INFO
MARKET MEDIA2026-07-17
OPEN SOURCE
CHANNELFOREX.com
Nasdaq 100 breaks trend, Gold tests $4K and WTI breaks higher
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Nasdaq 100 breaks trend, Gold tests $4K and WTI breaks higher
FOREX.com • 2026-07-17 15:25:09 UTC
The Nasdaq 100 is breaking below the support trend of a triangle pattern, raising concerns about whether it will hold below this level or rebound.
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00:00–05:00
  • The Nasdaq 100 is breaking below the support trend of a triangle pattern, raising concerns about whether it will hold below this level or rebound.
  • If the Nasdaq 100 holds below the low at approximately 28,199, it could indicate a potential correction back to the previous double top high from last year.
  • Gold has been under pressure around the 4000 level due to the strength of the US dollar, a hawkish Federal Reserve, and rising oil prices, but has not yet decisively broken below this support zone.
  • A break below the 4000 level in gold could target 3900 initially, followed by 3800, while a rebound above this level could signal a positive technical development.
  • Crude oil prices are showing bullish characteristics, having held support above 78 and breaking out from a recent consolidation pattern amid escalating geopolitical tensions in the Middle East.
  • Our interpretation: The current market dynamics suggest that if the Nasdaq 100 fails to recover, it may trigger a broader risk-off sentiment, while gold's stability around 4000 could be pivotal for investor confidence amid rising oil prices.
INSTRUMENTS
GOLD
I 0.7 • C 0.9
Gold is directly discussed as being under pressure around the 4000 level.
WTI
I 0.7 • C 0.9
WTI crude oil is mentioned as breaking higher amid geopolitical tensions.
AUDUSD
I 0.5 • C 0.8
The block discusses the strength of the US dollar in relation to gold prices.
EURUSD
I 0.5 • C 0.8
The block discusses the strength of the US dollar in relation to gold prices.
GBPUSD
I 0.5 • C 0.8
The block discusses the strength of the US dollar in relation to gold prices.
NZDUSD
I 0.5 • C 0.8
The block discusses the strength of the US dollar in relation to gold prices.
USDCAD
I 0.5 • C 0.8
The block discusses the strength of the US dollar in relation to gold prices.
USDCHF
I 0.5 • C 0.8
The block discusses the strength of the US dollar in relation to gold prices.
USDDKK
I 0.5 • C 0.8
The block discusses the strength of the US dollar in relation to gold prices.
USDJPY
I 0.5 • C 0.8
The block discusses the strength of the US dollar in relation to gold prices.
USDNOK
I 0.5 • C 0.8
The block discusses the strength of the US dollar in relation to gold prices.
USDPLN
I 0.5 • C 0.8
The block discusses the strength of the US dollar in relation to gold prices.
INFO
MARKET MEDIA2026-07-17
OPEN SOURCE
CHANNELFOREX.com
Rising Oil Prices Threaten Progress on Inflation | Opening Bell with Michael Boutros | 7/17/2026
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Rising Oil Prices Threaten Progress on Inflation | Opening Bell with Michael Boutros | 7/17/2026
FOREX.com • 2026-07-17 14:30:06 UTC
The conflict in Iran has intensified, marked by airstrikes and threats that are influencing oil prices.
FULL
00:00–05:00
  • The conflict in Iran has intensified, marked by airstrikes and threats that are influencing oil prices.
  • Oil prices remain at a resistance zone, showing no movement despite the escalating conflict.
  • Should oil prices continue to rise due to the Iranian situation, it may lead to heightened inflation, which could compel the Federal Reserve to increase interest rates.
  • The DXY has broken its weekly range, with critical support levels identified between 100.15 and 100.34.
  • The rising oil prices create an interest rate disparity that favors the US dollar, as the Fed may need to act to control inflation.
  • The Fed's commitment to addressing inflation could result in rate hikes if oil prices hinder progress on inflation targets.
  • Our interpretation: The interplay between rising oil prices and potential Fed rate hikes suggests a complex dynamic in the USD liquidity and inflation channels, where sustained oil price increases could trigger a more aggressive monetary policy response.
INSTRUMENTS
USDCAD
I 1.0 • C 1.0
The block discusses the relationship between oil prices and the Fed's monetary policy, impacting the USD/CAD pair.
AUDUSD
I 1.0 • C 1.0
The block discusses potential Fed rate hikes due to rising oil prices impacting inflation.
EURUSD
I 1.0 • C 1.0
The block discusses potential Fed rate hikes due to rising oil prices impacting inflation.
GBPUSD
I 1.0 • C 1.0
The block discusses potential Fed rate hikes due to rising oil prices impacting inflation.
NZDUSD
I 1.0 • C 1.0
The block discusses potential Fed rate hikes due to rising oil prices impacting inflation.
USDCHF
I 1.0 • C 1.0
The block discusses potential Fed rate hikes due to rising oil prices impacting inflation.
USDDKK
I 1.0 • C 1.0
The block discusses potential Fed rate hikes due to rising oil prices impacting inflation.
USDJPY
I 1.0 • C 1.0
The block discusses potential Fed rate hikes due to rising oil prices impacting inflation.
USDNOK
I 1.0 • C 1.0
The block discusses potential Fed rate hikes due to rising oil prices impacting inflation.
USDPLN
I 1.0 • C 1.0
The block discusses potential Fed rate hikes due to rising oil prices impacting inflation.
USDSEK
I 1.0 • C 1.0
The block discusses potential Fed rate hikes due to rising oil prices impacting inflation.
WTI
I 1.0 • C 1.0
The block discusses rising oil prices due to geopolitical tensions.
FULL
05:00–10:00
  • The monthly opening range for the euro remains intact just below downtrend resistance, indicating a critical support structure.
  • Initial support for the euro is identified at the 1414 to 1422 range, with a break below that threatening a test of the monthly range low.
  • Closing above 3474 for sterling is essential to confirm a breakout, as this level aligns with significant retracement and yearly open references.
  • A break below 3460 for sterling could invalidate the near-term upside bias, suggesting a potential deeper cut towards the 200-day moving average.
  • The 200-day moving average at 3412 serves as a crucial line for long positions in sterling, with losses below 3398 indicating a significant high may have been established.
  • Our interpretation: The current dynamics in the euro and sterling markets suggest that maintaining critical support levels is vital for sustaining bullish trends, while any breaches could lead to increased bearish sentiment and necessitate adjustments in trading strategies.
INSTRUMENTS
EURUSD
I 0.6 • C 0.8
The euro's support levels are critical for the EUR/USD pair's performance.
GBPUSD
I 0.6 • C 0.8
The analysis of sterling's levels directly impacts the GBP/USD pair.
EURCHF
I 0.6 • C 0.8
The block discusses critical support levels for the euro, indicating potential volatility.
EURGBP
I 0.6 • C 0.8
The block discusses critical support levels for the euro, indicating potential volatility. Also: The block highlights key levels for sterling, suggesting potential market reactions.
EURJPY
I 0.6 • C 0.8
The block discusses critical support levels for the euro, indicating potential volatility.
EURPLN
I 0.6 • C 0.8
The block discusses critical support levels for the euro, indicating potential volatility.
GBPJPY
I 0.6 • C 0.8
The block highlights key levels for sterling, suggesting potential market reactions.
USDCAD
I 0.4 • C 0.6
The analysis of market conditions can impact the USD/CAD pair.
USDCHF
I 0.4 • C 0.6
The overall market dynamics can influence the USD/CHF pair indirectly.
FULL
10:00–15:00
  • The 70 to 7022 level is significant, representing the 618 retracement from the March rally and the descent from the yearly high.
  • Momentum is showing signs of failure, indicating an overbought condition, which coincides with a cluster of Fibonacci levels and near-term resistance.
  • Initial support is identified at the 618 retracement of the week's range, converging around 69.54 to 69.53.
  • A break below the weekly low, which is near the July open, would suggest a potential resumption of the downtrend from the May highs.
  • The current situation is viewed as a recovery within a downtrend that has encountered failure at confluent resistance.
FULL
15:00–20:00
  • A conviction close below 60.36 is necessary to confirm a break of the objective monthly opening range low, which has served as a key pivot zone for several months.
  • Remaining constructive above 61.69 is critical, as a breach above 62 would require a move to 62.84 to signal a resumption, with targets set at 63.33 and 64.
  • The intervention threat in the currency markets is significant, with historical coordinated interventions noted for their effectiveness, especially when paired with policy shifts.
  • The Swiss franc is currently testing a major resistance level at 81, which also represents the year's high close, suggesting a potential range break is on the horizon.
  • Patience is advised as the Swiss franc approaches critical levels, with the uptrend remaining vulnerable below 81.25.
  • Our interpretation: The ongoing intervention threat in the currency markets, particularly regarding the dollar-yen dynamics, indicates that significant movements in USD/JPY could have broader implications for FX rates and inflation expectations, especially if coordinated actions are implemented to stabilize the yen.
INSTRUMENTS
USDJPY
I 1.0 • C 0.9
The block directly analyzes USD/JPY dynamics in the context of intervention threats.
AUDJPY
I 1.0 • C 0.9
The block highlights the potential for coordinated interventions affecting the Japanese yen.
AUDUSD
I 1.0 • C 0.9
The block discusses the intervention threat in currency markets, particularly affecting USD/JPY dynamics.
EURJPY
I 1.0 • C 0.9
The block highlights the potential for coordinated interventions affecting the Japanese yen.
EURUSD
I 1.0 • C 0.9
The block discusses the intervention threat in currency markets, particularly affecting USD/JPY dynamics.
GBPJPY
I 1.0 • C 0.9
The block highlights the potential for coordinated interventions affecting the Japanese yen.
GBPUSD
I 1.0 • C 0.9
The block discusses the intervention threat in currency markets, particularly affecting USD/JPY dynamics.
NZDUSD
I 1.0 • C 0.9
The block discusses the intervention threat in currency markets, particularly affecting USD/JPY dynamics.
USDCAD
I 1.0 • C 0.9
The block discusses the intervention threat in currency markets, particularly affecting USD/JPY dynamics.
USDCHF
I 1.0 • C 0.9
The block discusses the intervention threat in currency markets, particularly affecting USD/JPY dynamics.
USDDKK
I 1.0 • C 0.9
The block discusses the intervention threat in currency markets, particularly affecting USD/JPY dynamics.
USDNOK
I 1.0 • C 0.9
The block discusses the intervention threat in currency markets, particularly affecting USD/JPY dynamics.
FULL
20:00–25:00
  • Gold is currently testing a critical support level at 39.51, which bulls must defend to prevent a more significant decline.
  • Oil prices are attempting to break above the 75.79-60 level, a key focus since Monday, but confirmation through weekly and daily closes is necessary.
