March 22nd DXY: Continuation of the upside, retest 104.60 resistance level. NZDUSD: Sell 0.6000 SL 20 TP 45 AUDUSD: Sell 0.6495 SL 20 TP 50 USDJPY: Stay away for now GBPUSD: Sell 1.2585 SL 30 TP 65 EURUSD: Sell 1.0785 SL 20 TP 60 USDCHF: Look for reaction at resistance 0.9050 USDCAD: Look for reversal at resistance, Sell 1.3605 SL 20 TP 60 Gold: Could...
I host daily Pre-London live forex market analysis sessions to guide and educate you through the daily process of trading. I look at the major currency pairs and Gold. I will also analyze other pairs or instruments based on request from the audience.
March 21st DXY: Consolidate along 103.25 (61.8%), could test 103 support, depending on BOE, could rebound to 103.60. NZDUSD: Sell 0.6095 SL 20 TP 45 AUDUSD: Buy 0.6660 SL 20 TP 60 USDJPY: Sell 150.40 SL 50 TP 160 GBPUSD: Sell 1.2780 SL 25 TP 70 (Dovish BoE) EURUSD: Sell 1.0920 SL 25 TP 80 USDCHF: Do nothing for now USDCAD: Buy 1.3480 SL 20 TP 60 Gold:...
I host daily Pre-London live forex market analysis sessions to guide and educate you through the daily process of trading. I look at the major currency pairs and Gold. I will also analyze other pairs or instruments based on request from the audience.
March 20th (FOMC in Mind) DXY: Consolidate along 103.80, could break lower briefly, overall trade higher to 104.50 resistance. NZDUSD: Buy 0.6060 SL 25 TP 65 (Counter Trend) AUDUSD: Sell 0.6500 SL 20 TP 55 USDJPY: Sell 150.55 SL 40 TP 180 GBPUSD: Straddle Buy 1.2740 SL 25 TP 75 or Sell 1.2690 SL 30 TP 90 EURUSD: Test and reject 38.2%, Sell 1.0870 SL 20 TP 65...
Since Feburary 2024, BTCUSD has surged to reach an all-time high of 74,000. However, after reaching the level, the cryptocurrency has reversed by 18%, down to 61,000. If the price breaks below the 38.2% Fibonacci retracement level, anticipate downside to the 61.8% retracement level. However, if that happens, the 52,000 level could be a good support level for...
Yesterday, the Bank of Japan (BoJ) released its decision to end eight years of negative interest rates, adjusting the short-term policy rate to around 0.00% to 0.10%. Although an interest rate hike is supposed to lead to the currency strengthening, the Yen weakened following the release of the news, with the USDJPY climbing higher from 149.40 toward the...
I host daily Pre-London live forex market analysis sessions to guide and educate you through the daily process of trading. I look at the major currency pairs and Gold. I will also analyze other pairs or instruments based on request from the audience.
March 19th DXY: Consolidate along 103.80, with continuation to upside to 104.30 NZDUSD: Buy 0.6065 SL 20 TP 60 (Counter Trend) AUDUSD: Sell 0.6535 SL 20 TP 55 USDJPY: Complete retracement, Break above resistance, Buy 150.95 SL 30 TP 90 GBPUSD: Sell 1.2685 SL 30 TP 80 EURUSD: Sell 1.0860 SL 20 TP 50 USDCHF: Buy 0.8905 SL 20 TP 55 USDCAD: Test and bounce off...
I host daily Pre-London live forex market analysis sessions to guide and educate you through the daily process of trading. I look at the major currency pairs and Gold. I will also analyze other pairs or instruments based on request from the audience.
Week of the 18th March (H4) DXY: Stay below 50% (103.70) to maintain bearish view, could trade down to 102.40 support NZDUSD: Buy 0.61 SL 30 TP 100 AUDUSD: Buy 0.6580 SL 40 TP 80 (Tuesday: RBA Decision) USDJPY: Riskier: Sell 148.50 SL 80 TP 200 (Tuesday: BOJ Policy Decision) GBPUSD: Buy 1.2760 SL 50 TP 100 (Thursday:BOE Voting) EURUSD: Sell 1.0860 SL 30 TP 60...
I host daily Pre-London live forex market analysis sessions to guide and educate you through the daily process of trading. I look at the major currency pairs and Gold. I will also analyze other pairs or instruments based on request from the audience.
March 8th Non Farm Employment Change Scenarios DXY: Look for reaction at 103 resistance level. Strong NFP (>250k) : DXY break through and climb to 103.70 Weak NFP (<140k): DXY reject and drop to 201.10 NZDUSD: Sell 0.6155 SL 30 TP 80 (DXY strength) AUDUSD: Buy 0.6655 SL 25 TP 70 (DXY weakness) USDJPY: Sell 147.50 SL 40 TP 145 (DXY weakness) GBPUSD: Sell...
I host daily Pre-London live forex market analysis sessions to guide and educate you through the daily process of trading. I look at the major currency pairs and Gold. I will also analyze other pairs or instruments based on request from the audience.
March 7th DXY: Stay below 103.40, to show downside to 103 support. Could bounce from support level NZDUSD: Sell 0.6155 SL 20 TP 80 (Hesitation at 0.6110) AUDUSD: Wait and see reaction at 0.6610. Breakout, Buy 0.6625 SL 20 TP 80 Rejection, Sell 0.66 SL 25 TP 70 USDJPY: Looking for reaction at 147.70, breaks support, Sell 147.60 SL 30 TP 90 GBPUSD: Sell...
I host daily Pre-London live forex market analysis sessions to guide and educate you through the daily process of trading. I look at the major currency pairs and Gold. I will also analyze other pairs or instruments based on request from the audience.
March 6th DXY: Test 103.40, look for possible bounce, to range between 103.70 and 104.20 NZDUSD: Sell 0.61 SL 20 TP 50 AUDUSD: Buy 0.6540 SL 20 TP 50 USDJPY: Buy 148.90 SL 30 TP 65 (Bounce off support) GBPUSD: Buy 1.2720 SL 30 TP 50 EURUSD: Sell 1.0870 SL 20 TP 75 USDCHF: Do Nothing USDCAD: Sell on rejection, 1.3610 SL 15 TP 65 Gold: Stay above 2110...
I host daily Pre-London live forex market analysis sessions to guide and educate you through the daily process of trading. I look at the major currency pairs and Gold. I will also analyze other pairs or instruments based on request from the audience.