JeffersonTrades

JeffersonTrades

GBP/JPY has been been on a bullish recovery since the 27th of September, for the most part of this week we have been in a range, a break above the 158.00 price level. A break below the 153.00 level will indicate a bearish continuation with further confluence.

JeffersonTrades

US100 Is currently at 11099.2 which served as a level of support for the June 16 rally. Considering the fair value gap, we are most likely to see a rally till at least 12800.2, we may see a few corrections along the way but with proper risk management, we can ride the trend safely.

JeffersonTrades

Dxy is looking bearish with current short formed pattern, we may see price fall to 110.520 which served as a level of resistance and recent support.

JeffersonTrades

We are currently seeing strong momentum to the upside on XAU/USD and we are likely to see more buyers in the market till at least level 720.00, note must be taken of major resistance levels and psychological areas for possible correction.

JeffersonTrades

The dollar index has been bullish since since the first January 2021 from the monthly perspective, after testing the 89.161 support. Price is currently approaching the 120.000 psychological level which served as a major supply and all time high January 2002

JeffersonTrades

Waiting for break below structure on the 45 min to take a short term sell on USD/CAD following bullish divergence and a short formed M pattern

JeffersonTrades

We are currently seeing NZDCHF at a major support level created on the mid of March this year, we may see a break below for a downward continuation of a break above for a bullish continuation.

JeffersonTrades

XAU/USD is currently on a strong bearish trend which has lasted since April this year, a strong break above 1686.88 may signal a bullish correction.

JeffersonTrades

The dollar index is currently in a distribution phase and I'm currently waiting for a break below level 112.913 which happens to be the most recent support, a strong break below that level will lead to a bearish market till at least point 110.520

JeffersonTrades

We are currently seeing gold on a major weekly support, I'm keeping an eye on the major key levels for price reaction to determine price direction.

JeffersonTrades

USD/CAD has been in an upward trend since the 24th of May, We can see a bread out of the ascending channel on the weekly, we are most likely to see a continuous rally to point X(1.36426). A strong break below level Y(1.30000) will indicate a fall in price to at least 1.26000

JeffersonTrades

XAU/USD has been on a strong downtrend since the 12th August(38 days now) and a break above 1680.000 would indicate an upward reversal

JeffersonTrades

USD/CAD has been bullish for the past 8 days and we are currently seeing weakness in price. Waiting for a break above or below level X or Y to determine future price direction.

JeffersonTrades

Currently waiting for either a break below range or a rally to supply zone X before a downward correction.

JeffersonTrades

TAKING A SHORT TERM SELL ON USD/CAD there's news at 12;30 PM so it's best to remain conservative.

JeffersonTrades

Dxy is currently in an uptrend and we are likely to see a corrective wave before either and upward continuation or a change in trend

JeffersonTrades

I'm currently holding a neutral view of USD/CAD till the market gives a clear directional confirmation. What are your thoughts?

JeffersonTrades

Currently waiting for the close of the next Dxy candle close to determine future price direction