  • Military actions announced by President Trump targeting RGC infrastructure could escalate tensions and impact oil supply dynamics.
  • Bitcoin has declined for three consecutive days, testing critical support levels that, if breached, may lead to further downward pressure in the cryptocurrency market.
  • While inflation appears to be cooling, escalating conflict conditions could lead to rising oil prices, complicating the inflation outlook.
  • Our interpretation: The ongoing escalation in conflict introduces significant risks to oil supply, which could lead to higher inflation expectations and pressure on the dollar, complicating the Fed's monetary policy decisions.
INSTRUMENTS
WTI
I 0.9 • C 0.9
The block discusses rising oil prices and their implications.
GOLD
I 0.8 • C 0.8
Gold is mentioned as testing critical support levels amid inflation concerns.
AUDUSD
I 0.8 • C 0.9
The block discusses inflation and the Fed's monetary policy decisions.
EURUSD
I 0.8 • C 0.9
The block's inflation discussion may indirectly affect the euro. Also: The block discusses inflation and the Fed's monetary policy decisions.
GBPUSD
I 0.8 • C 0.9
The block discusses inflation and the Fed's monetary policy decisions.
NZDUSD
I 0.8 • C 0.9
The block discusses inflation and the Fed's monetary policy decisions.
USDCAD
I 0.8 • C 0.9
The relationship between oil prices and CAD is relevant. Also: The block discusses inflation and the Fed's monetary policy decisions. Also: Rising oil prices can impact Canadian inflation and economic conditions.
USDCHF
I 0.8 • C 0.9
The block discusses USD and inflation, impacting currency pairs. Also: The block discusses inflation and the Fed's monetary policy decisions.
USDDKK
I 0.8 • C 0.9
The block discusses inflation and the Fed's monetary policy decisions.
USDJPY
I 0.8 • C 0.9
The block discusses inflation and the Fed's monetary policy decisions.
USDNOK
I 0.8 • C 0.9
The block discusses inflation and the Fed's monetary policy decisions.
USDPLN
I 0.8 • C 0.9
The block discusses inflation and the Fed's monetary policy decisions.
FULL
25:00–30:00
outro_or_disclaimer
INFO
MARKET MEDIA2026-07-17
OPEN SOURCE
CHANNELFOREX.com
Markets in Turmoil as US-Iran Conflict Escalates | Daily Market Update, July 17 2026
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Markets in Turmoil as US-Iran Conflict Escalates | Daily Market Update, July 17 2026
FOREX.com • 2026-07-17 12:51:09 UTC
The current state of the US-Iran conflict is characterized by increased intensity, with US strikes targeting bridges in southern Iran.
FULL
00:00–05:00
  • The current state of the US-Iran conflict is characterized by increased intensity, with US strikes targeting bridges in southern Iran.
  • The IRGC has expanded its attacks on US military bases in Kuwait, Iran, and Jordan, raising the potential for further escalation.
  • Iran has issued a warning to the Houthis to close the Bab Al-Mandeb Strait, a vital route for oil exports, which could tighten the oil market and compel the US to engage in negotiations.
  • Oil prices have surged by 2.5%, reaching their highest level in a month as traders react to the escalating conflict.
  • The NASDAQ 100 has declined by 2%, breaking down from a symmetrical triangle pattern, with critical support levels identified at 28,250, 27,500, and 26,250.
  • Today's economic data includes a B tier report on U of M consumer sentiment, which is anticipated to improve, although the survey was conducted prior to the latest US-Iran escalation.
  • Our interpretation: The ongoing conflict is likely to lead to heightened volatility in oil and equity markets, with traders closely monitoring key support levels in the NASDAQ 100 as geopolitical tensions evolve.
INSTRUMENTS
WTI
I 0.8 • C 0.9
The block discusses rising oil prices due to geopolitical tensions.
BRENT
I 0.7 • C 0.8
Brent crude is also affected by the same geopolitical tensions impacting oil prices.
AUDUSD
I 0.5 • C 0.8
The US-Iran conflict can lead to increased oil prices, impacting inflation and economic conditions in the US.
EURUSD
I 0.5 • C 0.8
The US-Iran conflict can lead to increased oil prices, impacting inflation and economic conditions in the US.
GBPUSD
I 0.5 • C 0.8
The US-Iran conflict can lead to increased oil prices, impacting inflation and economic conditions in the US.
NZDUSD
I 0.5 • C 0.8
The US-Iran conflict can lead to increased oil prices, impacting inflation and economic conditions in the US.
USDCAD
I 0.5 • C 0.8
The US-Iran conflict can lead to increased oil prices, impacting inflation and economic conditions in the US.
USDCHF
I 0.5 • C 0.8
The US-Iran conflict can lead to increased oil prices, impacting inflation and economic conditions in the US.
USDDKK
I 0.5 • C 0.8
The US-Iran conflict can lead to increased oil prices, impacting inflation and economic conditions in the US.
USDJPY
I 0.5 • C 0.8
The US-Iran conflict can lead to increased oil prices, impacting inflation and economic conditions in the US.
USDNOK
I 0.5 • C 0.8
The US-Iran conflict can lead to increased oil prices, impacting inflation and economic conditions in the US.
USDPLN
I 0.5 • C 0.8
The US-Iran conflict can lead to increased oil prices, impacting inflation and economic conditions in the US.
INFO
MARKET MEDIA2026-07-16
OPEN SOURCE
CHANNELFOREX.com
GBP/USD Breakout Levels- USD/CAD Risks 8-days Down | Opening Bell with Michael Boutros | 7/16/2026
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GBP/USD Breakout Levels- USD/CAD Risks 8-days Down | Opening Bell with Michael Boutros | 7/16/2026
FOREX.com • 2026-07-16 15:01:54 UTC
The US dollar (DXY) is at a pivotal juncture, with key support levels between 100.15 and 100.41 that could validate a near-term downtrend if breached.
FULL
00:00–05:00
  • The US dollar (DXY) is at a pivotal juncture, with key support levels between 100.15 and 100.41 that could validate a near-term downtrend if breached.
  • Michael Boutros notes that the DXY has been in a descending channel and has failed at the monthly open resistance of 101.22, indicating vulnerability in the dollar's strength.
  • A break below 100.15 could lead to a significant decline, with the next level of interest at the January high of 99.49, a major pivot point in price.
  • The shift in interest rate expectations has dampened the dollar rally, with current expectations for a Fed hold rising from 28% to 48% for September.
  • Our interpretation: A sustained break below the pivotal support at 100.15 could trigger a broader sell-off in the dollar, impacting related currency pairs and potentially leading to increased volatility in the forex market.
INSTRUMENTS
AUDUSD
I 1.0 • C 1.0
The block discusses the US dollar's pivotal support levels and interest rate expectations.
EURUSD
I 1.0 • C 1.0
The block's analysis of the dollar's performance can influence the euro's relative strength. Also: The block discusses the US dollar's pivotal support levels and interest rate expectations.
GBPUSD
I 1.0 • C 1.0
The block's focus on the dollar's strength impacts the GBP's relative performance. Also: The block discusses the US dollar's pivotal support levels and interest rate expectations.
NZDUSD
I 1.0 • C 1.0
The block discusses the US dollar's pivotal support levels and interest rate expectations.
USDCAD
I 1.0 • C 1.0
The block's discussion on the USD's strength impacts related currency pairs. Also: The block discusses the US dollar's pivotal support levels and interest rate expectations.
USDCHF
I 1.0 • C 1.0
The block discusses the US dollar's pivotal support levels and interest rate expectations.
USDDKK
I 1.0 • C 1.0
The block discusses the US dollar's pivotal support levels and interest rate expectations.
USDJPY
I 1.0 • C 1.0
The block discusses the US dollar's pivotal support levels and interest rate expectations.
USDNOK
I 1.0 • C 1.0
The block discusses the US dollar's pivotal support levels and interest rate expectations.
USDPLN
I 1.0 • C 1.0
The block discusses the US dollar's pivotal support levels and interest rate expectations.
USDSEK
I 1.0 • C 1.0
The block discusses the US dollar's pivotal support levels and interest rate expectations.
FULL
05:00–10:00
  • The Euro has been testing a critical support level at 1.3515 for nearly two weeks, indicating a pivotal moment for its price action.
  • A breakout above 1.492 is essential to confirm the Euro's exit from its descending channel, with a potential upward target set at 1.576.
  • The British Pound has demonstrated a robust breakout, with significant levels identified between 1.3460 and 1.3474, which encompass the 618 retracement of the recent drop and the February low day close.
  • A breach below the 200-day moving average for the British Pound would invalidate the current monthly uptrend, suggesting a risk of a false breakout scenario.
  • Current market conditions indicate that a close above 1.492 for the Euro could trigger substantial upward momentum, while failing to maintain above 1.355 may lead to a downturn.
  • Our interpretation: The Euro's ability to close above 1.492 is crucial for validating its breakout, while the British Pound's stability hinges on maintaining above the 200-day moving average to avoid a reversal in the GBP/sterling-rate channel.
INSTRUMENTS
EURUSD
I 1.0 • C 1.0
EUR/USD is directly analyzed in the context of breakout levels.
GBPUSD
I 1.0 • C 1.0
GBP/USD is relevant due to the discussion of the British Pound's support levels.
EURCHF
I 1.0 • C 1.0
The Euro is discussed in relation to its critical support and breakout levels.
EURGBP
I 1.0 • C 1.0
The Euro is discussed in relation to its critical support and breakout levels. Also: The British Pound's stability is discussed in relation to its 200-day moving average.
EURJPY
I 1.0 • C 1.0
EUR/JPY is indirectly affected by the Euro's breakout analysis. Also: The Euro is discussed in relation to its critical support and breakout levels.
EURPLN
I 1.0 • C 1.0
The Euro is discussed in relation to its critical support and breakout levels.
GBPJPY
I 1.0 • C 1.0
GBP/JPY is indirectly affected by the British Pound's support analysis. Also: The British Pound's stability is discussed in relation to its 200-day moving average.
AUDUSD
I 0.5 • C 0.8
The US Dollar is indirectly referenced through its relationship with the Euro and British Pound.
NZDUSD
I 0.5 • C 0.8
The US Dollar is indirectly referenced through its relationship with the Euro and British Pound.
USDCAD
I 0.5 • C 0.8
USD/CAD is indirectly influenced by the overall analysis of the US Dollar. Also: The US Dollar is indirectly referenced through its relationship with the Euro and British Pound.
USDCHF
I 0.5 • C 0.8
USD/CHF is indirectly influenced by the overall analysis of the US Dollar. Also: The US Dollar is indirectly referenced through its relationship with the Euro and British Pound.
