JinDao_Tai

JinDao_Tai

20th September DXY: Currently at 100.60 consolidating , should trade lower, to 100.20 and could test 100 round number level. NZDUSD: Buy 0.6260 SL 20 TP 70 AUDUSD: Buy 0.6840 SL 20 TP 50 GBPUSD: Buy 1.3320 SL 25 TP 115 EURUSD: Sell 1.1190 SL 20 TP 40 USDJPY: Sell 143.30 SL 40 TP 100 USDCHF: Sell 0.8430 SL 20 TP 40 USDCAD: Sell 1.3585 SL 25 TP 50 Gold:...

JinDao_Tai

19th September DXY: Currently at 100.60, could bounce to retest bearish trendline. If 100.60 broken, could test 100 round number. NZDUSD: Could trade higher, look for reaction at 0.63 resistance, Buy 0.6255 SL 20 TP 40 AUDUSD: Buy 0.6780 SL 30 TP 70 GBPUSD: Sell 1.3250 SL 30 TP 90 (BoE Rates Decision pending) EURUSD: Sell 1.1130 SL 25 TP 50 USDJPY: Sell 142...

JinDao_Tai

18th September DXY: Consolidate around 100.90, (if 50bps cut) needs to break 100.60 to trade down to 100 round number support. (if 25bps cut) bounce from 100.60 to bearish trendline NZDUSD: Buy 0.6220 SL 25 TP 75 (DXY weakness) AUDUSD: Buy 0.6780 SL 20 TP 70 (DXY weakness) GBPUSD: Look for test and reject of resistance area, Sell 1.32 SL 30 TP 80 (DXY...

JinDao_Tai

17th September DXY: Ranging between 100.60 and 100.90 NZDUSD: Buy 0.6220 SL 25 TP 50 (Hesitation at 0.6245) AUDUSD: Buy 0.6740 SL 20 TP 40 GBPUSD: Look for test and reject of resistance area, Sell 1.32 SL 30 TP 80 (COUNTER TREND) EURUSD: Buy 1.1145 SL 20 TP 55 USDJPY: (IHS) Buy 141.55 SL 60 TP 180 Trend Following: Sell 140.10 SL 30 TP 70 USDCHF: Sell...

JinDao_Tai

16th September DXY: Look to trade slightly lower to 100.55 support, should stay below 101 to maintain bearish NZDUSD: Sell 0.6150 SL 15 TP 75 (Hesitation at 0.6110) AUDUSD: Sell 0.67 SL 30 TP 60 GBPUSD: Buy 1.32 SL 20 TP 60 EURUSD: Buy 1.1145 SL 20 TP 55 USDJPY: Sell 139 SL 50 TP 100 USDCHF: Sell 0.8430 SL 40 TP 80 (Hesitation at 0.84) USDCAD: Sell...

JinDao_Tai

12th September (ECB Rates Pending) DXY: Climbing towards 102 resistance, could push higher if EUR weakens, needs to break 102.20 for further upside to 102.70 NZDUSD: Sell 0.6135 SL 20 TP 60 (Hesitation at 0.6110) AUDUSD: Sell 0.6685 SL 20 TP 60 GBPUSD: Sell 1.3030 SL 25 TP 60 EURUSD: Rates decision pending, straddle opportunity, Sell 1.0985 SL 20 TP 45...

JinDao_Tai

11th September DXY: Consolidating, should stay below 101.50, CPI Pending, break below trendline to trade down to 100.85, key support at 100.55 NZDUSD: Buy 0.6175 SL 20 TP 60 AUDUSD: Buy 0.6690 SL 30 TP 60 GBPUSD: Sell 1.3115 SL 20 TP 65 or Sell 1.3030 SL 20 TP 60 EURUSD: Could retrace to trendline and reject, Sell 1.1075 SL 20 TP 60 USDJPY: Sell 140.70...

JinDao_Tai

10th September DXY: Consolidate along 101.60, could push higher to test 102 round number resistance. NZDUSD: Sell 0.6125 SL 20 TP 40 AUDUSD: Sell 0.6645 SL 30 TP 60 GBPUSD: Buy 1.3140 SL 20 TP 60 EURUSD: Looking for a retest of 1.10 support level USDJPY: Buy 144.25 SL 30 TP 90 USDCHF: Buy 0.8510 SL 20 TP 50 USDCAD: Sell 1.3545 SL 20 TP 60 Gold: Break...

