Independence Day (4th July) Analysis

436
4th July (Independence Day)

DXY: Likely to consolidate between 105.15 and 105.45. Below 105, could trade down to 104.60. Break 105.45 could trade up to 105.90 (More likely scenario)

NZDUSD: Sell 0.61 SL 20 TP 45 (DXY strength)
AUDUSD: Sell 0.67 SL 30 TP 75

USDJPY: Range between 161.10 and 162

GBPUSD: Straddle: Buy 1.2780 SL 20 TP 80 or Sell 1.2725 SL 20 TP 100
EURUSD: Buy 1.0810 SL 25 TP 80 (hesitation at 1.0850) (DXY weakness)

USDCHF: Sell 0.8990 SL 30 TP 70 (dxy weakness)
USDCAD: Buy 1.3645 SL 25 TP 55 (dxy strength)

Gold: Break above 2370 could trade up to 2390

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.