USDDKK
I 0.5 • C 0.8
The US Dollar is indirectly referenced through its relationship with the Euro and British Pound.
FULL
10:00–15:00
  • The British Pound is currently retracing from the yearly high, approaching uptrend resistance as the week begins.
  • Initial support for GBP/USD is at the 200-day moving average, specifically in the 134.60 to 134.70 zone.
  • A break above recent highs for GBP/USD targets the 3592 to 3593 range, aligning with a 618 retracement level.
  • The Australian Dollar is testing resistance in the 7002 to 7200 range, with 7023 as a critical level to maintain for the current rally.
  • Dollar CAD is experiencing an eight-day consecutive decline, a rare occurrence last seen in 2014.
  • Our interpretation: The GBP/USD's ability to hold above the 200-day moving average is crucial to sustain its upward momentum, while the Australian Dollar's resistance levels will determine its near-term direction.
INSTRUMENTS
AUDUSD
I 1.0 • C 1.0
The block discusses the Australian Dollar's resistance levels.
GBPUSD
I 1.0 • C 1.0
The block directly analyzes GBP/USD's support and resistance levels.
USDCAD
I 1.0 • C 1.0
The block mentions the USD/CAD's recent performance.
AUDJPY
I 1.0 • C 1.0
The block mentions the Australian Dollar's resistance levels.
EURGBP
I 1.0 • C 1.0
The block discusses the British Pound's resistance and support levels.
EURUSD
I 1.0 • C 1.0
The block discusses the US Dollar's pivotal support level and its implications.
GBPJPY
I 1.0 • C 1.0
The block discusses the British Pound's resistance and support levels.
NZDUSD
I 1.0 • C 1.0
The block discusses the US Dollar's pivotal support level and its implications.
USDCHF
I 1.0 • C 1.0
The block discusses the US Dollar's pivotal support level and its implications.
USDDKK
I 1.0 • C 1.0
The block discusses the US Dollar's pivotal support level and its implications.
USDJPY
I 1.0 • C 1.0
The block discusses the US Dollar's pivotal support level and its implications.
USDNOK
I 1.0 • C 1.0
The block discusses the US Dollar's pivotal support level and its implications.
FULL
15:00–20:00
  • A major extreme multi-day decline does not necessarily indicate a low, as previous price action suggests a continuation of the broader directional move.
  • Initial resistance for the current analysis is at 40.84, with bearish invalidation at last week's objective low of 41.17.
  • The Dollar-Yen has been coiling around key support levels, particularly in the 61.68 to 61.95 zone, indicating potential for a breakout.
  • For the Swiss Franc, a break below 80.41 would signal a conviction break of the May uptrend, with the potential to test the 80 handle.
  • The long bias for the Swissy remains intact as long as it stays above 81.24, with initial support at 80.41.
  • Our interpretation: The current market dynamics suggest that the ability of the Dollar-Yen to maintain support could lead to a breakout, while the Swiss Franc's performance hinges on its ability to hold above critical support levels.
INSTRUMENTS
USDJPY
I 1.0 • C 1.0
The block directly analyzes the Dollar-Yen, making it a primary instrument.
AUDJPY
I 1.0 • C 1.0
The block directly analyzes the Dollar-Yen, which involves the JPY.
AUDUSD
I 1.0 • C 1.0
The block discusses the Dollar-Yen and its support levels, indicating a direct analysis of USD.
EURCHF
I 1.0 • C 1.0
The block mentions the Swiss Franc's critical support levels, indicating a direct analysis of CHF.
EURJPY
I 1.0 • C 1.0
The block directly analyzes the Dollar-Yen, which involves the JPY.
EURUSD
I 1.0 • C 1.0
The block discusses the Dollar-Yen and its support levels, indicating a direct analysis of USD.
GBPJPY
I 1.0 • C 1.0
The block directly analyzes the Dollar-Yen, which involves the JPY.
GBPUSD
I 1.0 • C 1.0
The USD's performance can influence GBP/USD dynamics. Also: The block discusses the Dollar-Yen and its support levels, indicating a direct analysis of USD.
NZDUSD
I 1.0 • C 1.0
The block discusses the Dollar-Yen and its support levels, indicating a direct analysis of USD.
USDCAD
I 1.0 • C 1.0
While not directly mentioned, the USD's strength can influence CAD. Also: The block discusses the Dollar-Yen and its support levels, indicating a direct analysis of USD.
USDCHF
I 1.0 • C 1.0
The block discusses the Swiss Franc's support levels, which can impact USD/CHF. Also: The block mentions the Swiss Franc's critical support levels, indicating a direct analysis of CHF. Also: The block discusses the Dollar-Yen and its support levels, indicating a direct analysis of USD.
USDDKK
I 1.0 • C 1.0
The block discusses the Dollar-Yen and its support levels, indicating a direct analysis of USD.
FULL
20:00–25:00
  • The gold market is currently in a near-term range, focusing on the level between 40.74 and 49.8, which has been straddled throughout the month.
  • Support for gold is identified at 39.51, with a break below this level indicating severe technical damage.
  • Oil is testing pivotal resistance at 79.60 to 80.75, a major pivot point linked to previous highs and moving averages.
  • If oil breaks above 80.75, it could open up further upside potential towards 85 and possibly even 90.
  • Bitcoin remains contractionary above key support levels, with critical resistance at 67,253 and a support structure raised to 60,780.
  • Our interpretation: The current market dynamics suggest that gold's ability to maintain support at 39.51 is crucial for avoiding further declines, while oil's resistance at 80.75 could dictate its next directional move.
INSTRUMENTS
GOLD
I 1.0 • C 1.0
The block discusses gold's support and resistance levels directly.
WTI
I 1.0 • C 1.0
The block analyzes oil's pivotal resistance levels directly.
INFO
MARKET MEDIA2026-07-15
OPEN SOURCE
CHANNELFOREX.com
Bitcoin Breakout Test at $65k
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Bitcoin Breakout Test at $65k
FOREX.com • 2026-07-15 18:45:24 UTC
Bitcoin is currently testing the breakout level at $65k, following a clean run earlier in the morning due to PPI data.
FULL
00:00–05:00
  • Bitcoin is currently testing the breakout level at $65k, following a clean run earlier in the morning due to PPI data.
  • The $65k level is highlighted as historically significant in Bitcoin's price action.
  • Bitcoin's market dynamics differ from gold's, as gold has central banks accumulating it, while Bitcoin features long-term holders incentivized to take profits.
  • The speaker cautions against dismissing Bitcoin based on short-term price movements, warning of the risks of making broad statements from limited data.
  • Bitcoin's price movements are influenced by interest rate sensitivity, similar to gold, but the two assets do not move in lockstep due to their distinct market structures.
  • Our interpretation: The current testing of the $65k level in Bitcoin, alongside shifting interest rate expectations from the Fed, suggests potential volatility in the cryptocurrency market. As the Fed signals possible rate cuts, this could lead to a re-evaluation of risk assets, including Bitcoin, which may attract speculative interest and impact its price dynamics in relation to traditional safe havens like gold.
INSTRUMENTS
BTCUSD
I 1.0 • C 1.0
Bitcoin is explicitly discussed as testing a significant price level.
AUDUSD
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
EURUSD
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
GBPUSD
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
NZDUSD
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
USDCAD
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
USDCHF
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
USDDKK
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
USDJPY
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
USDNOK
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
USDPLN
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
USDSEK
I 0.8 • C 0.9
The block discusses shifting interest rate expectations from the Fed, which directly impacts the USD.
FULL
05:00–10:00
  • The shift in preference for an anti-fiat safe haven appears to have moved from gold to Bitcoin, as Bitcoin shows strength while gold remains range-bound around the $4k level.
  • Bitcoin is currently experiencing a bullish breakout, while gold struggles to surpass the $4k resistance level, which is critical for bulls to negate the descending triangle pattern.
  • Chasing a fresh breakout is cautioned against; instead, it is suggested to wait for a pullback and observe bulls defending higher support levels.
  • The $65k level for Bitcoin is noted for its historical significance, with previous highs and support levels indicating substantial market interest.
  • Key support levels for Bitcoin include $64,397 and $63,589; falling below $63,589 may not signal the end of the rally but necessitates careful risk management.
  • Our interpretation: The current testing of the $65k level in Bitcoin, alongside shifting interest rate expectations from the Fed, suggests potential volatility in the cryptocurrency market, which may attract speculative interest and impact its price dynamics relative to traditional safe havens like gold.
INSTRUMENTS
BTCUSD
I 1.0 • C 1.0
Bitcoin is explicitly discussed as experiencing a bullish breakout.
AUDUSD
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
EURUSD
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
GBPUSD
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
NZDUSD
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
USDCAD
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
USDCHF
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
USDDKK
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
USDJPY
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
USDNOK
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
USDPLN
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
USDSEK
I 0.5 • C 0.8
The block discusses shifting interest rate expectations from the Fed, which directly relates to USD.
INFO
MARKET MEDIA2026-07-15
OPEN SOURCE
CHANNELFOREX.com
Nasdaq 100 drops as chipmakers ease; DXY at key support after weak inflation data
BLOCKS
00:00
1 intervals • swipe left
Nasdaq 100 drops as chipmakers ease; DXY at key support after weak inflation data
FOREX.com • 2026-07-15 16:47:28 UTC
The Nasdaq 100 declined after failing to break through a bearish trend line, indicating ongoing market consolidation.
FULL
00:00–05:00
  • The Nasdaq 100 declined after failing to break through a bearish trend line, indicating ongoing market consolidation.
  • Chipmakers experienced weakness, with ASML closing down 0.4% after an initial surge earlier in the day.
  • NVIDIA faced resistance around the 2012 to 2013 price area, contributing to the Nasdaq's overall decline of approximately 1%.
  • While it is premature to declare a complete risk-off sentiment, recent price action suggests a need for caution as the market rally appears to be losing momentum.
  • Key support for the US dollar is identified in the range of 131 to 165, which was recently tested and held, despite a decline in the dollar index following a weaker-than-expected PPI inflation report.
  • Our interpretation: The current market dynamics suggest that if the dollar can maintain support above the identified range, it may stabilize, but ongoing geopolitical tensions and inflation data could lead to further volatility.
INSTRUMENTS
NASDAQ100
I 0.6 • C 0.8
The Nasdaq 100's decline is directly discussed in the context of market dynamics.
AUDUSD
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
EURUSD
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
GBPUSD
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
NZDUSD
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
USDCAD
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
USDCHF
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
USDDKK
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
USDJPY
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
USDNOK
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
USDPLN
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
USDSEK
I 0.8 • C 0.9
The block discusses the US dollar's support levels and inflation data.
