Here are the updates & outlook for multiple instruments in my watchlist.
1️⃣ Dollar Index (DXY) daily time frame 💲 After a test of a key daily structure resistance, we see a positive bearish reaction from that. It looks like the Index will keep retracing to lower levels.
2️⃣USDCAD daily time frame 🇺🇸🇨🇦 The market is currently approaching the neckline of an ascending triangle formation. Following the local weakness of a greenback, the pair may drop one more time from the underline horizontal line to a rising trend lien.
3️⃣ US30 Index weekly time frame The index reached a key weekly structure resistance. Strong rejection on a daily time frame signifies a local overbought state of the market. I will expect a pullback from the underlined level.
4️⃣ GBPJPY daily time frame 🇬🇧 🇯🇵 The pair successfully violated a key daily horizontal structure support. The broken structure turned into a resistance now. The market will most likely keep falling to lower levels soon.