Dollar Continues Moving Sideways

DAX performs a V-shaped reversal but the optimism stops today on a crucial resistance; 15440 points.

Brent Oil bounces off a crucial dynamic support.

Dollar Index extends the pennant formation awaiting the breakout.

EURUSD enters the rectangle pattern continuing the sideways movement.

After choppy movements, GBPUSD finds itself still trading above the 38,2% Fibonacci.

The same with NZDUSD, which is doing everything to stay above the 38,2% Fibo.

USDCHF continues trading inside of the symmetric triangle pattern.

EURNZD jumps above important horizontal resistance and today, testing it as a support.

CADCHF breaks an absolutely crucial long-term support. That’s a strong sell!

For a look at all of today’s economic events, check out our economic calendar.