INFO
MARKET MEDIA2026-07-15
OPEN SOURCE
CHANNELFOREX.com
USD Price Action Setups: EUR/USD, GBP/USD, USD/JPY, Gold
BLOCKS
00:00
05:00
10:00
15:00
20:00
25:00
30:00
35:00
40:00
45:00
50:00
55:00
12 intervals • swipe left
USD Price Action Setups: EUR/USD, GBP/USD, USD/JPY, Gold
FOREX.com • 2026-07-15 04:10:48 UTC
The speaker shares insights gained from taking a couple of months off the desk, which allowed for a new perspective on trading.
FULL
00:00–05:00
  • The speaker shares insights gained from taking a couple of months off the desk, which allowed for a new perspective on trading.
  • There is a transition from short-term trading to a less frequent chart analysis approach, highlighting a 'less is more' strategy.
FULL
05:00–10:00
  • The US dollar is currently experiencing a pullback, but a bullish trend remains intact, with support around 100.5.
  • There are no rate cuts expected for the year, with a 42.6% probability for a 25 basis point hike, indicating market expectations for continued rate hikes.
  • The DXY index is influenced by a basket of currencies, with 57.6% from the Euro and 13.6% from the Japanese Yen, differentiating it from other asset classes like gold and Bitcoin.
  • The 100 to 100.22 price zone has shown significant support and resistance levels in recent trading activity.
  • Recent tests of support at 100.60 indicate latent buying pressure, suggesting that buyers are still interested in maintaining the bullish trend despite the pullback.
  • Our interpretation: The current market dynamics suggest that while the US dollar is facing a pullback, the underlying bullish trend and expectations for rate hikes may provide a foundation for potential upward movement in the near term.
INSTRUMENTS
EURUSD
I 0.5 • C 0.7
The block discusses the US dollar's performance, which affects the EUR/USD pair.
USDJPY
I 0.5 • C 0.7
The block mentions the USD/JPY pair, indicating its relevance.
AUDUSD
I 1.0 • C 1.0
The block discusses the US dollar's pullback and rate hike expectations.
GBPUSD
I 1.0 • C 1.0
The block discusses the US dollar's pullback and rate hike expectations.
NZDUSD
I 1.0 • C 1.0
The block discusses the US dollar's pullback and rate hike expectations.
USDCAD
I 1.0 • C 1.0
The block discusses the US dollar's pullback and rate hike expectations.
USDCHF
I 1.0 • C 1.0
The block discusses the US dollar's pullback and rate hike expectations.
USDDKK
I 1.0 • C 1.0
The block discusses the US dollar's pullback and rate hike expectations.
USDNOK
I 1.0 • C 1.0
The block discusses the US dollar's pullback and rate hike expectations.
USDPLN
I 1.0 • C 1.0
The block discusses the US dollar's pullback and rate hike expectations.
USDSEK
I 1.0 • C 1.0
The block discusses the US dollar's pullback and rate hike expectations.
AUDJPY
I 0.5 • C 0.7
The DXY index includes the Japanese Yen, indicating its relevance.
FULL
10:00–15:00
  • Buyers must defend the recent low at 100.607 to maintain a bullish setup.
  • A secondary defense level is identified at 100.64, which bulls need to overcome to demonstrate market control.
  • A break below 100.2200 would negate the current bullish trend, indicating a significant shift in market sentiment.
  • If the market falls below 99.40, it would signal a complete failure for bulls, as they would have missed an opportunity to break out.
  • Our interpretation: If buyers fail to defend key support levels, particularly around 100.64 and 100.22, it could lead to a bearish shift in the USD, impacting currency pairs and potentially triggering a broader risk-off sentiment in the FX market.
INSTRUMENTS
EURUSD
I 1.0 • C 1.0
The block's discussion on the USD's strength impacts the EUR/USD pair.
GBPUSD
I 1.0 • C 1.0
The block's focus on the USD's support levels directly impacts the GBP/USD pair.
USDJPY
I 1.0 • C 1.0
The block directly analyzes the USD's performance against the JPY.
AUDUSD
I 1.0 • C 1.0
The USD's performance indirectly affects the AUD/USD pair. Also: The block discusses key support levels for the USD, indicating a direct focus on its performance.
NZDUSD
I 1.0 • C 1.0
The USD's fluctuations can impact the NZD/USD pair. Also: The block discusses key support levels for the USD, indicating a direct focus on its performance.
USDCAD
I 1.0 • C 1.0
The USD's performance can impact the USD/CAD pair. Also: The block discusses key support levels for the USD, indicating a direct focus on its performance.
USDCHF
I 1.0 • C 1.0
The USD's strength is relevant to the USD/CHF pair. Also: The block discusses key support levels for the USD, indicating a direct focus on its performance.
USDDKK
I 1.0 • C 1.0
The USD's fluctuations can impact the USD/DKK pair. Also: The block discusses key support levels for the USD, indicating a direct focus on its performance.
USDNOK
I 1.0 • C 1.0
The USD's fluctuations can indirectly affect the USD/NOK pair. Also: The block discusses key support levels for the USD, indicating a direct focus on its performance.
USDPLN
I 1.0 • C 1.0
The USD's performance can affect the USD/PLN pair. Also: The block discusses key support levels for the USD, indicating a direct focus on its performance.
USDSEK
I 1.0 • C 1.0
The USD's performance is relevant to the USD/SEK pair. Also: The block discusses key support levels for the USD, indicating a direct focus on its performance.
FULL
15:00–20:00
  • Bulls could establish a stronger position if they close above 161.95 today, indicating a clean support test.
  • The DXY chart reflects higher lows and higher highs, suggesting increased control by bulls over short-term price action.
  • The Bank of Japan's (B.O.J.) hesitance to combat inflation is rooted in historical yen strength and its impact on the Japanese economy post-plaza accord.
  • The B.O.J.'s cautious stance on rate hikes is influenced by the need for economic stability amid demographic challenges.
  • Our interpretation: The B.O.J.'s careful approach to rate hikes in response to inflation may sustain yen weakness, potentially favoring bullish positions in dollar-yen as intervention risks remain a significant factor.
INSTRUMENTS
USDJPY
I 1.0 • C 1.0
The block discusses dollar-yen dynamics directly.
AUDJPY
I 1.0 • C 1.0
The Bank of Japan's cautious stance on rate hikes directly relates to the yen.
AUDUSD
I 1.0 • C 1.0
The discussion of bullish positions in dollar-yen indicates a focus on the US dollar.
EURJPY
I 1.0 • C 1.0
The Bank of Japan's cautious stance on rate hikes directly relates to the yen.
EURUSD
I 1.0 • C 1.0
The discussion of bullish positions in dollar-yen indicates a focus on the US dollar.
GBPJPY
I 1.0 • C 1.0
The Bank of Japan's cautious stance on rate hikes directly relates to the yen.
GBPUSD
I 1.0 • C 1.0
The discussion of bullish positions in dollar-yen indicates a focus on the US dollar.
NZDUSD
I 1.0 • C 1.0
The discussion of bullish positions in dollar-yen indicates a focus on the US dollar.
USDCAD
I 1.0 • C 1.0
The discussion of bullish positions in dollar-yen indicates a focus on the US dollar.
USDCHF
I 1.0 • C 1.0
The discussion of bullish positions in dollar-yen indicates a focus on the US dollar.
USDDKK
I 1.0 • C 1.0
The discussion of bullish positions in dollar-yen indicates a focus on the US dollar.
USDNOK
I 1.0 • C 1.0
The discussion of bullish positions in dollar-yen indicates a focus on the US dollar.
FULL
20:00–25:00
  • The Bank of Japan (B.O.J.) has struggled to stabilize the yen despite intervention efforts, highlighting the complexities and costs associated with such measures.
  • Current monetary policy in Japan is driving demand, suggesting that interventions are merely temporary pullbacks and opportunities for buyers.
  • Dollar Yen was among the first currency pairs to respond to rising inflation in the U.S. during 2021 and 2022, reflecting its sensitivity to U.S.
  • The Fed's aggressive rate hikes in June resulted in a notable increase in Dollar Yen, underscoring the influence of U.S. monetary policy on this currency pair.
  • The bullish trend in Dollar Yen is bolstered by re-accelerating inflation in the U.S, indicating market expectations for further rate hikes rather than cuts.
  • A close above 161.95 in Dollar Yen is critical, as it would signal increased buyer aggression and the potential for breakout continuation.
  • Our interpretation: The ongoing bullish trend in Dollar Yen, driven by U.S. inflation dynamics and anticipated rate hikes, may present opportunities for traders while highlighting the risks associated with intervention strategies.
INSTRUMENTS
USDJPY
I 1.0 • C 1.0
The block directly analyzes the Dollar Yen currency pair.
AUDJPY
I 1.0 • C 1.0
The block discusses the Bank of Japan's intervention efforts and their impact on the yen.
AUDUSD
I 1.0 • C 1.0
The block discusses U.S. inflation and rate hikes, which directly affect the USD.
EURJPY
I 1.0 • C 1.0
The block discusses the Bank of Japan's intervention efforts and their impact on the yen.
EURUSD
I 1.0 • C 1.0
The block discusses U.S. inflation and rate hikes, which directly affect the USD.
GBPJPY
I 1.0 • C 1.0
The block discusses the Bank of Japan's intervention efforts and their impact on the yen.
GBPUSD
I 1.0 • C 1.0
The block discusses U.S. inflation and rate hikes, which directly affect the USD.
NZDUSD
I 1.0 • C 1.0
The block discusses U.S. inflation and rate hikes, which directly affect the USD.
USDCAD
I 1.0 • C 1.0
The block discusses U.S. inflation and rate hikes, which directly affect the USD.
USDCHF
I 1.0 • C 1.0
The block discusses U.S. inflation and rate hikes, which directly affect the USD.
USDDKK
I 1.0 • C 1.0
The block discusses U.S. inflation and rate hikes, which directly affect the USD.
USDNOK
I 1.0 • C 1.0
The block discusses U.S. inflation and rate hikes, which directly affect the USD.
FULL
25:00–30:00
  • The speaker emphasizes a balanced approach around the USD, highlighting the unique role of currencies in the global financial system.
  • DXY is identified as the centerpiece of the FX market, influencing every major currency pair that includes USD.
  • The weekly chart of GBP/USD indicates bullish potential, with higher lows forming despite pullbacks, reflecting resilience among buyers.
  • In contrast, the Eurodollar chart shows a bearish outlook, having recently made a fresh low and failing to break resistance.
  • If the dollar pullback continues and establishes a lower high, it could lead to short-term bearish continuation, affecting GBP/USD dynamics.
