There’s an excellent long-term setup on the CHFJPY, where we are finishing a bearish correction. The price is bouncing from the combination of a horizontal and dynamic support and everything seems ready for another bullish wave.
The AUDNZD is in a short-term sideways movement but with a long-term negative outlook.
The NZDCHF is in a perfect flag formation. For the buy signal, we need to see the breakout of the upper line of this pattern.
The NZDJPY is in a similar situation but here we additionally have a bounce from the horizontal support. The sentiment is positive.
US Dollar Index Price Forecast
Every new US Dollar Index analysis as it publishes, today's technical signal and key levels, live price — on one page.
See all US Dollar Index forecastsSilver uses every chance to go lower. Currently, we are testing the long-term support of a symmetric triangle. The outlook is rather negative.
The dollar Index broke the neckline of the giant inverted Head and Shoulders pattern and yesterday it defended it as a support with a hammer candle. That is definitely a positive and optimistic sign for buyers.
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