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khuhadebe

The DXY hit a high of 94.74 which is within the resistance range. It is likey that it will take a recess and retrace towards 94.20, the previous support. A break to the topside is likely to take the DXY towards 95.96. A break below 94.20 will see a further drop towards 93.94.

khuhadebe

USDJPY is still facing selling pressure due to some fundamentals beyond this analysis. This analysis should be taken with due precaution. The 0.382 Fib level is holding as a key support for the failing dollar. Below this level selling pressure will amount and pull the dollar probably towards the 0.23 level which is around 103.629. On the upside, immediate...

khuhadebe

The Dollar index is currently floating around 92.20 which is a major support area. The weekly uptrend is still intact as long as the DXY remains above 92.00. Any violation of the current settings will push the index further down towards 88.

khuhadebe

EURJPY is currently on an upward trend. Its currently resting at the base of the upward channel. If it fails to break the channel then it will move even higher towards 130. A break out of the channel will drive the pair lower to a previous support area around 124.352.

khuhadebe

AUDCAD potential upward trend continuation pattern. In the H4 it first fell out of an upward channel and started a downward channel which was shortlived as it also broke out of it. Major resistance around 0.95500, a break of which will take the pair towards 0.96400