  • Our interpretation: A sustained pullback in the USD may create opportunities for GBP strength against the dollar, especially if GBP/USD maintains support levels and breaks through resistance, while the Euro's weakness underscores the relative strength of the Pound.
INSTRUMENTS
EURUSD
I 1.0 • C 1.0
The block discusses the bearish outlook for EUR/USD.
GBPUSD
I 1.0 • C 1.0
The block directly analyzes GBP/USD and its bullish potential.
USDJPY
I 1.0 • C 1.0
The block mentions USD/JPY as a key FX pair.
AUDUSD
I 1.0 • C 1.0
The block discusses the USD's role and potential pullback.
EURCHF
I 1.0 • C 1.0
The block discusses the bearish outlook for the Euro against the USD.
EURGBP
I 1.0 • C 1.0
The block discusses the bearish outlook for the Euro against the USD. Also: The block highlights GBP/USD dynamics and potential strength.
EURJPY
I 1.0 • C 1.0
The block discusses the bearish outlook for the Euro against the USD.
EURPLN
I 1.0 • C 1.0
The block discusses the bearish outlook for the Euro against the USD.
GBPJPY
I 1.0 • C 1.0
The block highlights GBP/USD dynamics and potential strength.
NZDUSD
I 1.0 • C 1.0
The block discusses the USD's role and potential pullback.
USDCAD
I 1.0 • C 1.0
The block discusses the USD's role and potential pullback.
USDCHF
I 1.0 • C 1.0
The block discusses the USD's role and potential pullback.
FULL
30:00–35:00
  • The recent sell-off has resulted in a series of higher highs and higher lows, suggesting that this trend may continue if the higher low structure is upheld.
  • A breach of the 3325 level could indicate a shift in the current rally, potentially signaling a halt in upward momentum.
  • The speaker favors GBP/USD (cable) for USD weakness, noting its potential for bullish movement compared to other currency pairs.
  • The monthly chart for GBP/USD indicates breakout potential, with targets possibly reaching between 220 and 222 based on historical price levels.
  • The 215.83 price level for GBP/USD is significant, having acted as resistance; continued probing by sellers may lead to deeper pullbacks in this area.
  • Our interpretation: The analysis suggests that the USD's strength may be challenged if key support levels are breached, particularly in the context of GBP/USD dynamics, which could reflect broader USD liquidity and rate expectations.
INSTRUMENTS
GBPUSD
I 0.8 • C 0.9
GBP/USD is directly analyzed in the context of USD weakness.
AUDUSD
I 0.8 • C 0.9
The analysis discusses USD strength and its potential challenges.
EURGBP
I 0.8 • C 0.9
GBP/USD is highlighted as a key pair for USD weakness.
EURUSD
I 0.8 • C 0.9
EUR/USD is indirectly affected by the discussion of USD strength. Also: The analysis discusses USD strength and its potential challenges.
GBPJPY
I 0.8 • C 0.9
GBP/USD is highlighted as a key pair for USD weakness.
NZDUSD
I 0.8 • C 0.9
The analysis discusses USD strength and its potential challenges.
USDCAD
I 0.8 • C 0.9
The analysis discusses USD strength and its potential challenges.
USDCHF
I 0.8 • C 0.9
The analysis discusses USD strength and its potential challenges.
USDDKK
I 0.8 • C 0.9
The analysis discusses USD strength and its potential challenges.
USDJPY
I 0.8 • C 0.9
USD/JPY is relevant due to the broader discussion of USD strength. Also: The analysis discusses USD strength and its potential challenges.
USDNOK
I 0.8 • C 0.9
The analysis discusses USD strength and its potential challenges.
USDPLN
I 0.8 • C 0.9
The analysis discusses USD strength and its potential challenges.
FULL
35:00–40:00
  • The wicks on the price chart indicate potential changes, particularly when a breakout is followed by seller responses, suggesting capitulation.
  • The R1 level is identified around 1.15, a significant prior swing level that may provide resistance when revisited.
  • A solid level is noted around 1.1670 to 1.1669, but the distance from the R1 level indicates a need for clearer market signals.
  • The speaker prefers long positions in GBP over EUR, suggesting current market conditions favor GBP strength.
  • A break above the 70 handle is crucial for a bullish outlook, with a need for a pullback and support confirmation at that level.
  • Our interpretation: If the dollar weakens, it could lead to a stronger GBP, especially if the Fed signals a shift in rate expectations, creating favorable conditions for GBP/USD trades.
INSTRUMENTS
GBPUSD
I 1.0 • C 1.0
The block discusses GBP strength in relation to USD weakness.
AUDUSD
I 1.0 • C 1.0
The block discusses potential dollar weakness and its implications.
EURGBP
I 1.0 • C 1.0
The block indicates a preference for GBP strength over EUR.
EURUSD
I 1.0 • C 1.0
The block discusses the dollar's impact on major currency pairs including EUR/USD. Also: The block discusses potential dollar weakness and its implications.
GBPJPY
I 1.0 • C 1.0
The block suggests GBP strength which can influence GBP/JPY. Also: The block indicates a preference for GBP strength over EUR.
NZDUSD
I 1.0 • C 1.0
The block discusses potential dollar weakness and its implications.
USDCAD
I 1.0 • C 1.0
The block discusses potential dollar weakness and its implications.
USDCHF
I 1.0 • C 1.0
The block discusses potential dollar weakness and its implications.
USDDKK
I 1.0 • C 1.0
The block discusses potential dollar weakness and its implications.
USDJPY
I 1.0 • C 1.0
The block mentions USD weakness which can impact other USD pairs. Also: The block discusses potential dollar weakness and its implications.
USDNOK
I 1.0 • C 1.0
The block discusses potential dollar weakness and its implications.
USDPLN
I 1.0 • C 1.0
The block discusses potential dollar weakness and its implications.
FULL
40:00–45:00
  • The speaker identifies a resistance level at 112.75 for USD/JPY, indicating that a pullback should ideally maintain this level to signal buyer support.
  • A higher low above 112.75 would reflect buyer confidence, as traders may prefer to enter at higher prices rather than risk missing out on lower fills.
  • The formation of an evening star pattern on the 30-minute chart suggests a bearish reversal, indicating potential for a deeper pullback in USD/JPY.
  • The speaker cautions that a break below the July swing low could indicate a significant downturn in USD/JPY, prompting traders to reassess their positions.
  • Despite aggressive rate hikes by the Fed, gold maintained its value until the onset of rate cuts, which subsequently drove prices higher.
  • Currently, gold is exhibiting a bearish posture characterized by a descending triangle formation, with consistent lower highs indicating ongoing selling pressure.
  • Our interpretation: The analysis highlights the importance of monitoring key resistance levels and bearish patterns in USD/JPY and gold, as shifts in Fed policy and market sentiment could significantly impact price action in these assets.
INSTRUMENTS
USDJPY
I 1.0 • C 1.0
The block provides a detailed analysis of USD/JPY price action.
AUDJPY
I 1.0 • C 1.0
The block directly analyzes USD/JPY, indicating a strong connection to the Japanese yen.
AUDUSD
I 1.0 • C 1.0
The analysis discusses the impact of Fed rate hikes on the USD.
EURJPY
I 1.0 • C 1.0
The block directly analyzes USD/JPY, indicating a strong connection to the Japanese yen.
EURUSD
I 1.0 • C 1.0
The analysis discusses the impact of Fed rate hikes on the USD.
GBPJPY
I 1.0 • C 1.0
The block directly analyzes USD/JPY, indicating a strong connection to the Japanese yen.
GBPUSD
I 1.0 • C 1.0
The analysis discusses the impact of Fed rate hikes on the USD.
GOLD
I 1.0 • C 1.0
The block discusses gold's price action in relation to Fed rate hikes.
NZDUSD
I 1.0 • C 1.0
The analysis discusses the impact of Fed rate hikes on the USD.
USDCAD
I 1.0 • C 1.0
The analysis discusses the impact of Fed rate hikes on the USD.
USDCHF
I 1.0 • C 1.0
The analysis discusses the impact of Fed rate hikes on the USD.
USDDKK
I 1.0 • C 1.0
The analysis discusses the impact of Fed rate hikes on the USD.
FULL
45:00–50:00
  • Christopher Waller has adopted a hawkish stance on rate hikes, citing persistent inflation and indicating that the Fed will begin considering rate increases.
  • The market responded to Waller's comments with a test below the 4k level, where bulls identified value around 39.89 to 39.90, leading to a subsequent rally.
  • Sellers have entered the market at the 4100 level twice, resulting in a pullback, while the 4k level has shown strong defense so far.
  • The speaker suggests a deeper pullback to around 39.38 or 39.37 could provide better long-term positioning opportunities.
  • Current market dynamics indicate a potential washout of weak hands who entered at higher levels, suggesting a shift in sentiment.
  • Our interpretation: Waller's hawkish comments signal a tightening monetary policy environment, which may increase volatility in equities and strengthen the USD, while exerting downward pressure on commodities like gold.
INSTRUMENTS
USDJPY
I 1.0 • C 1.0
The block discusses the Fed's hawkish stance, which directly impacts USD/JPY.
EURUSD
I 0.5 • C 1.0
The hawkish Fed stance can influence the EUR/USD pair indirectly.
AUDUSD
I 1.0 • C 1.0
Waller's hawkish comments indicate a tightening monetary policy from the Fed.
GBPUSD
I 1.0 • C 1.0
Waller's hawkish comments indicate a tightening monetary policy from the Fed.
NZDUSD
I 1.0 • C 1.0
Waller's hawkish comments indicate a tightening monetary policy from the Fed.
USDCAD
I 1.0 • C 1.0
Waller's hawkish comments indicate a tightening monetary policy from the Fed.
USDCHF
I 1.0 • C 1.0
Waller's hawkish comments indicate a tightening monetary policy from the Fed.
USDDKK
I 1.0 • C 1.0
Waller's hawkish comments indicate a tightening monetary policy from the Fed.
USDNOK
I 1.0 • C 1.0
Waller's hawkish comments indicate a tightening monetary policy from the Fed.
USDPLN
I 1.0 • C 1.0
Waller's hawkish comments indicate a tightening monetary policy from the Fed.
USDSEK
I 1.0 • C 1.0
Waller's hawkish comments indicate a tightening monetary policy from the Fed.
GOLD
I 0.5 • C 1.0
The tightening monetary policy environment can exert downward pressure on gold prices.
FULL
50:00–55:00
  • The speaker suggests Bitcoin's next significant bottom may occur once MicroStrategy faces more financial pressure, particularly in Q3 or Q4 of next year.
  • Major downturns in Bitcoin's price, such as during the COVID-19 pandemic, have historically coincided with significant market events that act as bottoming catalysts.
