dxy which way will it move? we are following 4h triangle closely and ready for the breakout.
Above the triangle dollarindex is targeting 97.20
Below the triangla dollarindex is targeting 95.80
The down triangle has formed and only 96.38 support level can change this situation backwards
but the possible breakout of this level might be happen sooner than expected.
The Breakout of 1.1337 level cause the fast uptrend on eurusd. We expect that will continue till 1.1403 level.
1.1357 is important for today but 1.1371 is crucial for Eurusd. Close above that point might kill the hopes of 1.1100. So who have short positions must follow the pair attentively.
1.1282 is intersection point of blue and red trendline that cause a drop till 1.1268.
Thanks to blue trendline bottom 1.1268 might be a pullback point.
Break below that point might cause price move to 1.1250 level.
XAUUSD couldn't close above 1300 resistance level. potential pullback is on the sight.
GOLD is taregeting 1288 green trendline channel. You can trade between tops and bottoms of the blue trendline channel but i recommend heavily carry short positions.
First of all above 1.1235 eurusd is targetinf 1.1278 blue trendline resistance today.
Beside that 1.1215 is crucial above that level rise on the pair will continue but below that pair might retest 1.1180 level.
XAUUSD has just touched the trendchannel bottom and 1280-1290 crucial levels are good for long position entry point.
Targeting 1316 uptrend's peak level.
Stop at 1240
Head and shoulder formation has appeared on Netflix.
The price might move to 319 level faster than we expect. The possible breakout at 319 level can cause a drop below 300 level
For Pullback Eurusd has to stay above 1.1211 crucial level. The pair might move to 1.1275 slowly not as fast as yesterday.
Below 1.1211 Eurusd might fall to 1.1130 weekly support level.
Above 5.4500 Usdtry moves to 5.54 target level strongly.
Despite the Central Bank of Turkey's interest decisioin, usdtry continues to rise from thursday.
With strong dxy the drop on the pair seems impossible.
For LTCUSD to rise above 100 Usd it should have to close above 57.20 blue uptrend resistance level.
Today litecoin can reenter in brown trendline but for continuation of rise it should have to break blue trendchannel.
Other scenario ltcusd might turn back 47.50 blue trendline bottom.
Above 96.30 dxy stays blue rising trend that may effect dxy move to 98.80 blue channel resistance.
Remeber, This market is transferring money from the impatient to patient.
