We expect an increasing trend in H1 The price is forming a H1 floor, most likely it will touch its price target in H1 TF.
An hourly price floor should be formed above 2.0555. If the price closes below this level, it will be difficult for the price to rise in this time frame. Of course, a temporary and corrective increase is possible, but it will be difficult to reach the price target of the upward trend.
As long as the price is below the 0.6530 level, we expect the price to decline. The desire to reduce the price is greater. For an uptrend, buyers need to conquer the 0.6530 to 0.6550 resistance range.
There are serious offers in the price range of 0.6090 to 0.6100 It causes the price to decrease in the time frame of 1 hour.
Buying pressure is observed at this level and there is no news of serious sales. Oil prices are expected to rise to at least $93 To start a bearish trend, oil prices must fall below the $61 level and trade below this level for at least one week.
Serious supply is evident in the range of 2035 to 2040 Price crossing this range requires a lot of buying, which is not yet visible on the price chart. Therefore, in case of a mild return of the price to the mentioned levels, selling is suggested.
The beginning of the downward trend to form a corrective wave has been formed Of course, there is a possibility that the downward trend will continue to form the H4 floor, which can be used as a short-term opportunity.
TVC:DXY It is expected that the dollar index will increase in H1. But the scenario of its reduction should also be considered.
Forecast: Resumption Of Uptrend While the price is above the support 1.3430, resumption of uptrend is expected.
Demand is higher in H1 time frame.The right level to buy.
TVC:DXY Expect further increases in the H1 time frame, at least up to the previous ceiling
FX:GBPUSD There is an expectation of a price drop in the H1 time frame Price reduction at least to the previous floor level around 1.2520
FX:EURUSD Euro-dollar is approaching the serious level of demand, the possibility of price reversal and temporary price increase is very high. be ready