  • Fiat currencies are becoming increasingly diluted over time, which could drive demand for real assets like Bitcoin and gold.
  • Bitcoin is currently showing signs of strength as it attempts to break above the 65K level, indicating potential bullish control in the market.
  • As Michael Saylor begins to sell off his Bitcoin holdings, the market has paradoxically started to show more strength, suggesting a shift in market dynamics.
  • Our interpretation: The ongoing dilution of fiat currencies, coupled with significant sell-offs by major holders like MicroStrategy, may create a scenario where Bitcoin experiences a bottoming event, potentially increasing its demand as a hedge against fiat currency depreciation.
INSTRUMENTS
BTCUSD
I 1.0 • C 1.0
Bitcoin is explicitly discussed as showing strength and potential bullish control.
AUDUSD
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
EURUSD
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
GBPUSD
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
NZDUSD
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
USDCAD
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
USDCHF
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
USDDKK
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
USDJPY
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
USDNOK
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
USDPLN
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
USDSEK
I 0.8 • C 0.9
The discussion on Bitcoin's strength and fiat currency dilution indicates a strong connection to USD.
FULL
55:00–60:00
block_too_short
INFO
MARKET MEDIA2026-07-14
OPEN SOURCE
CHANNELFOREX.com
GBP/USD Weakness Builds: EUR/GBP & GBP/JPY Setups to Watch
BLOCKS
00:00
1 intervals • swipe left
GBP/USD Weakness Builds: EUR/GBP & GBP/JPY Setups to Watch
FOREX.com • 2026-07-14 06:47:32 UTC
The British pound has narrowed its trading range from 1.30 to 1.38 since April, with notable price swings still occurring within this range.
FULL
00:00–05:00
  • The British pound has narrowed its trading range from 1.30 to 1.38 since April, with notable price swings still occurring within this range.
  • A bearish reversal signal has emerged with the formation of an evening star pattern, suggesting potential downward movement towards the monthly pivot point just below 1.33.
  • The upcoming US CPI data could reinforce expectations of a Federal Reserve rate hike, which may exert additional downward pressure on the pound against the dollar.
  • A potential mean reversion opportunity is indicated, as the daily RSI has been heavily oversold, suggesting a possible upward movement towards the 10 or 20 average or the monthly S1 pivot point.
  • In the GBP/JPY pair, a bearish reversal candle has formed at the monthly R2 pivot, signaling a potential retracement following a sustained uptrend.
  • Trend traders are advised to exercise caution and await confirmation of a swing high before anticipating another leg lower.
INFO
MARKET MEDIA2026-07-14
OPEN SOURCE
CHANNELFOREX.com
DXY, USD/CAD, USD/CHF, USD/JPY, Gold, Equities Weekly Technical Outlook w/ Michael Boutros:7/13/2026
BLOCKS
00:00
05:00
10:00
15:00
20:00
25:00
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10 intervals • swipe left
DXY, USD/CAD, USD/CHF, USD/JPY, Gold, Equities Weekly Technical Outlook w/ Michael Boutros:7/13/2026
FOREX.com • 2026-07-14 01:21:53 UTC
The US dollar crosses are currently in well-defined range conditions.
FULL
00:00–05:00
  • The US dollar crosses are currently in well-defined range conditions.
  • Michael Boutros identifies a key level for the DXY at 10114, which has been straddled for three weeks.
  • The recent rally in the DXY is losing momentum, unable to exceed a level of 60.
  • Key support for the DXY is at 10115, with bullish invalidation at 10142, marking the 2024 low.
  • The daily chart indicates a breach above 100.77, with major resistance identified between 101.73 and 101.92.
  • The monthly opening range is forming just above support at 100.64, which is currently the monthly range low.
FULL
05:00–10:00
  • The high day close for the year is at 101.58, with a break above 101.92 required for the DXY to resume its upward movement.
  • Focus is on the confluent uptrend support early in the week, with initial resistance at 101.21 and further resistance at 101.58.
  • A break below 100.64 would invalidate the uptrend from May, while a bearish trend would only be confirmed if the DXY falls below 100.15.
  • Upcoming CPI data on Tuesday and PPI on Wednesday are critical, especially given recent labor market data that raises inflation concerns.
  • Despite escalating conflicts, oil prices have remained stable, but any significant rise could impact inflation expectations.
  • Our interpretation: The DXY's ability to maintain its uptrend hinges on key support levels, and upcoming economic data will be pivotal in shaping market expectations around inflation and monetary policy.
INSTRUMENTS
AUDUSD
I 1.0 • C 1.0
The block discusses the DXY and its relationship with upcoming CPI and PPI data.
EURUSD
I 1.0 • C 1.0
The block discusses the DXY and its relationship with upcoming CPI and PPI data.
GBPUSD
I 1.0 • C 1.0
The block discusses the DXY and its relationship with upcoming CPI and PPI data.
NZDUSD
I 1.0 • C 1.0
The block discusses the DXY and its relationship with upcoming CPI and PPI data.
USDCAD
I 1.0 • C 1.0
The block discusses the USD's strength, which can impact the USD/CAD pair. Also: The block discusses the DXY and its relationship with upcoming CPI and PPI data.
USDCHF
I 1.0 • C 1.0
The block discusses the USD's strength, which can impact the USD/CHF pair. Also: The block discusses the DXY and its relationship with upcoming CPI and PPI data.
USDDKK
I 1.0 • C 1.0
The block discusses the DXY and its relationship with upcoming CPI and PPI data.
USDJPY
I 1.0 • C 1.0
The block discusses the USD's strength, which can impact the USD/JPY pair. Also: The block discusses the DXY and its relationship with upcoming CPI and PPI data.
USDNOK
I 1.0 • C 1.0
The block discusses the DXY and its relationship with upcoming CPI and PPI data.
USDPLN
I 1.0 • C 1.0
The block discusses the DXY and its relationship with upcoming CPI and PPI data.
USDSEK
I 1.0 • C 1.0
The block discusses the DXY and its relationship with upcoming CPI and PPI data.
FULL
10:00–15:00
  • The euro is at a critical inflection point, with key support levels at 13.55 and 13.94 remaining stable over the past three weeks, indicating a potential for price stability.
  • Resistance for the euro is identified at 1482 and 1492; a close above these levels could signal a more significant low and a potential reversal in trend.
  • Losses below the 1355 support level would open the euro to declines towards 1275 and 1228, which are significant 2023 high day closes, suggesting a bearish outlook.
  • The British pound is nearing pivotal resistance levels at 1334.60 and 1347.30, which correspond to critical Fibonacci retracement levels from the April high, indicating a potential turning point.
  • While the euro faces challenges, the British pound shows signs of recovery, suggesting a divergence in market dynamics that could impact currency valuations.
FULL
15:00–20:00
  • The British pound is trading below key resistance levels at 3460 to 3472, making rallies vulnerable while below this zone.
  • Momentum indicators for the British pound are showing resistance near the 60 level, indicating that a break above 3470 would confirm a breakout and invalidate the May downtrend.
  • The Australian dollar has been closely monitored, with a focus on the weekly chart revealing a break below uptrend support, suggesting potential inflection points around 6880 to 6876.
  • Momentum for the Australian dollar is flatlining, indicating a loss of interest in the near term, with initial resistance identified at 6942 and bearish invalidation at 7022.
  • If the British pound breaks below 3260, it would validate a resumption of the May downtrend, indicating a bearish outlook.
  • Our interpretation: The British pound's vulnerability below key resistance levels, combined with the Australian dollar's lack of momentum, may lead to increased pressure on both currencies, potentially resulting in a stronger US dollar as market participants react to shifts in monetary policy and economic data.
INSTRUMENTS
GBPUSD
I 0.9 • C 0.9
GBP/USD is directly analyzed in the context of resistance levels and market dynamics.
AUDUSD
I 0.7 • C 0.8
AUD/USD is discussed regarding its momentum and support levels.
EURGBP
I 0.8 • C 0.9
The British pound is discussed in relation to resistance levels and market pressure.
GBPJPY
I 0.8 • C 0.9
The British pound is discussed in relation to resistance levels and market pressure.
AUDJPY
I 0.6 • C 0.8
The Australian dollar is analyzed for its momentum and support levels.
EURUSD
I 0.5 • C 0.7
The US dollar is indirectly referenced as a potential beneficiary of pressure on GBP and AUD.
NZDUSD
I 0.5 • C 0.7
The US dollar is indirectly referenced as a potential beneficiary of pressure on GBP and AUD.
USDCAD
I 0.5 • C 0.7
The US dollar is indirectly referenced as a potential beneficiary of pressure on GBP and AUD.
USDCHF
I 0.5 • C 0.7
The US dollar is indirectly referenced as a potential beneficiary of pressure on GBP and AUD.
USDDKK
I 0.5 • C 0.7
The US dollar is indirectly referenced as a potential beneficiary of pressure on GBP and AUD.
USDJPY
I 0.5 • C 0.7
The US dollar is indirectly referenced as a potential beneficiary of pressure on GBP and AUD.
USDNOK
I 0.5 • C 0.7
The US dollar is indirectly referenced as a potential beneficiary of pressure on GBP and AUD.
FULL
20:00–25:00
  • The short bias for the Australian dollar is vulnerable below 68, with key resistance identified at 70 to 72.
  • An outside daily reversal was marked, suggesting a potential breakout of the candle range for guidance.
  • Initial support for the Australian dollar is at the monthly open of 69.18, with further support at 68.80 to 68.72.
  • A close below 68.80 would indicate a resumption of the downtrend, targeting 68.21 and 67.50 on the downside.
  • The Canadian dollar has been testing significant support levels around 41.37 to 41.50, which have provided support for four consecutive weeks.
  • Concerns over topside exhaustion for the Canadian dollar are noted, highlighted by a reversal candle that ended a five-week winning streak.
  • Our interpretation: The technical setup for the Australian dollar indicates a critical juncture where failure to maintain support could lead to a significant downtrend, impacting the AUD/USD exchange rate and influencing broader market sentiment towards risk assets.
INSTRUMENTS
AUDUSD
I 0.9 • C 0.9
The block directly analyzes the AUD/USD exchange rate.
USDCAD
I 0.7 • C 0.8
The block discusses the Canadian dollar's support levels, which directly impacts USD/CAD.
AUDJPY
I 0.8 • C 0.9
The block discusses the Australian dollar's technical levels and potential downtrend.
EURUSD
I 0.5 • C 0.7
The analysis of AUD and CAD impacts the USD indirectly through FX pair dynamics.
GBPUSD
I 0.5 • C 0.7
The analysis of AUD and CAD impacts the USD indirectly through FX pair dynamics.
