USD Index (DXY)
The dollar remains in a tight range. A break above 104.80 signals renewed strength, while a drop under 103.90 opens room for sellers.
EUR/USD
Pair is consolidating. Key support sits at 1.0800; a break below targets 1.0740. Resistance to monitor: 1.0880.
GBP/USD
Bullish bias holds as long as price stays above 1.2590. Buyers need a break of 1.2720 to extend momentum.
USD/JPY
Volatility remains high. Watch 148.50 as critical support and 150.20 as resistance.
Gold (XAU/USD)
Gold shows hesitation near $2060. Support rests at $2032. A breakout above $2075 could trigger trend continuation.
Market Bias
Mixed sentiment. Expect range trading until major breakouts confirm directional flows.
Simple Idea
Wait for break and retest at the key levels above before entering trend-following positions.
The dollar remains in a tight range. A break above 104.80 signals renewed strength, while a drop under 103.90 opens room for sellers.
EUR/USD
Pair is consolidating. Key support sits at 1.0800; a break below targets 1.0740. Resistance to monitor: 1.0880.
GBP/USD
Bullish bias holds as long as price stays above 1.2590. Buyers need a break of 1.2720 to extend momentum.
USD/JPY
Volatility remains high. Watch 148.50 as critical support and 150.20 as resistance.
Gold (XAU/USD)
Gold shows hesitation near $2060. Support rests at $2032. A breakout above $2075 could trigger trend continuation.
Market Bias
Mixed sentiment. Expect range trading until major breakouts confirm directional flows.
Simple Idea
Wait for break and retest at the key levels above before entering trend-following positions.