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Technical Analysis

USDX approaching resistance, potential drop!
USDX approaching resistance, potential drop!

USDX is approaching our first resistance at 95.14 (horizontal overlap resistance, 76.4% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction might occur...

GBPAUD approaching support, potential bounce!
GBPAUD approaching support, potential bounce!

GBPAUD is approaching our first support at 1.7706 (horizontal overlap support, 50% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this...

USDCHF approaching support, potential bounce!
USDCHF approaching support, potential bounce!

USDCHF is approaching our first support at 0.9984 (horizontal pullback support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above...

USDCAD approaching resistance, potential drop!
USDCAD approaching resistance, potential drop!

Price is approaching our first resistance at 1.3221 (horizontal swing high resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong reaction might occur...

Summary
Summary

Today we are seeing a nice setup on USDCHF as it is approaching our first resistance and we expect a drop below this level. We are also seeing a nice setup on DXY as it is approaching our first...

EURUSD approaching resistance, potential drop!
EURUSD approaching resistance, potential drop!

EURUSD is approaching our first resistance at 1.1693 (horizontal overlap resistance, 38.2% Fibonacci retracement) where a strong reaction might occur below this level pushing price down to...

CHFJPY approaching support, potential bounce!
CHFJPY approaching support, potential bounce!

CHFJPY is approaching our first support at 112.27 (horizontal overlap support, 23.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major...

USDX approaching resistance, potential drop!
USDX approaching resistance, potential drop!

USDX is approaching our first resistance at 95.09 (horizontal overlap resistance, 38.2%, 76.4% Fibonacci retracement, 61.8%, 100% Fibonacci extension) where...

USDCHF approaching resistance, potential drop!
USDCHF approaching resistance, potential drop!

Price is approaching our first resistance at 1.0055 (horizontal swing high resistance, 76.4% Fibonacci retracement, 100% Fibonacci extension) where a strong reaction might occur...