NZDUSD
I 0.5 • C 0.7
The analysis of AUD and CAD impacts the USD indirectly through FX pair dynamics.
USDCHF
I 0.5 • C 0.7
The analysis of AUD and CAD impacts the USD indirectly through FX pair dynamics.
USDDKK
I 0.5 • C 0.7
The analysis of AUD and CAD impacts the USD indirectly through FX pair dynamics.
USDJPY
I 0.5 • C 0.7
The analysis of AUD and CAD impacts the USD indirectly through FX pair dynamics.
USDNOK
I 0.5 • C 0.7
The analysis of AUD and CAD impacts the USD indirectly through FX pair dynamics.
USDPLN
I 0.5 • C 0.7
The analysis of AUD and CAD impacts the USD indirectly through FX pair dynamics.
USDSEK
I 0.5 • C 0.7
The analysis of AUD and CAD impacts the USD indirectly through FX pair dynamics.
FULL
25:00–30:00
  • If Dollar CAD is trending higher, losses should be contained at 4083, and a breach of the monthly open is essential for testing the highs.
  • Breaking through 4197 would signal a departure from the near-term decline off the monthly high, targeting 4240 for the next upward movement.
  • The Bank of Canada is anticipated to maintain rates at 2.25%, with the accompanying commentary likely to sway market dynamics.
  • Dollar Yen has faced resistance at 6195 for five consecutive weeks, struggling to achieve a weekly close above this level.
  • A daily close above 6256 could pave the way for further gains in Dollar Yen, while a drop below 6169 may indicate a potential reversal.
  • Our interpretation: The current technical setup suggests that a sustained break above key resistance levels in both Dollar CAD and Dollar Yen could lead to significant upward momentum, while failure to maintain support may trigger a reversal in market sentiment.
INSTRUMENTS
USDCAD
I 1.0 • C 1.0
The block directly analyzes the USD/CAD pair and its resistance levels.
USDJPY
I 1.0 • C 1.0
The block discusses resistance levels for Dollar Yen, making it a key focus.
AUDJPY
I 1.0 • C 1.0
The block mentions Dollar Yen and resistance levels, indicating JPY's relevance.
AUDUSD
I 1.0 • C 1.0
The block discusses the US Dollar's performance and resistance levels.
EURJPY
I 1.0 • C 1.0
The block mentions Dollar Yen and resistance levels, indicating JPY's relevance.
EURUSD
I 1.0 • C 1.0
EUR/USD is affected by USD dynamics discussed in the block. Also: The block discusses the US Dollar's performance and resistance levels.
GBPJPY
I 1.0 • C 1.0
The block mentions Dollar Yen and resistance levels, indicating JPY's relevance.
GBPUSD
I 1.0 • C 1.0
The block discusses the US Dollar's performance and resistance levels.
NZDUSD
I 1.0 • C 1.0
The block discusses the US Dollar's performance and resistance levels.
USDCHF
I 1.0 • C 1.0
While not directly discussed, USD/CHF is influenced by USD movements. Also: The block discusses the US Dollar's performance and resistance levels.
USDDKK
I 1.0 • C 1.0
The block discusses the US Dollar's performance and resistance levels.
USDNOK
I 1.0 • C 1.0
The block discusses the US Dollar's performance and resistance levels.
FULL
30:00–35:00
  • The major resistance zone for the Swiss Franc (USD/CHF) is established at 81, a level that has been under discussion since the previous year.
  • Current momentum is at 60, indicating resistance is being tested at this level, with 61 representing the 6-1-8 extension from the climb off the 22 highs.
  • A breach above 81 is essential for a resumption in the dollar-Swiss Franc movement, with the next target set at 82, which corresponds to the 100% extension off the low.
  • The monthly opening range is clearly defined just below resistance and above uptrend support, suggesting a potential breakout scenario.
  • Initial support is located at the January high, with bullish invalidation requiring maintenance above 79.95, which marks the objective monthly range low.
  • If the slope is broken, a bearish outlook could be validated; however, confirmation would necessitate a monthly break.
FULL
35:00–40:00
  • Gold's critical support level is at 40.74; a break below this could limit rallies to the weekly open at 41.20, indicating a bearish outlook.
  • The potential for sideways action in gold persists, with inflation data and geopolitical events, such as the Iran war, likely to influence price movements.
  • For silver, a breach below the yearly low close at 57.42 would indicate a resumption of the downtrend.
  • Bitcoin's recovery appears vulnerable, with a key level at 60,037.77; falling below this could lead to a retest of lower targets.
  • Our interpretation: The current market dynamics suggest that gold and silver are at pivotal support levels, with potential geopolitical risks and inflation data influencing their price trajectories. A break in these support levels could lead to significant downward pressure on both metals, while Bitcoin's vulnerability indicates a cautious sentiment in the cryptocurrency market, potentially affecting risk appetite across asset classes.
INSTRUMENTS
GOLD
I 0.9 • C 0.9
Gold is discussed as being at a critical support level influenced by geopolitical risks.
AUDUSD
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
EURUSD
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
GBPUSD
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
NZDUSD
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
USDCAD
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
USDCHF
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
USDDKK
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
USDJPY
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
USDNOK
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
USDPLN
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
USDSEK
I 0.8 • C 0.9
The block discusses inflation data and geopolitical events affecting gold and silver prices.
FULL
40:00–45:00
  • The S&P 500 shows constructive potential above 7,120, with a targeted level from the advance off 2025 at 76,7, indicating possible inflection points.
  • The NASDAQ is experiencing tight range-bound conditions, with key support identified at 28,219 and near-term resistance at 30,406, marking the record high close.
  • The Dow has reached significant uptrend resistance at 52,951, which corresponds to a Fibonacci extension from last year's low, suggesting strong upward potential.
  • The yearly opening range breakout in the Dow has been delayed, with the next upside level projected at 53,880, indicating a potential reaction point.
  • Current market pricing anticipates a September rate hike, with CPI data expected to hold steady, which could influence market reactions.
  • Our interpretation: The upcoming CPI data and Fed Chair Warsh's disciplined approach to managing market expectations may create a cautious environment, impacting equities and influencing the USD as traders adjust their outlook for future rate hikes.
INSTRUMENTS
USDCAD
I 1.0 • C 1.0
The block discusses the USD's potential movements in relation to CPI data.
USDCHF
I 1.0 • C 1.0
The block discusses the USD's potential movements in relation to CPI data.
USDJPY
I 1.0 • C 1.0
The block discusses the USD's potential movements in relation to CPI data.
AUDUSD
I 1.0 • C 1.0
The block discusses upcoming CPI data and its potential impact on the USD.
DOWJONES
I 1.0 • C 1.0
The block discusses the Dow's potential movements in relation to market expectations.
EURUSD
I 1.0 • C 1.0
The block discusses upcoming CPI data and its potential impact on the USD.
GBPUSD
I 1.0 • C 1.0
The block discusses upcoming CPI data and its potential impact on the USD.
NASDAQ100
I 1.0 • C 1.0
The block discusses the NASDAQ's potential movements in relation to market expectations.
NZDUSD
I 1.0 • C 1.0
The block discusses upcoming CPI data and its potential impact on the USD.
SP500
I 1.0 • C 1.0
The block discusses the S&P 500's potential movements in relation to market expectations.
USDDKK
I 1.0 • C 1.0
The block discusses upcoming CPI data and its potential impact on the USD.
USDNOK
I 1.0 • C 1.0
The block discusses upcoming CPI data and its potential impact on the USD.
FULL
45:00–50:00
  • The speaker identifies 1348 and 1368 as key levels, representing the high day close from March and a 628 retracement off the high, which are critical for market analysis.
  • A breach of the 1348-1368 zone could indicate a potential trend resumption, suggesting a shift in market dynamics.
  • The speaker expresses low conviction in trading yen crosses due to the risk of intervention, preferring to rely on price action for trading decisions.
  • Discussions of coordinated intervention with the U.S. could influence trading strategies in yen crosses, adding uncertainty to market conditions.
  • Upcoming economic data releases, including CPI and PPI, are expected to impact market movements, particularly in relation to the dollar CAD trade, which may experience either an inverse or rebound scenario based on these catalysts.
  • Our interpretation: The focus on critical levels and economic data highlights the potential for significant shifts in the USD/JPY and USD/CAD pairs, with intervention risks and inflation data shaping market expectations and trading strategies.
INSTRUMENTS
USDCAD
I 0.9 • C 0.9
The block directly discusses the dollar CAD trade in relation to economic data.
USDJPY
I 0.8 • C 0.9
The block discusses trading strategies in yen crosses, indicating a focus on USD/JPY.
AUDUSD
I 0.8 • C 0.9
The block discusses the impact of upcoming CPI and PPI data on the USD.
EURUSD
I 0.8 • C 0.9
The block discusses the impact of upcoming CPI and PPI data on the USD.
GBPUSD
I 0.8 • C 0.9
The block's focus on USD can also impact GBP/USD dynamics. Also: The block discusses the impact of upcoming CPI and PPI data on the USD.
NZDUSD
I 0.8 • C 0.9
The block discusses the impact of upcoming CPI and PPI data on the USD.
USDCHF
I 0.8 • C 0.9
The block's focus on USD dynamics can extend to USD/CHF. Also: The block discusses the impact of upcoming CPI and PPI data on the USD.
USDDKK
I 0.8 • C 0.9
The block discusses the impact of upcoming CPI and PPI data on the USD.
USDNOK
I 0.8 • C 0.9
The block discusses the impact of upcoming CPI and PPI data on the USD.
USDPLN
I 0.8 • C 0.9
The block discusses the impact of upcoming CPI and PPI data on the USD.
USDSEK
I 0.8 • C 0.9
The block discusses the impact of upcoming CPI and PPI data on the USD.
AUDJPY
I 0.6 • C 0.8
The block mentions low conviction in trading yen crosses due to intervention risks.
INFO
MARKET MEDIA2026-07-13
OPEN SOURCE
CHANNELFOREX.com
USD/CAD Testing Support Ahead of BoC- US CPI on Tap | Opening Bell with Michael Boutros | 7/13/2026
BLOCKS
00:00
05:00
10:00
15:00
20:00
5 intervals • swipe left
USD/CAD Testing Support Ahead of BoC- US CPI on Tap | Opening Bell with Michael Boutros | 7/13/2026
FOREX.com • 2026-07-13 14:59:25 UTC
Michael Boutros indicates that the US Dollar (DXY) is maintaining its position above critical support at 164 to 77, which is essential for establishing the monthly opening range.
FULL
00:00–05:00
  • Michael Boutros indicates that the US Dollar (DXY) is maintaining its position above critical support at 164 to 77, which is essential for establishing the monthly opening range.
