21.07.26 Daily Forecast

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21.07.26 Daily ForecastU.S. Dollar Currency IndexTVC:DXYJordanWillsonGood day everyone!! No video forecast today due to being out of the door early to work, hopefully this should be the last day before fully resuming video forecasts as normal. As you can see from previous forecasts with the DXY, we did get that move to the upside as expected. Now it is a question of whether price needs a deeper pullback or this is the new base for the next move to the upside. Today I am looking at : EURAUD - After the sell we got yesterday, we could now be seeing a 1H structure develop underneath the low for a 15M risk entry short, to complete the move into the next main low. USDCAD : I am open to the long and short on this pair as it is conflicting a little with the DXY. Either a 1H tight flag filtered to the 15M for a risk entry or reduce risk for the longs. Or price drops back through from the V shape and provides an insurance entry short. NZDUSD : Price is currently sat at a value area for sells and also completing a reversal structure into that high, so we could see a turnaround from here for the sells. However, if the DXY needs the deeper pullback then this pair may move higher into the ray line above before we see any sell moves occur.