JinDao_Tai

JinDao_Tai

28th May DXY: consolidating at support 104.50, look for bounce higher, towards 104.90 or resistance (confirmation if price breaks 104.60) NZDUSD: Buy 0.6140 SL 15 TP 35 AUDUSD: Sell 0.6645 SL 20 TP 50 USDJPY: Buy 157.30 SL 30 TP 65 GBPUSD: Reject resistance Sell 1.2790 SL 25 TP 90 (Hesitation at 1.2750) EURUSD: Sell 1.0885 SL 20 TP 40 USDCHF: Sell...

JinDao_Tai

27th May DXY: Consolidating along 104.70 level, could retrace to 104.90 (50% retracement level), looking to continue lower to support 104.50 NZDUSD: Buy 0.6150 SL 25 TP 65 AUDUSD: Buy 0.6666 SL 20 TP 60 USDJPY: Buy 157.30 SL 30 TP 65 GBPUSD: Break previous high, Buy 1.2765 SL 20 TP 50 or double top Sell 1.2745 SL 20 TP 60 EURUSD: Sell 1.0850 SL 15 TP 45...

JinDao_Tai

24th May DXY: Consolidating around 105, break 105.10 to trade up to 105.50 (needs to stay above 104.80 to remain bullish) NZDUSD: Sell 0.6070 SL 20 TP 75 AUDUSD: Sell 0.6610 SL 20 TP 50 USDJPY: Buy 156.95 SL 25 TP 70-100 GBPUSD: Sell 1.2685 SL 30 TP 40 EURUSD: Buy 1.0830 SL 30 TP 60 USDCHF: Sell 0.9125 SL 30 TP 50 USDCAD: Wait for now Gold: Wait...

JinDao_Tai

It feels like a very long time since we saw BTCUSD down at the 57k support level. Now with the BTCUSD likely to continue ranging between 57k and 74k, buying at value seems to be the most appropriate approach. Anticipation is that it will be a matter of time before the price eventually breaks out of the range to reach 92k (which coincides with the 100% Fibonacci...

JinDao_Tai

23rd May DXY: Needs to break 105 resistance, to trade up to 105.50 NZDUSD: Sell 0.6065 SL 30 TP 70 AUDUSD: Sell 0.6610 SL 20 TP 50 USDJPY: Buy 157 SL 30 TP 95 GBPUSD: Likely to stay just above 1.27, Sell 1.2690 SL 25 TP 85 EURUSD: Sell 1.0790 SL 20 TP 60 USDCHF: Buy 0.9165 SL 25 TP 60 USDCAD: Buy 1.3710 SL 25 TP 50 Gold: Below 2350 could trade down to 2330

JinDao_Tai

21st May DXY: Needs to break 104.40 could trade down to 104 round number support NZDUSD: Buy 0.6145 SL 20 TP 70 (RBNZ rate decision tomorrow) AUDUSD: Buy 0.6675 SL 25 TP 50 USDJPY: Sell 155.75 SL 30 TP 100 (Hesitation at 155.30) GBPUSD: On CPI release, Sell 1.2695 SL 20 TP 45 EURUSD: Buy 1.09 SL 35 TP 70 USDCHF: Sell 0.9080 SL 20 TP 40 USDCAD: Test and...

JinDao_Tai

17th May DXY: May be done with retracement, needs to break 104.40 to confirm. Below 104.40 could trade down to 104 round number support NZDUSD: Buy 0.6145 SL 20 TP 70 ("might close" at 0.6180) AUDUSD: Could range between 0.6655 and 0.6685, Buy 0.6690 SL 15 TP 35 USDJPY: Buy 156.15 SL 30 TP 80 GBPUSD: Sell 1.2640 SL 15 TP 65 EURUSD: Sell 1.0850 SL 25 TP 50...

JinDao_Tai

16th May DXY: Retracing, needs to stay below 104.50. If support 103.990 broken, could trade down to 103.40 NZDUSD: Buy 0.6145 SL 20 TP 70 (Hesitation at 0.6180) AUDUSD: Sell 0.6710 SL 25 TP 50 USDJPY: Sell 153.55 SL 35 TP 75 GBPUSD: Sell 1.2655 SL 30 TP 80 (DXY recovery) EURUSD: Buy 1.09 SL 30 TP 70 (DXY weakness) Sell 1.0850 SL 30 TP 60 (DXY recovery)...

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...