Free forex signal

Dollar index still indecision between uptrendline (yellow trendline) and downrendline (red trendline),meanwhile angle 30degree (white trendline)perhaps could be a filter for any false breakout,rebound would strong if price stay above 81.55 zone.anyway in case price retry support zone again,dollar index maybe critical and could be very bearish if the support taken out.


Above is the gbp/usd chart,price fail at the first try at the resistance zone and create a pre-double top pattern,a clear breakout above 1.6660 is needed to continue bullish momentum toward next upside target around 1.6850 or higher around 1.7195.anyway,while below 1.6660 cable may still in correction mood toward 1.6222 or lower around 1.6119.in case price exceed below 1.61 previous low maybe in focus around 1.5801 where a breakdown below may bring worsen scenario for the cable.


euro above is needed to entering blue zone to continue bullish scenario and clear breakout above 1.44 may bring retest toward 1.47 ,while below that level euro have a risk to test 30degree line(white trendline) where the breakdown below may expose 1.3789 again and if the support taken out euro may correction deeper toward 1.3617 or lower around 1.3445.