The pair shows downtrend towards 160.977 price which is 38.2 fib level.
From the invert you can notice that this pair is likely to push more up within the trendline to break the top.
We may see bearish wave from the current price if the attempt to break the trendline get rejected.
We may have bearish correction here before we can continuous bullish wave.
The instrument may be a bearish correction on its overall bullish trend towards the neckline.
DXY tried to push over the FOMC and the price action looks to complete the bearish movements towards 95.000 area.
We are bearish on this pair over a long term to mimic the chart depicted.
This pair looks bullish at its current state and may push more up to break the previous high.
USDCHF is moving towards the 083602 area of resistance and that's where we my see bears to break the previous low
Pound/Dollar is eying the 1.32000 support and let see how it will react from there.
EurJPy has done the neckline test and we may see the bearish wave towards the 0.50 fib support level at 160.820
Euro show potential to grow and break the previous high before we can see the bears. Potential Bullish target point is 1.5600
USDJPY is the long trend with possible correction towards 143.000 on to test the previous Friday low.
GBPUSD is in a bearish mode towards the support level of 1.3200.
I am still bearish bias on this pair for chart structure , 161.100 and 160.800 is still a target area before we can see bullish break out pattern/wave.
CadChf bullish inclination towards the price level 61119 as the pivot point,. overall the pair is bullish
DXY shows signs of recovery due to relaxed tariffs and its heading for 100.000 price level.
While Gold has had a good months of Bullish , DXY had a bad deal over Tariffs. DXY shows signs of recovery from its low due to upliftment of various tariffs. Gold is moderately move lower.