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Hello guys,
it is h0000t forex summer!
According ForexTeam technical analysis, for July 2017 USD Index pressed in price channel 96.90-95.10. Pay attention on this resistance / support levels.
If USD index goes up to 96.90, than we will sell EURUSD, GBPUSD and Gold and if USD index goes down to 95.10, than we will buy the same financial assets.
Good luck!
Hello there,
From technical point of view, ForexTeam think that potential downside for EURUSD and GBPUSD remains limited.
EURUSD Support levels: 1.1380, 1.1345, 1.1280
GBPUSD Support levels: 1.2840, 1.2810, 1.2750
USD Index this week could test resistance level: 96.30-96.50 with possible rejection.
Hello there,
As we wrote earlier in our usd index weekly review, we expected that resistance level 96.50 will hold and bulls will “sucX”. As you all see, bulls “sucX”.
Let see how close the daily price today 😉
Hello guys,
we compare GBPUSD and USD Index. If resistance level on USD Index (96.50) stops the bulls, it will be the case for GBPUSD to jumping up. Let’s go!
Hello traders,
we present USD Index short weekly review for the nearest future.
ForexTeam still think that USD Index is under bears pressure and it could be possible correction to the resistance level 96.20-96.50 and if this level will not broken up than we expect further jump down to the support level on 94.00
From other hand, if this scenario is right, we expect EURUSD (1.19) and GBPUSD (1.35) rise!
Keep trading,
ForexTeam