TradeWithTheTrend3344

TradeWithTheTrend3344

Hello, OANDA:AUDJPY is likely to continue its upward movement toward the 1-year pivot point (1Y PP) in the near future. As long as the price stays above the 1-month pivot point (1M PP), further gains can be anticipated. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344

TradeWithTheTrend3344

Hello, FX:USDCAD : The Canadian dollar slightly rose against the U.S. dollar, with bond yields reaching multi-month highs, partly recovering from recent declines due to U.S. trade tariff threats. The loonie traded at 1.4405 to the U.S. dollar, recovering from a near 5-year low in December. Concerns about potential U.S. tariffs and their impact on the Bank of...

TradeWithTheTrend3344

Hello, OANDA:NZDUSD : Business confidence in New Zealand improved in the fourth quarter, reaching its highest level since Q2 2021, according to a private think tank on Tuesday. The NZIER's quarterly survey showed that a net 16% of firms expect better business conditions, compared to just 1% expressing pessimism in the previous quarter. This suggests we may see...

TradeWithTheTrend3344

Hello, OANDA:AUDUSD shows a slight recovery from multi-year lows, with AUD market expectations of a rate cut by the central bank. The Aussie experiences some relief, but risks remain skewed to the downside as key US inflation reports approach. Further downside is anticipated towards the strong monthly support at 0.600436. No Nonsense. Just Really Good...

TradeWithTheTrend3344

Hello, FX:USDCHF has experienced further upside, but downside is still expected. CHF maintains a stable monetary policy with a favorable risk stance, though economic data is mixed. Despite this, its safe haven status is influenced by regional factors, with a shift into bearish territory anticipated soon. No Nonsense. Just Really Good Market Insights. Leave...

TradeWithTheTrend3344

Hello, GBPUSD sees more downside as the dollar stays strong as doubts about fed rate cuts grow so the UK struggles to find a way out of the market slump that it is currently in.Early gains of +0.15% were seen as the USD came under pressure late in NY, following a +0.05% close. Trump advisors considering gradual tariff hikes led to USD selling in late NY. A survey...

TradeWithTheTrend3344

Hello, FX:USDJPY will see downside as Japanese economic data remain positive, with recovery ongoing. The BOJ's outlook appears accurate, as the economy continues to progress steadily. Although uncertainties persist, they are unlikely to prevent the BOJ from raising rates in the future. The current account surplus is now Y3.3525 trillion, with a Y2.6911...

TradeWithTheTrend3344

Hello, EUR/USD appears to have found support at the new 1-year low of 1.017715, rebounding slightly after hitting a fresh 26-month low near its 21-day lower Bollinger Band. The pair is expected to edge closer to parity (1:1) as long as France-German yield spreads continue to widen and Eurozone fundamentals remain weak. A lack of countertrend buyers is limiting...

TradeWithTheTrend3344

Hello, OANDA:XAGUSD appears poised for a bearish move. The dollar index recently reached a two-year high following the U.S. jobs report, which reinforced the Federal Reserve’s cautious stance on policy easing this year amid concerns about inflation linked to potential import tariffs under Trump. A stronger dollar makes greenback-priced bullion more costly for...

TradeWithTheTrend3344

Hello, OANDA:XAUUSD is expected to face initial downside pressure, with the first key level to test being the 1-month pivot point (PP) at 2644.402. If the price establishes itself below this level, it may then target the 3-month low at 2536.855, followed by the 6-month low at 2353.13. Each confirmed breach of these levels could signal further downside...

TradeWithTheTrend3344

Hello, OANDA:EURGBP is set for an upward move! As long as the 1M PP holds as support, further gains are highly likely! No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344

TradeWithTheTrend3344

Hello, FX:EURAUD market remains highly confident that the current short-term bearish downturn will soon shift to a bullish trend. At present, market sentiment is neutral. The next key factor to watch is whether the 1M PP acts as support or resistance, which will help determine the next direction the price will take. No Nonsense. Just Really Good Market...

TradeWithTheTrend3344

Hello, If the 1M PP holds as support here, we can expect further upside. The current expectation is that this will happen. In the long term, the market sentiment still strongly favors a bearish continuation, while the short term leans more towards bullish momentum. It's important to remember that the price recently hit a one-year low at 0.92042. So, despite...

TradeWithTheTrend3344

Hello, BLACKBULL:WTI is positioned for potential further upside! Sellers seem confident that the current move is the extent of it and expect a downturn from here. However, the short-term trend remains bullish, while the long-term outlook is neutral to slightly bearish. Market sentiment currently favors a continuation of the bullish trend. The 1M PP has acted...

TradeWithTheTrend3344

Hello, BLACKBULL:BRENT is on track to test the 1Y PP, currently approaching its 1-month high of 76.736, which is a solid starting point. Key resistance levels to watch are the 1D at 76.89655 and the 1M at 77.0536. If the price breaks through and holds above 77.0536, we could see further upside towards the 1Y PP, potentially reaching 87.761! No Nonsense....

TradeWithTheTrend3344

Hello, FX:GER30 appears poised for further downside, with the next likely target being the 1-year pivot point (1Y PP). No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344

TradeWithTheTrend3344

Hello, CAPITALCOM:UK100 is showing a bullish trend, and it is anticipated to continue its upward movement. As long as the price stays above the 1M pivot point (PP), further gains are expected. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344

TradeWithTheTrend3344

Hello, PEPPERSTONE:AUS200 has successfully overcome a significant hurdle, closing above the 1M pivot point. If the price sustains this level comfortably, further upside is likely. Key resistance levels to monitor include 8452.154 and 8310.892 for the 1M timeframe, and 8826.902, 8498.266, and 8388.7207 for the 1Y timeframe. While the previous scenario for...