James Stanley
01 Jan 2020 Joined
United States 
07 Aug BirthStrategist
@DailyFX
risk disclaimer: http://dailyfx.com/risk-warning
BTC/USD
I think this is going to remain on the move. $35,000 support has held for now, but prices are testing a big zone of prior resistance (same that held the high on Tuesday morning). Breakdown/out levels in purple below.
USD
USD trying to put a breakout ahead of the close, technically just sets a fresh three-week-high. Not sure if it will have the push to get up there, but the next resistance level I am looking for is 91 in DXY.
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BTC/USD
Bitcoin got that $40,000 temporarily. Pullback is starting to look more like reversal. But, support showing up around prior resistance - $35,000.
Gold
Been one of your 'catch your breath' type of weeks in Gold following last week's bearish engulf. But, a box has been built with support and resistance and levels rather than clear for an eventual break.
USD
USD held trendline support despite yesterday's stern test through Powell's comments (which were dovish. Also held through Biden's comments. Now DXY is testing the resistance side of the symmetrical wedge - couple of high impact data releases due out.
USD/JPY
(Retweet from Warren Venketas): The Japanese Yen has pulled back this week's lost gains against U.S. Dollar but will Bank of Japan's announcement in focus, how will the markets react? Find out more here.
USD
USD back down to trendline support...held through Powell's comments earlier. But can it hold above 90 DXY on Biden's comments?
More on USD
The USD continues to grasp for support on longer-term charts following an aggressive sell-off that's remained since the U.S. election. Get your USD/JPY update from @JStanleyFX here.
USD
USD builds for break as EUR/USD falls below key support. Read more here.
USD
USD bounce has continued after this week's opening gap was filled. DXY is back above 90.49 level. Next big possible level of possible resistance on my chart is 91.
BTC/USD
BTC/USD trying to build a base. Symmetrical wedge formed over the past couple of days. Levels from this week's gold forecast. Read more here.
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Pull-up Update