  • The upcoming Consumer Price Index (CPI) report is highlighted as a major event risk this week, with core inflation anticipated to remain at 2.9% and the headline expected to decrease from 4.2% to 3.8%.
  • Despite the escalating conflict with Iran, oil prices have not experienced a significant surge, suggesting that the market has not fully transitioned to a risk-off stance.
  • Boutros points out that the bullish outlook for the British Pound is at risk as it nears key resistance levels between 3460 and 3474, which includes the 200-day moving average.
  • The longer the DXY remains within its current range, the greater the potential for a significant breakout, with resistance at 101-192 identified as a crucial level.
  • Our interpretation: A sustained hold above the DXY support level could lead to increased bullish momentum, particularly if the CPI data aligns with expectations, potentially influencing market positioning ahead of the Bank of Canada meeting.
INSTRUMENTS
USDCAD
I 1.0 • C 1.0
The block directly analyzes the USD/CAD pair in the context of the Bank of Canada's policy decisions.
AUDUSD
I 1.0 • C 1.0
The block discusses the US Dollar's position and the upcoming CPI report, which directly relates to USD.
EURUSD
I 1.0 • C 1.0
The block discusses the US Dollar's position and the upcoming CPI report, which directly relates to USD.
GBPUSD
I 1.0 • C 1.0
The block discusses the US Dollar's position and the upcoming CPI report, which directly relates to USD.
NZDUSD
I 1.0 • C 1.0
The block discusses the US Dollar's position and the upcoming CPI report, which directly relates to USD.
USDCHF
I 1.0 • C 1.0
The block discusses the US Dollar's position and the upcoming CPI report, which directly relates to USD.
USDDKK
I 1.0 • C 1.0
The block discusses the US Dollar's position and the upcoming CPI report, which directly relates to USD.
USDJPY
I 1.0 • C 1.0
The block discusses the US Dollar's position and the upcoming CPI report, which directly relates to USD.
USDNOK
I 1.0 • C 1.0
The block discusses the US Dollar's position and the upcoming CPI report, which directly relates to USD.
USDPLN
I 1.0 • C 1.0
The block discusses the US Dollar's position and the upcoming CPI report, which directly relates to USD.
USDSEK
I 1.0 • C 1.0
The block discusses the US Dollar's position and the upcoming CPI report, which directly relates to USD.
FULL
05:00–10:00
  • The British pound is testing critical resistance levels at 3460 and 3474, with the 200-day moving average acting as a significant barrier.
  • The advance in the British pound appears vulnerable as it approaches these resistance levels, suggesting a potential downturn.
  • For the Australian dollar, a tight monthly opening range is noted, with a break below 6880 potentially validating a resumption of the downtrend.
  • The Canadian dollar is trading into uptrend support, with the necessity to maintain the May uptrend by avoiding losses below 4083 emphasized.
  • The Bank of Canada is anticipated to hold rates steady at 2.25 percent, with market focus likely on the accompanying commentary and policy report.
  • Our interpretation: The British pound's struggle at key resistance levels may lead to bearish sentiment, particularly if upcoming US economic data, including CPI, strengthens the dollar and impacts the GBP/USD exchange rate.
INSTRUMENTS
USDCAD
I 1.0 • C 1.0
The block directly analyzes the USD/CAD pair in the context of Canadian economic conditions.
AUDUSD
I 1.0 • C 1.0
The Australian dollar is mentioned in the context of its trading range, which may indirectly affect AUD/USD. Also: The block discusses US economic data, specifically CPI, which directly impacts the USD.
EURGBP
I 1.0 • C 1.0
The block highlights the British pound's resistance levels and potential downturn, indicating its relevance.
EURUSD
I 1.0 • C 1.0
The block discusses US economic data, specifically CPI, which directly impacts the USD.
GBPJPY
I 1.0 • C 1.0
The block highlights the British pound's resistance levels and potential downturn, indicating its relevance.
GBPUSD
I 1.0 • C 1.0
The block discusses the British pound's resistance levels, which directly impacts the GBP/USD exchange rate. Also: The block highlights the British pound's resistance levels and potential downturn, indicating its relevance. Also: The block discusses US economic data, specifically CPI, which directly impacts the USD.
NZDUSD
I 1.0 • C 1.0
The block discusses US economic data, specifically CPI, which directly impacts the USD.
USDCHF
I 1.0 • C 1.0
The block discusses US economic data, specifically CPI, which directly impacts the USD.
USDDKK
I 1.0 • C 1.0
The block discusses US economic data, specifically CPI, which directly impacts the USD.
USDJPY
I 1.0 • C 1.0
The Japanese yen is mentioned in the context of market movements, which may indirectly affect USD/JPY. Also: The block discusses US economic data, specifically CPI, which directly impacts the USD.
USDNOK
I 1.0 • C 1.0
The block discusses US economic data, specifically CPI, which directly impacts the USD.
USDPLN
I 1.0 • C 1.0
The block discusses US economic data, specifically CPI, which directly impacts the USD.
FULL
10:00–15:00
  • The dollar's objective monthly open is positioned at 62.56, closely aligned with the monthly range high of 62.80, marking a significant resistance level.
  • A breach above 62.56, accompanied by a daily close above this level, would confirm potential upside targets of 63.33 and 64.
  • Breaking below 61.68 would disrupt the current upward slope, although the monthly range low at 60.36 remains a critical support level.
  • The dollar-Swiss franc is currently testing a major resistance zone between 81.03 and 81.25, which is significant across all time frames.
  • A daily close above 81.25 could trigger a rally towards 82 and 82.14, while a drop below 80.41 would suggest a bearish trend for the pair.
  • Gold is facing downward pressure, with a critical level at 40.98; a break below this could lead to further declines, as it has not closed below the 40.74 to 41.12 range in the past five weeks.
  • Our interpretation: The current market dynamics suggest that the USD is at a pivotal point, with potential upside contingent on breaking key resistance levels, while gold's vulnerability below 40.98 indicates a risk of further declines, reflecting broader concerns about inflation and monetary policy implications.
INSTRUMENTS
USDCAD
I 1.0 • C 1.0
The block directly analyzes the USD/CAD pair and its resistance levels.
AUDUSD
I 1.0 • C 1.0
The USD's strength discussed in the block impacts the AUD/USD pair. Also: The block discusses the US dollar's resistance levels and potential breakout points.
EURUSD
I 1.0 • C 1.0
The USD's performance indirectly affects the EUR/USD pair. Also: The block discusses the US dollar's resistance levels and potential breakout points.
GBPUSD
I 1.0 • C 1.0
The USD's strength discussed in the block impacts the GBP/USD pair. Also: The block discusses the US dollar's resistance levels and potential breakout points.
NZDUSD
I 1.0 • C 1.0
The USD's performance can indirectly affect the NZD/USD pair. Also: The block discusses the US dollar's resistance levels and potential breakout points.
USDCHF
I 1.0 • C 1.0
The block discusses the USD's resistance levels, which also impacts USD/CHF. Also: The block discusses the US dollar's resistance levels and potential breakout points.
USDDKK
I 1.0 • C 1.0
The block's analysis of the USD's resistance levels also impacts USD/DKK. Also: The block discusses the US dollar's resistance levels and potential breakout points.
USDJPY
I 1.0 • C 1.0
The block's analysis of the USD's strength impacts the USD/JPY pair. Also: The block discusses the US dollar's resistance levels and potential breakout points.
USDNOK
I 1.0 • C 1.0
The USD's strength discussed in the block is relevant to the USD/NOK pair. Also: The block discusses the US dollar's resistance levels and potential breakout points.
USDPLN
I 1.0 • C 1.0
The block discusses the US dollar's resistance levels and potential breakout points.
USDSEK
I 1.0 • C 1.0
The USD's performance is relevant to the USD/SEK pair as discussed in the block. Also: The block discusses the US dollar's resistance levels and potential breakout points.
EURCHF
I 1.0 • C 1.0
The USD's performance can indirectly affect the EUR/CHF pair.
FULL
15:00–20:00
  • Oil is testing resistance levels at 74.45 and 73.84, with a potential topside break targeting 79.60 and 80.
  • Key pivot price lows from April and the 618 retracement of the rally off the December 2025 highs are significant in the current resistance testing.
  • The Euro Swiss currency pair is experiencing tight ranges, with initial resistance identified at 92.66, suggesting a potential breakout towards the yearly open.
  • The Euro Swiss has moved above the 2024 and 2025 lows, indicating a shift in market dynamics.
  • Our interpretation: The resistance testing in oil, along with the potential for a breakout, may lead to inflationary pressures that could influence monetary policy expectations and the strength of the USD in the foreign exchange market.
INSTRUMENTS
WTI
I 1.0 • C 1.0
The block discusses oil testing resistance levels and potential breakout targets.
AUDUSD
I 1.0 • C 1.0
The block discusses inflationary pressures that could influence monetary policy expectations.
EURUSD
I 1.0 • C 1.0
The block discusses inflationary pressures that could influence monetary policy expectations. Also: The Euro Swiss currency pair is mentioned, indicating potential market dynamics.
GBPUSD
I 1.0 • C 1.0
The block discusses inflationary pressures that could influence monetary policy expectations.
NZDUSD
I 1.0 • C 1.0
The block discusses inflationary pressures that could influence monetary policy expectations.
USDCAD
I 1.0 • C 1.0
The block discusses the Canadian Dollar's performance against the US Dollar. Also: The block mentions the Bank of Canada's policy decisions influencing the Canadian Dollar. Also: The block discusses inflationary pressures that could influence monetary policy expectations.
USDCHF
I 1.0 • C 1.0
The block discusses inflationary pressures that could influence monetary policy expectations.
USDDKK
I 1.0 • C 1.0
The block discusses inflationary pressures that could influence monetary policy expectations.
USDJPY
I 1.0 • C 1.0
The block discusses inflationary pressures that could influence monetary policy expectations.
USDNOK
I 1.0 • C 1.0
The block discusses inflationary pressures that could influence monetary policy expectations.
USDPLN
I 1.0 • C 1.0
The block discusses inflationary pressures that could influence monetary policy expectations.
USDSEK
I 1.0 • C 1.0
The block discusses inflationary pressures that could influence monetary policy expectations.
FULL
20:00–25:00
  • The speaker highlights 92.19 as a key support level, marking it as an initial range break to monitor closely.
  • The convergence of the 200-day moving average with the 25 percent parallel indicates a significant technical inflection point.
  • Maintaining a position above 91.60 is deemed essential for a constructive outlook on the Euro Swiss.
  • A bullish validation point is established at 91.61, with potential upward targets of 93 and 93.16 if the market breaks higher.
  • The upcoming inflation read is anticipated to be a major market mover for the week, influencing trading strategies.
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