me this a decent trading opportunity at the very least.