DXY – 4h
Dollar is bullish but on lower timeframe (4h) we see a correction taking place.
I expect the price to retest the support and probably go for a liquidity sweep over the previous low.
XAUUSD – Swing trading (Daily timeframe)
On daily timeframe, gold is looking bullish, leading with equal lows and higher highs.
On a lower timeframe, we see a break of structure prior to a rejection from 0.786 fib.
I will enter a long position if gold will come back for a retest of that support level (and a sweep on the liquidity from prev low).
SPX – Waiting for retrace
SPX is looking bullish but i will consider a position if it retraces back to the old support level.
EURUSD – Waiting for breakout
EURUSD is currently at a resistance, but it looks bullish, based on the double bottom and the buying pressure that we have. I expect a retrace due to the trendline + resistance level confluence and then another attempt to break through.
I will enter a long position in case we see a breakout over the 1.073$ level.
