Is the bottom in for EURUSD, or will we see parity in Q1? Get the key levels to watch this week in today’s video, and the latest on the DXY.
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#forex #eurusd #dxy #eurusdanalysisthisweek #dxyanalysis
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Great content, as always! A bit off-topic, but I wanted to ask: I have a SafePal wallet with USDT, and I have the seed phrase. (wonder obey dial dash soon tank spike scout region undo zero such). Could you explain how to move them to Binance?
I have been in trading industry since 2006 , Justin analysis of the market from technical perspective is topnotch, I really doff my heart for you. In this anslysis , he explains the critical levels that must hold or get broken before taking an informed decision. In fact , great is my respect for you my noble colleague
Usually mondays price action dictates the rest of the week
Candlestick pattern shows reversal , at least for now
Your dxy chart looks like an amateur spider web
Indicative of a bottom? Yeah , I think so. Actually, longer term charts (yearly candlesticks) suggest EURUSD might go towards the other channel boundary and that could take it around 2 years. So, to me DXY is going to be in a downtrend and could even drop below 100 level. Also gold is in the middle of a longer channel and suggest uptrend continuation . 2025 won’t be the year for dollar bulls, imho. But we will see how January closes, if it is up on EURUSD, then EURUSD’s next major top will be at 1,3300
Appreciate your Analysis, thank you!