EliteTradersForex

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DXY

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USDCHF

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GBPAUD The pair is at the top of our trend line and has been making a correction since 18 November. Strong impulso expected in downtrend.

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After the third touch on the daily trend line, there was a bearish momentum followed by a correction. There is a greater likelihood of a strong downward impulse continuing the initial momentum of the third touch on the trend line.

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USDCAD has traded in a downtrend since 2016, at this point it is very close to the top of the weekly trend line, indicating a high probability of a downward momentum this week. In the daily timeframe it can be seen that the price has rejected our daily trend line several times, having made a slight correction, it seems that it will change to a downtrend.

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AUDJPY