On the daily time frame the price has made a lower high while the oscillator has made a higher high, which indicates a bearish divergence. So a move to 1.7630 which is both a previous supports/resistance level and also the 0.5 Fib extension of previous move is likely.
US Oil is at a critical level. This area has acted as support multiple times previously and it is now the 0.618 extension of downward move's Fib extension as well. An exhaustion pattern can be seen in recent months' price action so it seems like a move downward might be more possible. If indeed the price finally moves down the next target level would be 33.70
Copper has recently broken a downtrend line which had acted as weekly resistance since June 2018 and it is now at the critical level of 2.90-2.95 which is a previous support turned resistance. RSI is at its highest since August 2017. A possible pullback to 2.60 level which had held the market multiple times before is possible.
DXY have been previously held by this long term trend line going back to April 2011. Also the market is at a quite strong support level. RSI is at support level as well. Recently USD has been under pressure by fundamentals, pay attention to critical data this week (Friday's NFP numbers and the potential passage of the financial relief package by the US Congress)....
RSI is overbought, an overextended push to the upside without any correction. A drop to 1.6628 which is both a previous resistance level and a .5 Fib level is possible.
RSI is in overbought zone, the market has pushed to the upside without any meaningful correction, so a drop to 1.0990 which is both a previous support level and a .5 Fib level is possible.
