Waiting for the Bigger Movement on the USD

DAX ends the flag and tries to aim higher.

Nasdaq is about to test an absolutely crucial horizontal resistance. A bullish breakout will mean a proper buy signal.

Dollar Index is inside of a pennant, waiting for a breakout.

The same with the EURUSD.

GBPUSD bounces from the lower line of the flag and 38,2% Fibonacci but the momentum could have been higher.

USDCHF is still inside of the long-term symmetric triangle, waiting for the breakout like the Dollar Index.

CHFJPY is still locked between two important Fibonacci retracements. The rectangle continues.

CADCHF is also inside of the lock-term triangle. This week may result in a test of its lower line.

For a look at all of today’s economic events, check out our economic calendar.