gbpusd has formed a descending wedge on its chart. If it breaks, it may make a sharp upward movement.
It created a beautiful cup handle formation on the USDCHF chart. If the price breaks the 0.898 band in volume, the first target is 0.909. The second target is 0.9147
us 500 broke the resistance and tested this resistance. The next target is 5370 USD, which is the 1.272 level of Fibonacci. I think you can open a buy position by placing the stop loss at 5275, which is the Fib's 1 level.
audusd tested its resistance. From now on, it will move up to 0.67290 resistance. With the breakdown of this resistance, the next target is 0.68600.
audchf broke the resistance. If it tests this resistance, I will open a buy position. My target is 0.615, which is the upper resistance.
eurusd . The wedge is now broken. The target is the 1.087.
If it breaks the resistance, its new target will be 5375 level according to the Fib channel. However, my opinion is that it will get a reaction from resistance and pullback to the rising trend line.
I believe that if dxy breaks the 105 support, it will test this support and withdraw to 104 support, which is a lower support.
I believe that if dxy breaks the 105 support, it will test this support and withdraw to 104 support, which is a lower support.
Previously, there was an upward reaction from the 7700 support. Now it has received an upward reaction from the Fib channel support. My opinion is to test the fib channel support again and 7970 will rise.
If the retest is successful, I think the first target is 1.116