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JinDao_Tai
Jan 31, 2024 9:03 AM

Discussion of Levels before the FOMC  

U.S. Dollar Currency IndexTVC

Description

January 31st

DXY: (Fed Decision) Stay below 103.80 could trade down to 102.70 support.

NZDUSD: Buy 0.6150 SL 15 TP 40 (DXY weakness)
AUDUSD: Sell 0.6585 SL 15 TP 60 (DXY strength)

USDJPY: Sell 147.10 SL 30 TP 200 (Hesitation at 146.45)

GBPUSD: Buy 1.2715 SL 20 TP 60 (DXY weakness)
EURUSD: Sell 1.0790 SL 15 TP 45 (2nd setup) Sell 1.0730 SL 20 TP 70

USDCHF: Consolidation, possible straddle
Buy 0.8655 SL 20 TP 55
Sell 0.8600 SL 15 TP 40
USDCAD: Sell 1.3400 SL 20 TP 50

Gold: Break above 2040 trade up to 2055 (Conflict escalation & DXY weakness)
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