JinDao_Tai

JinDao_Tai

15th May - CPI news release DXY: Likely to consolidate at support area 105 Higher CPI >3.7, DXY trade higher, to 105.50 (confirmation at 105.20) Lower CPI <3.2, DXY trade down to 104.55 NZDUSD: Sell 0.6070 SL 20 TP 40 (DXY strength) AUDUSD: Buy 0.6666 SL 20 TP 60 (DXY strength) USDJPY: Look for reaction at 155.50 Buy 155.85 SL 30 TP 110 Sell 155.30 SL 40...

JinDao_Tai

14th May DXY: Consolidating could retest 105.50 NZDUSD: Buy 0.6045 SL 15 TP 35 AUDUSD: Waiting, looking for a reaction at 0.6660 USDJPY: Buy 156.60 SL 20 TP 40 GBPUSD: Sell 1.2530 SL 20 TP 60 (hesitation at 1.25) EURUSD: Sell 1.0785 SL 20 TP 60 (hesitation at 1.0765) USDCHF: Ranging between 0.9055 and 0.9095 USDCAD: Wait to see reaction at 1.37 Gold:...

JinDao_Tai

13th May DXY: Consolidating could retest 105.50, needs to stay below 105.80. NZDUSD: Trade lower, bounce off level, Buy 0.5990 SL 20 TP 45 (wide range) AUDUSD: No H1 setup, looking for a reaction at 0.6660 USDJPY: Sell 155.50 SL 40 TP 80 GBPUSD: Buy 1.2530 SL 25 TP 60 EURUSD: Look for reaction at 1.08; could Buy/Sell SL 20 TP 60 USDCHF: Look for reaction...

JinDao_Tai

10th May DXY: Consolidating, look to retest 105.50, then trade lower to 105 round number support. NZDUSD: Sell 0.5975 SL 15 TP 40 (Possible double top) AUDUSD: Waiting, looking for a reaction at 0.6660 USDJPY: Test and reject 156 (breakout of bullish channel) Sell 155.80 SL 40 TP 130 GBPUSD: Buy 1.2550 SL 25 TP 55 EURUSD: Sell 1.0790 SL 20 TP...

JinDao_Tai

9th May DXY:Look to break out of consolidation, push up higher to 105.80 (61.8%), could retest trendline, rise to 106.10 NZDUSD: Sell 0.5975 SL 20 TP 40 AUDUSD: Buy 0.6595 SL 30 TP 60 (dxy weakens) USDJPY: Buy 156.25 SL 30 TP 70 GBPUSD: Buy 1.2475 SL 20 TP 60 EURUSD: Sell 1.0720 SL 20 TP 40 USDCHF: Buy 0.91 SL 20 TP 40 (break out of consolidation) USDCAD:...

JinDao_Tai

8th May DXY: At 105.50 and push up higher to 105.80 (61.8%), beyond that, 106.10 NZDUSD: Sell 0.5975 SL 15 TP 35 AUDUSD: Sell 0.6565 SL 20 TP 40 USDJPY: Looking for a reaction at 156 sound number resistance GBPUSD: Buy 1.2475 SL 20 TP 60 EURUSD: Sell 1.0720 SL 20 TP 40 USDCHF: Test and reject resistance, Sell 0.9135 SL 20 TP 40 USDCAD: Sell 1.3770 SL 20...

JinDao_Tai

7th May DXY: Needs to stay below 105.50 to remain bearish, range between 105 and 105.30, break 105 support to head down to 104.55. NZDUSD: Buy 0.6025 SL 30 TP 50 AUDUSD: Sell 0.6570 SL 20 TO 45 USDJPY: Sell 153.80 SL 60 TP 170 GBPUSD: Sell 1.2530 SL 20 TP 60 EURUSD: Buy 1.0740 SL 20 TP 60 USDCHF: Could range between 0.90 and 0.9055 USDCAD: Sell 1.3685 SL...

JinDao_Tai

6th May DXY: Currently consolidating slightly above 105, needs to break 105 support to head down to 104.60. NZDUSD: Buy 0.6025 SL 25 TP 50 AUDUSD: Buy 0.6670 SL 20 TP 55 USDJPY: Test and reject, Sell 154 SL 30 TP 200 GBPUSD: Buy 1.2643 SL 20 TP 60 EURUSD: Buy 1.0805 SL 25 TP 65 USDCHF: Buy 0.9025 SL 30 TP 115 (confirmation for big upside is above...

JinDao_Tai

2nd May DXY: Consolidate along 105.50, Look for price to break 105.50, trade down to 105.30. NZDUSD: Buy 0.5960 SL 20 TP 50 AUDUSD: Buy 0.6590 SL 25 TP 65 USDJPY: Sell 154.80 SL 50 TP 180 GBPUSD: Buy 1.2570 SL 40 TP 80 EURUSD: Watch the resistance level Buy 1.0750 SL 30 TP 70 or Sell 1.0715 SL 30 TP 65 USDCHF: Sell 0.9130 SL 20 TP 75 USDCAD: At the support...

