USD has been showing massive weakness for a week. Either there is another stimulus and the USD recovers massively or the USD respects the technical analysis and we see a retest and a continuation of the downtrend
EU has formed a flag pattern after recently testing the top if the trend line. Therefore it is likely that EU will plummet till the next key level. Also we can see that a W formation has formed on the higher timeframes and the market is yet to test the neckline of this formation so we should be waiting for the market to retest the neckline of the W which the key...
XAG has a huge impulse move upwards this year, at the moment the market is retracing, therefore we can expect silver to complete the pattern by continuing the trend of the impulse move which was an uptrend after the retracement ends. Therefore the market should recover. soon Also Silver is a commodity that people invest in for the long term therefore it is likely...
UJ could break out of the wedge pattern both ways however I am biased towards it going upwards because the USD is very weak on all pairs at the moment