DXY: The DXY chart currently shows a bearish overall momentum, indicating a potential for a bearish continuation in the price action. The 1st support level at 103.19 is considered an overlap support. This level holds significance as it aligns with both the 61.80% Fibonacci Retracement and the 61.80% Fibonacci Projection, indicating a Fibonacci confluence. This […]
CADJPY reversed from key resistance level 110.00 Likely to fall to support level 109.50 CADJPY currency pair recently reversed down from the key resistance level 110.00, which stopped the previous wave (B) in the middle of November, as can be seen below. The resistance level 110.00 was strengthened by the upper daily Bollinger Band. The […]
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