Good morning/USDX currency pair, I am considering purchases with the first target at 0.9658. In case of a breakdown of this level, the next target for growth will be the level of 0.7080. Strengthening is expected from current levels, or after a decline, to the area of 0.6905. This scenario will be canceled if the pair consolidates below 0.6850. If this happens, I will consider selling with the first target 0.6836.
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GBP USD analysis The GBP/USD currency pair, I am considering purchases with a target of 1.2451. For confirmation, it is better to wait for the breakdown of 1.2335. I expect strengthening from current levels, or after a decline to the area of 1.2207. This scenario will be canceled if the pair consolidates below 1.2155. If this happens, I will consider sales with a target of 1.1963. Judging by the Depth of Market, you can see a large level which is in the region of 1.2500. The price always moves to where there is a significant amount of funds.
USD CAD analysis USD / CAD currency pair, I consider selling with the first target at 1.2817. In case of a breakdown of this level, the next target for the decline will be the level of 1.2695. I expect a decrease from current levels, or after growth, to the area of 1.2925. This scenario will be canceled if the pair consolidates above the level of 1.2939. If this happens, I will consider purchases with a target of 1.3062. Good luck to you all and follow the rules of money management. Novice traders need to remember that not all trades are profitable.
