On a monthly chart, USDCAD looks like it doesn't really want to go anywhere. It is currently weaker but a bit of upside to the trade zone would be best for risk to reward before committing to a short position.
After a drop down to target, the DXY has formed am inverse head and shoulders , with the upside target still to be reached.
EURUSD formed a clear Left Shoulder and Head, the right shoulder became less clear but if the consolidation/correction is complete then we could see lower prices on EURUSD
Looking through this chart on the Monthly time frame all the way down to the H4, all I see is a sell signal.
Waited for the change in the correction. Short for the lows now.
Looking at the chart, if we get a close above todays open today. Then we have regained a bullish stance for the DXY. May + June could see the DXY rise to 100.00 I've marked off the two areas of most convincing resistance to me. So will be looking for pullbacks to sell GBP and EUR versus the dollar.
If GBPUSD could come down to the trade zone marked on the chart , I would be willing to trade Long for the targets above.