JinDao_Tai

9th September DXY: Currently at 101.50, just below bearish trendline. If trendline broken and above 101.60, could trade up to resistance of 102 NZDUSD: Sell 0.6125 SL 20 TP 40 AUDUSD: Sell 0.6650 SL 20 TP 60 GBPUSD: Watch for break of 1.31 and reaction at support level of 1.3045 EURUSD: Sell 1.1035 SL 15 TP 45 USDJPY: Sell 143.30 SL 50 TP 120 USDCHF:...

JinDao_Tai

6th September DXY: Currently just below 100.90, could consolidate/retrace briefly, looking downside to 100.55 support level (NFP Pending), could bounce from support NZDUSD: Buy 0.6245 SL 20 TP 50 (DXY Weakness) AUDUSD: Buy 0.6755 SL 25 TP 65 (DXY Weakness) GBPUSD: Sell 1.3170 SL 30 TP 80 (DXY Strength) EURUSD: Buy 1.1145 SL 20 TP 60 (DXY Weakness) USDJPY:...

JinDao_Tai

5th September DXY: Currently at 101.25, needs to break 50% retracement level, to trade down to 100.90 (ADP Pending) NZDUSD: Sell 0.6165 SL 20 TP 60 (if DXY recovery) AUDUSD: Sell 0.6685 SL 20 TP 45 (if DXY recovery) GBPUSD: Sell 1.3080 SL 25 TP 100 EURUSD: Buy 1.1105 SL 20 TP 55 USDJPY: Sell 143.20 SL 40 TP 120 USDCHF: Sell 0.8450 SL 20 TP 40 USDCAD:...

JinDao_Tai

4th September DXY: Still in consolidation. Looking for downside, needs to break 101.50 (23.6%), could trade down to 101.15 NZDUSD: Sell 0.6165 SL 20 TP 60 AUDUSD: Buy 0.6750 SL 20 TP 70 GBPUSD: Buy 1.3160 SL 30 TP 60 EURUSD: Buy 1.1080 SL 25 TP 65 USDJPY: Sell 144.70 SL 40 TP 110 USDCHF: Sell 0.8450 SL 20 TP 40 USDCAD: Sell 1.3580 SL 30 TP 60 Gold:...

JinDao_Tai

3rd September DXY: Still in consolidation. Watch the resistance at 102 round number. Looking for downside, needs to break 101.50 (23.6%), could trade down to 101.15 NZDUSD: Sell 0.6205 SL 20 TP 60 AUDUSD: Retracing, could retest 0.68 resistance level GBPUSD: Buy 1.3170 SL 40 TP 90 EURUSD: Look for reaction at 1.10 round number support level USDJPY: Sell...

JinDao_Tai

2nd September DXY: Within the bullish channel, (upside) could trade up to 102 resistance, needs to break 101.80. Downside only if price breaks below 101.50 (23.6%) NZDUSD: look for reaction at 0.6220, Sell 0.62 SL 25 TP 60 AUDUSD: Buy 0.6810 SL 20 TP 40 GBPUSD: Sell 1.31 SL 40 TP 65 EURUSD: Look for reaction at 1.10 round number support level USDJPY: Look...

JinDao_Tai

29th August DXY: Could trade higher, needs to break above 101.20 (61.8%) to retest of 101.60 NZDUSD: Retracing down, look for reaction at 0.6220, Buy 0.6235 SL 25 TP 60 AUDUSD: Buy 0.6815 SL 20 TP 40 GBPUSD: Could trade up to 1.33, look for reaction at the strong resistance level. EURUSD: Sell 1.1085 SL 40 TP 85 USDJPY: Sell 144.80 SL 40 TP 140 USDCHF:...

JinDao_Tai

28th August DXY: Trading along 100.80, could trade lower to 100.55. If support level not broken, could range between 100.55 and 100.90 NZDUSD: Buy 0.6290 SL 20 T 70 AUDUSD: Looking for a break of resistance, Buy 0.6810 SL 20 TP 40 GBPUSD: Could trade up to 1.33, look for reaction at the strong resistance level. EURUSD: Could range between 1.1160 and 1.12 ...

JinDao_Tai

ETHUSD has been trading within the range of 2526 to 2826 since early August. Currently, as BTCUSD spiked lower, it seems to have dragged ETHUSD down with it. (also likely due to the current recovery in strength on the DXY) Similiar to the BTCUSD, there could be a brief consolidation/retracement on ETHUSD before a continuation lower to the 2300 price...

JinDao_Tai

BTCUSD has quickly reversed from the 65,000 resistance area, which was tested on Monday this week. This move lower is not due to any major news but likely due to technical levels and its correlation with the DXY. A recovery in strength on the DXY traditionally leads to downward pressure on risk assets like cryptocurrencies. Today, the reversal broke through...