THE-real-Deal

THE-real-Deal Updated 

Technically speaking 155-156 area acted as a critical support for a movement towards 160 last week. testing 156 and loosing momentum was the name of the game for UJ at this current moment. there were rumors of BOJ being the one selling UJ from 160 area and this has reduced bulls confidence. if 156 proves to be stiff , there might be U turn from here towards 152...

THE-real-Deal Updated 

EUR JPY Visiting a support line that frist created in FEB 1984 but soon turned into resistance and now we are back at it again in 2024. ECB is trying to hint market on late rate cut but the key factor is the JXY movement. price action showing a break of 161 level. solid break above this level will result in a hike towards 174 area. there will be many inner channel...

THE-real-Deal Updated 

GBP AUD has been trading a range since SEP 2023. it attempted to break below 1.89 and failed same as attempting to break above 1.94. as neutral as it is we will most likely visit the bottom end of the range at 1.89 level before the price makes a decision.

THE-real-Deal Updated 

Before starting 2024 market was on a brief expectation of JXY coming back to life and JPY pairs were trading south but things changed entering 2024. GBP JPY showing way more bullish activity than expected above 187.5 area. continuing to get supported and this will result in a hike. final destination is set to be 220 but there are many inner channel resistance...

THE-real-Deal Updated 

US DOLLAR keeps hiking amid fed rate cut alerts due to inflation gifted by war in general in different places on earth. Looking at price action and dollar is warming up for the jump. the only way to reverse this is for inflation to stop hiking and dollar will face south again. prediction of this matter is quite tough and best policy is to keep going with the...

THE-real-Deal Updated 

GBP USD sliding down with a trend line intact for now. Expecting USD to rise due to FED being unable to cut rates. This is still a high possibility . A strong rise above the trend line could trigger a break upwards and if not, GBP USD is continuing towards 1.2 area.

THE-real-Deal Updated 

EUR USD has had a long journey travelling between 1.05 and 1.1. At the time writing this , ongoing war between Russia and Ukraine is escalating benefiting Russian side. This has created a condition in witch euro currency is under immense pressure and on the other hand we have a dollar with high CPI readings and a FED unable to cut rates as they promised. This...

THE-real-Deal Updated 

USD JPY failed to test 137.5 support after 2023 and entering 2024 it quickly came back to test its resistance at 152. this shows things have changed from what we were expecting in 2023 and its changing quickly. will 152 break? price is moving quickly towards it and we might see small draw backs but good readings on US economic data just fueled the movement....

THE-real-Deal Updated 

Technically speaking USD has been ranging from 100 to 105 for a long time. it had an up break twice but got rejected. This time is different and that is due to the break not getting rejected. Market move showing a big bull run incoming targeting 110 area. Expecting FED to keep rates steady due to GREEN CPI readings making them kind of unable to do so. The only way...

THE-real-Deal Updated 

Purely technically speaking USD MXN got rejected quickly from 16-17 canal and is finding good support on 17. big possibility for a bull run from this area to 18 level or even higher in a long run. this is canceled if it manages to break below 17 once more. US FED interest rate session will create volatility ahead and a good chance for a hike.

THE-real-Deal Updated 

GBP USD failing to break bullish in the few past runs and gets rejected every time as demonstrated in the chart. 1.28 proved to be stiff specially with DXY running good on CPI readings. Failing to run bullish will result in a fall TP 1.25

THE-real-Deal Updated 

As we can clearly see in RSI and MACD we are rapidly loosing buy force and we are closing out on a time frame were we should break out for SHORT. 1.26-1.265 used to be heavy support line during past few weeks but thanks to a GOOD GREEN NONE FARM PAYROLLS we broke it and last week we came back to test it but could not break it meaning market turned support into...

THE-real-Deal Updated 

AUD USD rapidly loosing momentum when she needed it the most. failing to claim 0.675 and AUD USD will fall. New CPI readings on DXY was a game changer. middle run TP 0.65

THE-real-Deal Updated 

GBP JPY closing the gap with 190. breaking 190 will result in a hike. BOJ is expected to normalize policy by MARCH or APRIL but most likely APRIL. in that case there is a 5 to 6 weeks time window to hike. the real targe is 200. 14th of FEB GBP GREEN CPI could strengthen THE GBP INDEX. For now JPY index is visiting very important bottoms while USD JPY broke her...

THE-real-Deal Updated 

First of all this is a long term view of the market and requires patience to deliver ! Currently we are facing a situation that war with Russia is escalating and this weighs heavy on EUR index. Britain used to be a part of Europe but BREXIT made it clear they want to stay out of it for now but this will not disconnect them from consequences of war effects in...

THE-real-Deal Updated 

EURO zone has been struggling with financial situation after the world financial crisis but currently its moving towards another crisis gifted BY RUSSIA ! GDP readings are not doing well and they are talking of rate cuts but we all know effects of war will not allow inflation to decrease unless we see real signs of peace with RUSSIA. IF world inflation insists and...

THE-real-Deal Updated 

Last time USD JPY touched 150 before 2022 was 1998 and in 2024 we are back at it! This is very much backed up by BOJ keeping Interest rate at sub zero level ( negative ) and forcing inflation in JAPAN due to heavy deflation caused by wrong BOJ policy before. BOJ was talking about if wages grow and inflation comes from demand not hiking price energy, they will...

THE-real-Deal Updated 

IF we all recall the FED session right before 2024 and how they hinted market on upcoming low inflation in 2024 and just less than 24 hours RUSSIA replied with attack on UKRAINE in big scale . this event took place at the same time that DXY was visiting 100 followed by FED interview. Against all odds DXY got heavily supported and HIKED again ! AT the time market...