DXY Daily Analysis – Fall to 200EMA 105.000 Level Then Bounce?
DXY has been rejected at the bull channel support, falling to 105.000 before closing last week. There is now a gap to the 200EMA, which
DXY has been rejected at the bull channel support, falling to 105.000 before closing last week. There is now a gap to the 200EMA, which
USD/JPY has finally touched the previous high of 152.000 with a strong bull candle that we’ll call a Bull Capitulation. Immediately after that price target
USD/CAD has had a hard rejection at the top of the Daily Bull channel. Unfortunately, we did not close the gap between 1.39 and 1.40.
JPYX has been in a descending wedge holding pattern since July of this year and has yet to successfully break out toward the upside. This
BTC/USD has broken out of the $25,000 and $33,000 trading range, reaching $35,000 and nearing the top of the bull channel. Does this mean the
DXY finally broke out of the bull channel it has been in since July of this year. A strong bull response off of the 30EMA
USD/CAD has finally broken out of the bear channel/bull flag and closed near its high on the Weekly chart. Current price is at 1.38750 with
CAD/CHF is showing no signs of a reversal on the Weekly chart. We currently have a descending triangle in a bear trend, signaling a continuation
USD/CAD had a fantastic bounce off of the bull channel bottom (1.36600) just below the 1HR 200EMA, leading to a 120 pip run to the
USD/JPY has refused to fall below the Weekly 9EMA since July 28th. However, we are inching closer to the previous high resistance of 152.000, so