Mkotb

Mkotb

The index extends the upbeat tone seen at the beginning of the week and seems ready to challenge the so far monthly top of 102.84 (August 3) sooner rather than later. The breakout of this level exposes a probable move to the July high of 103.57 (July 3), which appears underpinned by the proximity of the key 200-day SMA. Looking at the broader picture, while below...

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The GBP dollar has the universe of a flag pattern and we see through the pattern The target price level is 1.2280, with a stop loss as shown in front of you

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We also see that the strength of the US dollar is in an ascending channel, and it is expected that we will see it at a strong support level at 104.42, among which, if support is respected, it will rise again to the next target 107.

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As we can see, the Eurodollar was unable to breach the resistance represented at the price level of 1.1000 It is expected to rebound down to the long term support at 0.9860

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usdcad buy from the area 1.2930 to 1.3600 www.pro-investing.com