DXY is not strong enough to handle CHF. I believe it will after retracement. Better to look sell setup on it.
As I am saying since last two months that JPY is not strong enough and it will remain in bearish mode and now, we can see the currencies again JPY are going straight up, and I think it will remain up (Pairs)
DXY (Dollar Currency Index) is taking its support and chances to reach back to its resistance, if this happened then obviously GBPUSD fall first and then rise again.
DXY (Dollar Currency Index) is taking its support and chances to reach back to its resistance, if this happened then obviously EURUSD fall first and then rise again.
The market of XAUUSD (GOLD) first will move down and then it will rise, keep an eye on DXY to cathc the GOLD.
As we all knows that US government has just $38 Billions to pay its debts. The economy of US is standing on very critical edge. Anything can be happened.
Dollar currency Index (DXY) is getting stronger on daily bases and it journey is still continued. According to the NZDUSD chart analysis, NZDUSD is in pressure and following it breakout levels. Better to look selling opportunity on it.
As I study the economy of Japan, its economy is strong, but they did not increase their interest rate. So in this situation, I think Yen will remain weak. Better to look buying opportunity on this pair.
AUD is not much stronger. Even they increased their interest rate last two weeks ago but economy not become much stronger. Further is this, that AUDUSD has strongly breakout its support zone.
USD is much stronger than Japanese Yen. Japan economy is not in the good condition. As per my analysis Yen will remain weak for the whole next week. Better to look buying opportunity on it.
Dollar currency Index (DXY) is getting stronger on daily bases and it journey is still continue. According to the GBPUSD chart analysis, GBPUSD is in pressure and following it breakout levels. Better to look selling opportunity on it.
Dollar currency Index (DXY) is getting stronger on daily bases and it journey is still continue. According to the EURUSD chart analysis, EURUSD is in pressure and following it breakout levels. Better to look selling opportunity on it.
XAUUSD has successfully breakout its support (1953) strongly and now trading below it. I believe it will remain under pressure. Better to look sell opportunity on it.
Today early morning XAUUSD has breakout its sideway box on 15 minutes time frame. I am much sure that from 2020 it will rise to hit its defined take profit zones.
EURO is much stronger against many other currencies. Japan economy is not in good condition and it will fall in coming week.
I have mentioned on the chart that If H4 candle closed strongly in bearish then look for sell opportunity on it. Follow the instruction given on the chart.
USDCHF is not looking bullish, CHF is much stronger against the USD. I believe it will fall more in coming week and may be it will moved in sideway.
Japan did not increased its interest and this may cause its bearish momentum. I believe CHFJPY will rise next week.