USD JPY in uptrend and near supply zone . expecting the stock to respect the trendlines and reverse direction
NZD USD Seems to have formed an ascending triangle formation in the 4H time frame. The DXY Index is near the demand zone and expected to go up. Therefore most likely a downward breakdown of the triangle pattern can be expected.
USD CAD is trading near it's demand zone. Wait for Reversal of short term trend to take place. Once Doji/Inside Bar/Outside Bar appears , then go long for a comfortable swing high
USD CHF is trading near it's demand zone. Expect the price to hit the 0.91000 level and wait for reversal confirmation. US dollar is expected to bounce up as visible from the demand zone in my other post and thus the USD CHF is expected to be bullish
USD has moved to a strong demand zone and hence can expect the USD to soar high
EUR USD in a sideways trend from the start of December, it has broken above the resistance level. But the DXY is expected to bounce back from strong demand zone and overall outlook is bullish on dollar. Expecting to short EUR USD when closes below 1.3680 .
GBP USD in a downward trend from Early May 2021. The current Exchange rate is near the resistance trendline at 1.35830 which also happens to coincide with the 0.618 Fibonacci level for the recent swing. Also, The DXY has also reached the demand zone and expected to rise sharply in the coming week. Once the price ranges near the 1.35830 levels, wait for reversal...