Yen weakness despite... BoJ Exited negative rates regime Increasing geopolitical uncertainty Gold at historic highs of 2430 In 2022 and 2023, when the USDJPY approached the 152 price level, open/discreet intervention was in place to strengthen the Japanese Yen. However, in 2024, the USDJPY has now surged past the 152 resistance level, with the Japanese...
12th April DXY: Continue higher towards 106 resistance. Look for reaction, if reject, likely to rest at 105.80 NZDUSD: Buy 0.5950 SL 20 TP 60 (bounce off support) AUDUSD: Sell 0.6495 SL 20 TP 50 USDJPY: Sell 153.10 SL 20 TP 40 GBPUSD: Sell 1.2490 SL 20 TP 40 EURUSD: Sell 1.0650 SL 20 TP 60 USDCHF: Buy 0.9170 SL 20 TP 55 USDCAD: Buy 1.3730 SL 20 TP 50 ...
11th April DXY: Needs to stay above 105 support area, before testing higher to 105.58 NZDUSD: Sell 0.5980 SL 20 TP 40 AUDUSD: Sell 0.6545 SL 20 TP 60 USDJPY: Buy 153.35 SL 20 TP 45 (watchout for possible intervention) GBPUSD: Consolidate to break 1.25, Sell 1.2490 SL 20 TP 100 (Hesitation at 1.2450) Counter Trend Opportunity EURUSD: Rejection of 1.08,...
9th April DXY: If it breaks bullish trendline & 104 support, could trade down to 103.70 level NZDUSD: Sell 0.6030 SL 25 TO 85 (hesitation at 0.5995) AUDUSD: Buy 0.6630 SL 20 TP 75 USDJPY: Sell 151.70 SL 30 TP 75 GBPUSD: Buy 1.2680 SL 30 TP 75 EURUSD: Buy 1.0885 SL 30 TP 60 USDCHF: Stay out, in between support & resistance USDCAD: Sell 1.3605 SL 30 TP...
Week of the 8th April (H4) DXY: Consolidating, could test abit higher, (possible H&S) before trading lower to 104 round number, below that, could get to 103.70 NZDUSD: Sell 0.6030 SL 30 TP 70 AUDUSD: Buy 0.6660 SL 30 TP 80 USDJPY: Approaching 152 resistance, could scalp upward carefully!!! Sell 151.70 SL 30 TP 80 GBPUSD: Buy 1.27 SL 40 TP 95 EURUSD: Look...
April 5th DXY: Could see higher NFP, but DXY might weaken, break 104 support, trade down to 103.70 NZDUSD: Sell 0.6035 SL 20 TP 55 (DXY strength) AUDUSD: Sell 0.6605 SL 20 TP 45 (DXY strength) USDJPY: Sell 151.80 SL 25 TP 90 (DXY weakness) GBPUSD: Buy 1.2605 SL 20 TP 70 (DXY weakness) EURUSD: Buy 1.0885 SL 25 TP 55 (DXY weakness) USDCHF: Sell 0.8990 SL 30...
April 4th DXY: If breaks support area 104 and bullish trendline, could trade down to 103.70 with support at 103.40 NZDUSD: Buy 0.6060 SL 25 TP 50 AUDUSD: Sell 0.6610 SL 20 TP 50 (rejection of resistance level) USDJPY: Do nothing, Watchout for reaction at 152 GBPUSD: Buy 1.2720 SL 30 TP 80 EURUSD: Sell 1.0885 SL 30 TP 60 USDCHF: Rejection of Resistance,...
April 3rd DXY: Bouncing off 104.70 (61.8), could retest 105.10. Needs to stay above 104.60-104.50 to be bullish NZDUSD: Sell 0.5940 SL 20 TP 70 (Hesitation at 0.59: 40pip) AUDUSD: Sell 0.6505 SL 20 TP 60 (hesitation at 0.6482) USDJPY: Upside potential (brief), look out for correction to downside GBPUSD: Sell 1.2530 SL 20 TP 80 (Hesitation at 1.25)...
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 28th DXY: Approaching resistance 104.50, needs to break to reach 104.75 NZDUSD: Sell 0.5940 SL 20 TP 70 (Hesitation at 0.59) AUDUSD: Sell 0.65 SL 20 TP 55 USDJPY: Sell 151.75 SL 30 TP 65 GBPUSD: Sell 1.2575 SL 20 TP 55 EURUSD: Sell 1.0785 SL 25 TP 60 USDCHF: Buy 0.9113 SL 20 TP 50 USDCAD: Looking for reaction at 1.3620 resistance 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 27th DXY: Stay below 104.60 to maintain within the range, could retest 104 round number (38.2%). Some weakness coming back in NZDUSD: Buy 0.6013 SL 15 TP 45 AUDUSD: Test and reject 38.2%, Sell 0.6550 SL 20 TP 40 or Sell 0.65 SL 20 TP 55 USDJPY: Sell 151.45 SL 20 TP 60 GBPUSD: Climb to 1.27, look for reaction at resistance level. EURUSD: Break...
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 26th DXY: Wait for retracement to complete, rebound needs to break above 104.25 to retest 104.50. NZDUSD: Sell 0.6000 SL 20 TP 45 AUDUSD: Sell 0.65 SL 20 TP 55 (possible head and shoulder pattern) USDJPY: Position for intervention, Sell 150.35 SL 30 TP 115 GBPUSD: Test and reject of resistance, Sell 1.2685 SL 30 TP 100 EURUSD: Buy 1.0880 SL 20 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.
Week of the 25th March (H4) DXY: Stay above 104, maintain its bullish move, to retest 105 resistance NZDUSD: Sell 0.5940 SL 30 TP 65 AUDUSD: Buy 0.6480 SL 35 TP 140 USDJPY: Consolidate, looking for breakout to downside, Sell 150.20 SL 60 TP 160 GBPUSD: Looking for reaction at support 1.25 Breaks, Sell 1.2480 SL 40 TP 120 Bounce, Buy 1.2550 SL 40 TP...
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 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...