M
Uche Daberechi Marvelous
@marvelous_treasure
Last seen:
2 weeks ago
A Dietitian-nutritionist who reads the charts and blow candles.
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1. Market bias: Slightly bullish for the U.S. dollar today.
2. EUR/USD: Bearish; selling rallies is the preferred strategy.
3. GBP/USD: Bearish momentum remains, with more downside possible.
4. USD/JPY: Bullish overall but expect high volatility due to yen-related developments.
5. Gold (XAU/USD): Neutral to bullish, awaiting a confirmed breakout.
6. Key drivers: U.S. economic data, central bank comments, and Japan-related headlines.
7. Best setups: Look for short opportunities on EUR/USD and GBP/USD, while waiting for confirmation before trading USD/JPY or Gold.
I couldn't see the comment before it that's why I said that. I think the admins should communicate the problem to the devs
For the crypto traders on this thread...
Do you think this clarity act news is helping trump cash out in the background?
Are there financial biases to the US- Iran war? Like they're holding out for financial benefits?
Last week's Forex market favored the U.S. dollar after the Federal Reserve maintained a hawkish stance, while the Japanese yen remained highly volatile following coordinated intervention by Japanese authorities. Gold weakened slightly as traders shifted toward the stronger dollar.
This week, traders will focus on key U.S. economic data, especially Friday's Non-Farm Payrolls (NFP) report. A strong jobs report could strengthen the dollar further and weigh on EUR/USD, GBP/USD, and gold, while a weaker report may trigger a dollar pullback and support risk assets. Expect increased volatility, particularly in USD/JPY, as markets react to both economic data and intervention concerns.
It's a brand new month and a brand new day today. What are you doing?
By the way, I know y'all missed me but are scared to admit it but that's fine😌.
Let's get in!
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