The market taking support on previous support and also taking support on the trend line. Better to look buying opportunity on it.
As we can see that USDJY taking support on it's previous support zone. I believe from the current market price it can be bullish.
Wait for the JR candle closing below the defined price then sell it.
Last week GOLD fall badly and now taking support on its near support zone on HER time frame.
The market of USDCAD is standing on very key resistance point, there is some chances of falling from the current price but we can't ignore that USA has increased it's interest rate to control the inflation in the country. So USD will remain strong for the next week.
Japanese yen is weaker against the USD. I believe that this bullish journey will remain continue in next week. Better to look buy opportunity on every support taken on trend line.
Last week I predicted that USDCHF will go more up and now again I am saying that USDCHF will be more bullish in next week due to high interest of USD.
Pound getting weaker and loosing its power against USD due to the high interest in USA. It will fall more from the current price and can reach to 1.2000. Better to look sell opportunity on it.
Last week I predicted sell opportunity and now again I'm saying that EURUSD will fall more next week as USA has increased it's interest rate from 0.50% to 1.00% to decrease inflation in its country which give boost to USD. Better to look sell opportunity on it.
USOIL is increased last week as US increased it's interest rate. I believe that USOIL will continue grow to 116.20. Furthermore USOIL is obeying it's trend line and taking support on it.
As I described in the picture, there there is two supply zone and from both zone Gold may fall more. Better to watch supply zone for better entery.
If trend line breakout strongly and gives holding above it then it will boost more to new high.
As we all knows that US Dollar Currency Index is getting stronger as America again considering to increase the interest rate. If it happened then we can see more fall in GBPUSD.
Japanese yen is still weak and I believe that this pair will continue grow to make new high.
As US Dollar getting stronger day by day due to the voice of increasing interest rate again, we can assume that USDCHF will be more bullish.
As we all knows that US Dollar Currency Index is getting stronger as America again considering to increase the interest rate. If it happened then we can see more fall in EURUSD.
On H4 we can see clearly rejection on it. I believe it will fall more.
On H4 chart, gold was rejected from the major resistance zone and also rejected from EMA50, which is giving strong indication of further downtrend. Better to see sell opportunity.