Brief overview and determination of FOREX direction
1) #EURUSD πͺπΊ/πΊπΈ - LONG π
The bullish leverage is based on fundamentals. The weakening dollar is yielding to the Euro. The price growth will continue after consolidation above 1.08874 or at retest of 1.08315
2) #GBPUSD π¬π§/πΊπΈ - LONG π
The market changes direction, the price breaks through 1.24454, the subsequent consolidation of the price above this level will form a signal and a bullish potential
3) #USDJPY πΊπΈ/π―π΅ - SHORT π
The Japanese continue to make attempts to strengthen the national currency, the weakening of the dollar is to their advantage. Consolidation below 149.7 will form a retest of the support, which will lead to a fall.
4) #NZDUSD π³πΏ/πΊπΈ - LONG π
The market is going to grow, but still in the consolidation phase.
The price consolidation above 0.5985 may help to break through 0.60486 and further growth.
5) #USDCHF πΊπΈ/π¨π - SHORT π
The currency pair is weakening on the background of DXY decline. A retest of 0.88324 will form a chance to break the support and further fall, which I am waiting for.
6) #USDCAD πΊπΈ/π¨π¦ - SHORT π
consolidation in the format of a symmetrical triangle, but strong resistance appears on the market, which does not let the price up.I am waiting for a breakout of 1.3694 and a fall.
7) #XAUUSD π - LONG π
I suggest you read again the previously written analysis. the gold market may rise on a breakout of 1984.
8) #DXY π² (Dollar) - SHORT π
Fundamentally, the dollar is ready to decline, which will have a corresponding effect on the forex market.