My trading journey with FXOpen

[radex78]

Tariff uncertainty may still weigh on investor confidence in the USD, although the DXY rose yesterday, it is still below the 20 EMA, demand for safe haven currencies may continue.

 

[radex78]

BTCUSD eventually broke $110k, rising high now reaching $115k, Fear and greed index rising to 58 indicating more market confidence

 

[radex78]

The pound sterling has weakened since the beginning of July, and is expected to continue its decline as the UK economy disappoints.

 

[radex78]

GBPUSD is near its historical support zone on the daily timeframe; the pair rose yesterday. Try a pending order near the middle band on the M15 timeframe for short-term trading with a stop-loss just below the lower band.

 

[radex78]

GBPUSD rose yesterday as USD weakened. Today trying pending orders near 1.39 support, awaiting a rebound amid higher UK inflation triggering uncertainty over easing

 

[radex78]

Today, the ECB is expected to maintain interest rates at 2.15%. EURUSD rose yesterday. If the ECB finally maintains interest rates, it may support the Euro. Wait for a rebound with pending orders.

 

[radex78]

Today, I'm using the Camarilla Channel for my trading plan on the M15 timeframe for the GBPUSD pair, amidst a strengthening USD.

 

[radex78]

USDJPY is moving flat, consolidating after Friday's plunge. The BB squeeze reflects low volatility. USDJPY is expected to remain rangebound today.

 

[radex78]

USDJPY tends to be flat, with range movements often used for range trading to find support positions to buy.

 

[radex78]

USD/JPY fell yesterday, but it is expected to strengthen due to market expectations of a Fed rate hike. The JPY may weaken as the BoJ continues to maintain its ultra-loose monetary policy. USD/JPY is now near the lower band, with the decline starting to fade.