22nd January 2025 DXY: consolidating between 108 and 108.20, below 107.80 could trade down to 107 support level. (price should stay below 108.50) NZDUSD: Buy 0.57 SL 20 TP 80 (hesitation at 0.5750) AUDUSD: Look for retracement and reaction at 0.6300 GBPUSD: Sell 1.229 SL 40 TP 120 (hesitation at 1.2230) EURUSD: Buy 1.0480 SL 40 TP 120 (hesitation at...
21st January 2025 DXY: If the price stays below 108.80, could see it trade lower to 107.80 (50% retracement) NZDUSD: Looking for retrace to 0.5690 and reaction to 0.57 round number. AUDUSD: Sell 0.6190 SL 20 TP 55 GBPUSD: Buy 1.2350 SL 50 TP 120 EURUSD: Could retrace higher, looking for reaction at 1.0460 USDJPY: Sell 156.20 SL 50 TP 100 EURJPY: Buy 161.20...
20th January 2025 DXY: Currently below 109.40, break above, could trade up to 110 (previous swing high), beyond that, strong resistance at 111 NZDUSD: Sell 0.5575 SL 25 TP 60 AUDUSD: Sell 0.6170 SL 15 TP 40 GBPUSD: Sell 1.2150 SL 15 TP 40 EURUSD: Sell 1.0310 SL 30 TP 110 USDJPY: Buy 156.70 SL 40 TP 120 EURJPY: Sell 161.10 SL 40 TP 120 GBPJPY: Looking for...
15th January 2025 DXY: Consolidating below 109.40, price stays below 109.40, could trade down to 108.75 (bottom of the channel and 61.8%) NZDUSD: Sell 0.5580 SL 20 TP 40 AUDUSD: Buy 0.6210 SL 20 TP 40 (IHS) GBPUSD: Sell 1.2140 SL 30 TP 80 (watch out at 1.2110) EURUSD: Sell 1.03 SL 40 TP 110 USDJPY: Sell 156.95 SL 30 TP 80 EURJPY: Sell 161.25 SL 35 TP...
14th January 2025 DXY: Test support of 109.40, if below 109.30 can trade down to 108.75 NZDUSD: Sell 0.5580 SL 20 TP 40 AUDUSD: Sell 0.6190 SL 20 TP 60 GBPUSD: Sell 1.2180 SL 25 TP 75 or Sell 1.23 SL 30 TP 100 EURUSD: Sell 1.0315 SL 30 TP 120 USDJPY: Sell 156.90 SL 30 TP 80 EURJPY: Buy 162.00 SL 40 TP 80 GBPJPY: Sell 191.80 SL 50 TP 150 USDCHF: Buy...
The possibility of EUR/USD reaching parity remains a realistic scenario under current macroeconomic and geopolitical conditions. 1. Diverging Monetary Policies In light of Tump 2.0 and the potential impact of increasing inflation due to the introduction of tariffs, the Federal Reserve is seen to be backing down on its path to keep cutting rates. On the...
10th January 2025 (Pre NFP) DXY: Consolidating below 109.40 strong nfp: break 109.40 trade up to 110 weak nfp; needs to break 108.80, to trade down to bottom of channel at 108.40 NZDUSD: Sell 0.5570 SL 30 TP 60 (DXY strength) AUDUSD: Look for reaction at 0.62 support area, Sell 0.6255 SL 20 TP 50 (rejection of trendline) GBPUSD: Sell 1.2250 SL 30 TP 60 (DXY...
9th January 2025 DXY: Consolidate between 109 and 109.40, could breakout to 110 NZDUSD: Sell 0.5575 SL 30 TP 60 AUDUSD: Look for reaction at 0.62, Buy 0.6220 SL 25 TP 50 or Sell 0.6175 SL 20 TP 60 GBPUSD: Sell 1.2260 SL 20 TP 70 EURUSD: Sell 1.0270 SL 25 TP 60 USDJPY: Watching that 158 resistance level EURJPY: Sell 162.40 SL 50 TP 80 GBPJPY: Sell 193.30 SL...
