Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #USDCAD daily time frame 🇺🇸🇨🇦
The pair is currently testing a significant daily structure resistance. The intraday price action looks bearish at the moment. I think that the pair may start a correctional movement from the underlined blue area.
2️⃣ #NZDUSD daily time frame 🇳🇿🇺🇸
The market is approaching a significant weekly resistance cluster that is based on 2 important historic highs.
I think that we may see a correctional movement/pullback soon.
3️⃣ #WTI CRUDE OIL daily time frame 🛢️
Crude Oil updated a low on a daily, violating a key horizontal support. It confirms the strength of the sellers.
The market may keep trading in a bearish trend within the boundaries of the underlined channel.
4️⃣ DOLLAR INDEX #DXY daily time frame 💵
We see a nice correctional movement after a strong bearish impulse. The market is currently trading within a bearish flag pattern. Bearish breakout of the support of the flag will be a strong bearish trend-following signal.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.