PINNACLE_FXE

PINNACLE_FXE

The U.S. Dollar Index (DXY) measures the strength of the U.S. dollar against a basket of major foreign currencies, including the euro, yen, and pound. it looks stronger as it has printed two monthly bullish candles which indicates that there is demand of the DXY as it had a high interest rate from the Central Banks. Technically we are looking for more buys.

PINNACLE_FXE

Wait for pullback if you haven't entered

PINNACLE_FXE

Still retesting

PINNACLE_FXE

.high probability breaking from the downside, more selling pressure.

PINNACLE_FXE

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PINNACLE_FXE

CAD

PINNACLE_FXE

AUD has been struggling going up creating HH & HL and has now reached in the sellers zone. The Japaneses are going to push it further down with power.

PINNACLE_FXE

Most of the JPY pairs have completed the Head and Shoulders patterns and have been going through a process of retracement. The CXY is just about to test the 0.618 before the JPY becomes BULLISH.