Euro / U.S. Dollar
Long

MarketBreakdown | EURUSD, DOLLAR INDEX, BITCOIN, SILVER

287
snapshot

Here are the updates & outlook for multiple instruments in my watch list.

1️⃣ #EURUSD daily time frame 🇪🇺🇺🇸

The price started a correctional movement after it updated
a high the first of July.

The market formed a bullish flag pattern.
Your next trend-following bullish signal will be a breakout and a daily
candle close above its resistance.

2️⃣ Dollar Index #DXY daily time frame 💵

The market corrects in a bearish flag pattern.
I see a test of a significant horizontal resistance cluster now.
Your signal to see will be a bearish violation of a support
of the flag and a daily candle close below.

3️⃣ #BITCOIN #BTCUSD daily time frame

Though the price managed to update the All-Time High
yesterday, the market did not manage to close above
a current major resistance.

I believe that we will see another attempt of the market to breakthrough.

Your bullish confirmation will be a daily candle close above the underlined resistance.

4️⃣ #SILVER #XAGUSD daily time frame 🪙

The price reached an important confluence demand zone
based on a rising trend line and a horizontal key structures support.

Probabilities will be high to see a bullish movement from that.

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