8th January 2025 DXY: Consolidating just below 50% (108.70), stronger ADP, DXY break higher, to 109.20 NZDUSD: Sell 0.5620 SL 20 TP 30 AUDUSD: Look for reaction at 0.62 strong round number support GBPUSD: Sell 1.2450 SL 25 TP 80 EURUSD: Sell 1.0320 SL 30 TP 60 USDJPY: Watching that 158 resistance level EURJPY: Sell 162.95 SL 30 TP 60 GBPJPY: Sell 196.50 SL...
7th January 2025 DXY: For further downside to 107 support level, needs to break 38.2% and bottom of channel (107.80) or bounce off bottom of channel NZDUSD: Retracing, look for rejection at 0.57 or 0.5760 AUDUSD: Test and reject trendline, Sell 0.6280 SL 30 TP 60 GBPUSD: Break above 1.26 round number, Buy 1.2620 SL 30 TP 100 EURUSD: Buy 1.0440 SL 30 TP...
NVIDIA’s stock is down approximately 8.5% overnight, reflecting a classic dynamic of “buy the rumor, sell the news” following CEO Jensen Huang’s keynote at CES 2025. While showcasing a range of innovative advancements, the keynote failed to meet elevated market expectations, particularly with no mention of the next-generation Rubin GPU architecture expected to...
After BTCUSD reached its All Time High (ATH) of 108,451 on Dec 17th, it dropped strongly to the support area of 91,600. In the first week of the year, BTCUSD has bounced off the support to trade up to the 101,900 area again. Which coincides with the 61.8% Fibonacci retracement level. At this point, the TSRI MACD is indicating the potential for a crossover to the...
6th January 2025 DXY: Consolidating along 108.90, could test 108.50 (61.8%) before trading higher again to 109 round number (below 108.50 could test bottom of channel) NZDUSD: Sell 0.5575 SL 30 TP 60 AUDUSD: Sell 0.6265 SL 30 TP 60 GBPUSD: Wait for reaction at 1.25 round number resistance level EURUSD: Look for rejection of 1.04, Sell 1.0315 SL 30 TP...
The U.S. Dollar Index (DXY), which measures the dollar's value against a basket of major currencies, has shown notable strength in the last quarter of 2024. This trend is influenced by several key factors: 1) Federal Reserve Policy and Inflation Concerns The Federal Reserve's renewed cautious approach to interest rate cuts has been pivotal in supporting the...
12th November DXY: Could consolidate/retrace slightly, but for continuation higher to 106.10, beyond that, could retest resistance of 106.45 NZDUSD: Sell 0.5950 SL 20 TP 40 AUDUSD: Sell 0.65 SL 25 TP 100 GBPUSD: Sell 1.2785 SL 30 TP 100 EURUSD: Sell 1.0590 SL 40 TP 140 USDJPY: Buy 154.90 SL 35 TP 110 USDCHF: Buy 0.8845 SL 30 TP 75 USDCAD: Buy 1.40 SL 40...
11th November DXY: Consolidating along 105, look for break out above 105.15 to reach high of 105.45 NZDUSD: Sell 0.5955 SL 20 TP 40 AUDUSD: Sell 0.6565 SL 25 TP 50 GBPUSD: Sell 1.2830 SL 30 TP 80 EURUSD: Sell 1.0660 SL 25 TP 50 USDJPY: Buy 153.80 SL 40 TP 80 USDCHF: Buy 0.8790 SL 25 TP 80 USDCAD: Do Nothing Gold: Could range between 2660 and 2644
6th November President Trump!!! DXY: Further strength expected to 105.45, could retrace briefly, needs to stay above 104.80. (beyond 105.45 could reach 106) NZDUSD: Sell 0.5935 SL 20 TP 75 (hesitation at 0.5895) AUDUSD: Sell 0.6560 SL 25 TP 80 GBPUSD: Sell 1.2810 SL 30 TP 60 EURUSD: Sell 1.0765 SL 25 TP 90 USDJPY: Buy 154.40 SL 45 TP 90 USDCHF: Buy 0.8710...
5th November US Presidential Election DXY: Could retest 103.50 area, and rebound up to cover gap and up to 104.30 (if price breaks 103.40 could trade down to 102.90) NZDUSD: Sell 0.6040 SL 20 TP 80 AUDUSD: Sell 0.6635 SL 20 TP 60 (trend following) Counter trend opp: Buy 0.6670 SL 30 TP 90 GBPUSD: Sell 1.2980 SL 40 TP 130 EURUSD: Buy 1.0930 SL 30 TP...