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kailevel Updated 

While the previous idea shows a bullish gold on the monthly chart, the daily chart shows significant weakness for gold and it might retrace back to the HKEX:1958 position from the current HKEX:1993 price point over the next 5 to 7 trading days.

kailevel Updated 

The monthly chart of EURUSD shows lower highs which doesn't gell well with the de-dollarization theme and near end of Fed rate hike cycle. This week's weekly candle looks like an abandoned baby to me for the EURUSD.

kailevel Updated 

The weekly chart of the USDSGD shows clearly the weakness of the USD against the SGD. This weakness has been building for a while now. The fact that it has retraced just below the .382 level indicates a long term weakness in USD despite Fed Rate hikes. For Singapore which has an export based economy, this is significant as it makes the country less competitive....

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I am not sure why but the USD is clearly gaining strength as seen in the DXY and the EUR which had strengthen in the last week is reversing into severe weakness. I will just trade this short EURUSD position.

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The USDCHF shows a clear downtrend. I have drawn the trendline downwards and it should be clear.

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I see a clear weakness on the USDCHF on the normal candles.

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This H1 chart shows the good entry and stop loss for EURUSD - for the long trade

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The EURUSD is showing a steady uptrend which is amazing for the long trade. There are good entry at the recent resistance level of 1.099 and good fundamentals behind the EUR strength against the USD. Also, this is a trend that appears to be able to continue for months ahead.

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The monthly chart of the NZDCAD for the normal candles and HA Candles is bearish but the weekly normal candle for NZDCAD shows a possible reversal into strength as it hits a trendline.

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The daily HA chart of EURCAD is showing a clear cup and handle where the EURCAD would take off again. The weekly HA Chart of EURCAD shows continuous bullish EURCAD - beautifully shown strength of this currency pair. It could be due to 1. weakness in commodities (esp oil) prices pulling down the CAD. 2. Europe is decoupling from the US-China conflict with France...

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While the monthly HA Chart of BTCUSD is still bullish, the weekly candle is showing indecision and the daily candles are showing bearishness. I will wait until the trend is clear for BTCUSD before entering.

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EURUSD shook off 2 days of indecision to rally last Friday. I was wrong to jump to conclusion that indecision daily candles last Wed & Thu was a sign of possible EURUSD decline. After all, DXY is showing clear USD weakness. Also the monthly and weekly HA Candles are still showing strong bullish candles.

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The NZDUSD turned from bullish to bearish in Mar 2023 - could be driven by weak commodities prices. The monthly HA chart shows resistance is holding at 0.61 level. The weekly chart shows that the 0.61 level might just be breaking - not exactly sure when though.

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The monthly chart of the Heikin Ashi shows clear USD weakness. It is the same for the daily and weekly HA Chart.

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Oil price dip had weakened CAD against major currencies like EUR & USD. Good time to short CAD. CAD weakness is strong.

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The monthly chart shows that gold had rallied for the past 5 months, hence I am bullish with gold if we enter at the right price.

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The upward trend for EURGBP seems strong and likely to continue to strengthen. Fundamentally wise, Europe seems to be doing better than the UK.

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This seems to be a retracement on 14 Apr 2023 in a possible dead cat bounce of USD Strength with mixed consumers reading - feeding hopes that Fed will continue to raise rates. Gold is likely to retain its luster this week.