U.S. Dollar Index

Levels discussed on Livestream 30th July

157
30th July

DXY: Needs to stay above 104.50, could trade higher to retest resistance at 104.85, beyond resistance, next level at 105.20

NZDUSD: Sell 0.5920 SL 20 TP 45
AUDUSD: Sell 0.6565 SL 15 TP 45 (Hesitation at 0.6545)

USDJPY: Look for price to find key level, reaction at 154 or 156 (BoJ news pending) More likely at 156

GBPUSD: Sell 1.2840 SL 25 TP 60
EURUSD: Buy 1.0840 SL 30 TP 60 (DXY weakness, double bottom, low likelihood)

USDCHF: No trade, but look for reaction at 0.8920
USDCAD: Sell 1.3830 SL 20 TP 45 (Massive counter trend)

Gold: Likely to consolidate along 2390, with upside potential to 2400 (61.8%)

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.