DXY (U.S. Dollar Index) Forecast Weekly.

The U.S. Dollar Index rise in the short-term, but will downtrend in the long term.

Jan.06 2021, U.S.Capitol riots.

U.S.Dollar index rebounded, because capitol riots that be global markets money entry U.S.Dollar.

U.S.Dollar index rebounded until Jan.20 presidential inauguration, and U.S.Dollar index will downtrend.

Reliability: 3-10 Markets Days

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Detail: tradingview.com/chart/DXY/b6Lh7zy7-The-U-S-Dollar-Index-rise-in-the-short-term/

EURUSD will Go Long in Mid-Term.

EURUSD in downtrend begin Jan.06, because U.S.capitol riots let be global markets money entry U.S.Dollar (Index).

EURUSD will Go Long in Mid-Term after Jan.20 U.S. presidential inauguration, and U.S.Dollar index will downtrend.

Jan.18.2021
Reliability: 3-10 Markets Days

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Detail:
https://www.tradingview.com/chart/EURUSD/LNYUsRQT-EURUSD-will-Go-Long-in-Mid-Term/

GBPUSD is still in the Uptrend.

With the rebound of the US dollar index and the recent decline of non-US currencies, the British pound remains strong relative to other currencies, maintaining an upward trend. Currently, it faces the 1.37 integer mark resistance and waits for a breakthrough.

In Jan.18 on the US Dollar Index and the EURUSD idea: US Dollar Index is estimated to have a chance to fall again after the inauguration of the new President Biden on January 20. At this time, the EURUSD will be rise.

Therefore, the same reason: It is estimated that after January 20, when the Dollar Index turns down, the upward trend of the Pound will be more effective. There is a chance to break above the 1.37 integer resistance. The current upper target is 1.3800-1.3860.

Jan.19. 2021
Reliability: 3-10 Markets Days

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Detail: https://www.tradingview.com/chart/GBPUSD/T4K8BgnG-GBPUSD-is-still-in-the-Uptrend/

AUDUSD is still in the long-term uptrend channel.

The Australian Dollar (AUDUSD) fell from the high of 0.7820 on January 6 to the low of 0.7659 on January 18. It rebounded in the past two trading days and returned to above the 0.7700 integer.

From the long-term trend and the FED Chairman Powell's dovish attitude, as well as the 1.9 trillion dollar stimulus plan of the new President Joe Biden, the long-term trend of the US Dollar Index is still downward, so the long-term trend of the AUDUSD is upward.

By technical analysis, the AUDUSD is still in the long-term uptrend channel, so it is recommended to Buy operations.

As shown in the figure: it can be buy now (entry market price around 0.7740), or price falling to above 0.7650 support.

Jan.20.2021
Reliability: 3-10 Market Days

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Detail:
https://www.tradingview.com/chart/AUDUSD/3sUHEyNX-AUDUSD-is-still-in-the-long-term-uptrend-channel/