dollar index looking to start a new leg towards upside can follow the mention wave area to watch for reversal are highlighted in chart looking for upside till 95 level
as we can see that double top is in making break of 1249 will take us to the 0.23 fib level retest of neckline and then to the final tgt that is 0.382 fib level that is 1140
after the last spike in pound because of sudden elections. we expect price action to follow this trend and looking to short the pair if yesterdays high not taken out need some more confirmation from market to follow this setup.
road map for eu for coming week we see strong upside potential
short opportunity from the level of 1231/1232 with the tg 1212/1210
short the eurusd targeting next fib level 1.05400
completion of ABCD pattern in eurusd potential short opportunity from the 1.06220 with the tgt 0.382 fib level and 0.5 fib level
gold short opportunity from the level of 1234/35 if resistance not broken targeting 1218 sl 1242
short opportunity at the completion of d leg short from 1250/49 level with the tgt 1242
in the coming week we can see a retrace to the level of 1242
short opportunity from the level 1238 with the tg 1230/1228
we saw our previous target getting complete now we can see a reversal from 1241 level good short opportunity to short gain with the tg 1232
if not break yesterday high we can see downside movement till 1235/1232 level above high we have a buy limit for the tg 1248 sell order -1241.50 tg 1235/1230 tight sl 1242.50
xauusd was looking in downward direction on last trading of the week in the coming week we can see some more downward movement till should test the level of 80's if not breaking 1205
short opportunity form the described level with the target of 1150 and 1155 .
we can see a little pullback to the level of 1140 . if hold than gold can retest the resistance at 1144/1145 level long. market closes above 1140 then long can be place above 1140 with target 1145 and 1150. alternative breaks 1140 then a downward moment till 1136/1135 level. 1135 is a important support