ForexJohn
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GBP/USD LONG 16/01
#GBP/USD# GU has been rejecting the downside and two daily candles have printed bullish at this significant zone. Highly oversold due to dollar strength. USD has peaked at 110 and started to retrace, will likely continue bearish up until Trump inauguration. Gu making higher highs and l
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Forex Today: Dollar takes a breather ahead of US PPI data, Fedspeak
Here is what you need to know on Tuesday, January 14: Following a mixed close on Wall Street overnight, markets witnessed a sluggish performance in Asian indices as Japanese markets reopened on a negative note. However, risk sentiment shifted in favor of optimists after Chinese stocks rebounded the
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XAU/USD 13-17 January 2025 Weekly Analysis
#XAU/USD# Weekly Analysis: Swing Structure -> Bullish. Internal Structure -> Bullish. Analysis/Bias remains the same as analysis dated 01 December 2024. Price Action Analysis: In my analysis dated 27 October 2024, it was noted that the first sign of a pullback would be a bearish
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BoJ is said to still be mulling the rate decision for January – Bloomberg
Citing people familiar with the Bank of Japan’s (BoJ) thinking, Bloomberg reported on Friday that the Japanese central bank is still considering the interest rate decision for its January monetary policy review. Additional takeaways Officials still carefully assessing data ahead of the January meeti
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US President-elect Trump considering economic emergency declaration to allow for new tariff program – CNN
US President-elect Donald Trump is considering declaring a national economic emergency to allow for a new tariff program, CNN reported, citing four sources familiar with the matter on Wednesday. "The declaration would allow Trump to construct a new tariff program by using the International Economic
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The US economic calendar features the November JOLTS report and the December services ISM
Markets Trump’s (trade) policy ruffled markets yesterday, underscoring the importance of politics under a second term of the former POTUS. The Washington Post citing three people familiar with the matter ran an article saying Trump’s aides are exploring tariff plans that would be applied to every co
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Gold 4 hour chart Long 05 January target 460 pips
#XAU/USD# After seeing a fake breakout to 2593 gold reversed and held to 2622 which is thenreal level of support. Based on weekly and daily trend lines and key support areas my plan for the coming few days is to monitor at market open and go into a sell expecting a drop to 2618/17 befo
Pull-up Update
