Here are the updates & outlook for multiple instruments in my watch list.
1️⃣ #EURCHF daily time frame 🇪🇺🇨🇭
The market is testing a strong supply area
based on a solid falling trend line and a horizontal resistance.
Probabilities will be high that the price will retrace from that.
2️⃣ CRUDE OIL #WTI daily time frame 🛢️
The price is very close to a significant demand zone
based on a horizontal support cluster and a rising trend line.
I will expect a bullish reaction to that.
3️⃣ #GBPJPY daily time frame 🇬🇧🇳🇿
The market is trading within a contracting triangle.
The price nicely respected its support line and goes up steadily.
I think that bullish momentum will remain strong and the market
will go up to the resistance line of a triangle.
4️⃣ DOLLAR INDEX #DXY daily time frame 💵
The market is consolidating on a key daily support cluster.
Probabilities will be high that the price will bounce from that.
Today's fundamental news can be a trigger.
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.