JinDao_Tai

With the price having broken down from the 200-day Moving Average (200MA) and the Relative Strength Index (RSI) turning down from the overbought level, the price action on Bitcoin is signaling increasing strength for a possible reversal. However, to continue trading significantly lower, BTCUSD would have to break through the price area of 51,000 and 56,000. And...

JinDao_Tai

30th April DXY: Further upside to 106 area, needs to break 106.10 to climb to 106.40 NZDUSD: Sell 0.5925 SL 20 TP 60 (Hesitation at 0.59) AUDUSD: Buy 0.6550 SL 20 TP 65 USDJPY: Chill for now, Sell 154.80 SL 30 TP 110 GBPUSD: Buy 1.2575 SL 20 TP 70 EURUSD: Sell 1.0710 SL 20 TP 45 USDCHF: Climb to 0.9150 and possibly consolidate USDCAD: Buy 1.3720 SL 20 TP...

JinDao_Tai

29th April DXY: Break below 105.50 could trade down to 105.30 level NZDUSD: Buy 0.5960 SL 20 TP 45 AUDUSD: Buy 0.6560 SL 20 TP 60 USDJPY: Sell 154.75 SL 30 TP 105 GBPUSD: Buy 1.2560 SL 40 TP 85 EURUSD: Sell 1.07 SL 30 TP 90 (could consolidated along resistance level for now) USDCHF: Sell 0.9090 SL 15 TP 35 USDCAD: Look for reaction at 1.3610 Gold:...

JinDao_Tai

26th April DXY: Consolidate along 105.60, could retest 106, but likely to range between 105.60 and 106 NZDUSD: Sell 0.5945 SL 20 TP 40 AUDUSD: Buy 0.6550 SL 30 TP 60 USDJPY: Watch for 157, could scalp up to 158 Sell Stop in place, in case of intervention GBPUSD: Sell 1.2520 SL 30 TP 90 EURUSD: Buy 1.0760 SL 40 TP 100 (hesitation at 1.0815) USDCHF: Sell...

JinDao_Tai

Since January 2023, the USDJPY has been on an astronomic rise, driven by the significant divergence between FOMC and BoJ monetary policies. The initial market expectation was for the BoJ to intervene when the USDJPY approaches the 155 price level. Today the Yen has come under fresh selling pressure, as the BoJ kept rates on hold, taking the USDJPY above...

JinDao_Tai

25th April DXY: Needs to stay below 105.90, look to break 105.60 to trade down to 105.20 NZDUSD: Sell 0.5935 SL 20 TP 40 AUDUSD: Buy 0.6540 SL 20 TP 75 USDJPY: BOJ MEETING TOMORROW Sell Order 155.20 SL 20 TP 145 GBPUSD: Look for reaction at 1.2540, Buy 1.2560 SL 30 TP 75 EURUSD: Sell 1.0715 SL 20 TP 85 USDCHF: Sell 0.9115 SL 20 TP 50 USDCAD: Sell 1.3655...

JinDao_Tai

24th April DXY: Bounced off 105.60 (61.8%), look to retest 106 round number. Beyond 106, likely to range between 106 and 106.40 NZDUSD: Sell 0.5925 SL 20 TP 60 AUDUSD: Buy 0.6540 SL 25 TP 75 USDJPY: Wait to see price break above 155, Sell Order 154 SL 20 TP 60 GBPUSD: Sell 1.2420 SL 40 TP 110 (Hesitation at 1.2370) EURUSD: Sell 1.0675 SL 20 TP 65 ...

JinDao_Tai

23rd April DXY: Likely to range between 106 and 106.40, needs to stay above 105.80 NZDUSD: Sell 0.5895 SL 15 TP 30 AUDUSD: Buy 0.6465 SL 25 TP 70 (Aud CPI Tmr) USDJPY: Sell Order 154.70 SL SL 20 TP 80 (wait for price to break above 154.85 before setting order) GBPUSD: Sell 1.2370 SL 20 TP 60 EURUSD: Look for reaction along 1.0760, rejection, Sell 1.0715 SL...

JinDao_Tai

Week of the 22nd April (H4) DXY: Consolidate along 106 level, look for breakout above 106.50 to get to 107.15 resistance level. NZDUSD: Sell 0.5865 SL 25 TP 60 AUDUSD: Sell 0.6440 SL 30 TP 90 USDJPY: Sell 153.60 SL 35 TP 160 (possible intervention / BoJ adjustment to rates) GBPUSD: look for reaction at 1.2340, Sell 1.2310 SL 40 TP 120 EURUSD: Sell...