Other Currencies

The 4 hour EUR/CHF chart shows that the short taken a few days ago reached it's first target (the bottom of the flag). Time to take some off for 300 pips, keeping a small part to catch the flush should price break below.

The daily chart of the continuous DX US Dollar future shows that price reached the 50% retracement level of the recent swing higher.

The 4 hour EUR/CHF chart shows that the trade I was shaken out of earlier reached it's target, and that price seems ready to revisit the lower line of this large flag.

The daily AUD/USD chart shows that price is getting close to the upper border of this large red pitchfork.

The daily AUD/CAD chart shows that price reached the top of a large wedge and the orange resistance.

The daily chart of the US Dollar Index shows that price is testing the red uptrend line, which should give us some renewed dollar strength ...

The daily USD/CHF chart shows that price didn't give the expected bounce at the red trend line (stopping me out for -30 pips), but decided to test the area around the 61.8% retracement level of the large upswing and the backtest of the previously broken yellow trend line.

Just a quick update of my daily AUD/USD chart, to show that the red pitchfork I drew several weeks ago is still acting as a nice guide for price.

Let's see ...

The daily USD/CHF chart shows that price is getting close to the red trend line, where we should see a nice bounce.