The US Dollar put in a massive move last week as rate cut bets got pushed into 2025, leading to strong breakouts in the USD and USD/JPY, along with EUR/USD finally pulling back from the 1.1200 level that it couldn’t break through in September.
In the webinar, I looked at strategy around the USD via EUR/USD, USD/JPY, AUD/USD and GBP/USD, with each section time stamped below.
For Gold, a pullback showed up right around the time of the webinar and I’m still tracking the 2600 level for support potential. I also looked at stocks, as S&P 500 Futures remain very near the resistance that’s stalled the move so far and, interestingly, rate cut expectations getting pushed into 2025 haven’t seemed to take much effect here; not yet at least. Nasdaq futures still lag behind both the S&P 500 and Dow.
The article reference in the video:
Time Stamps:
00:00 – Introduction
02:05 – US Dollar
11:57 – EUR/USD
21:12 – AUD/USD
23:27 – GBP/USD
25:00 – USD/JPY
37:55 – Gold, XAU/USD 2600 Pullback
42:20 – S&P 500 Futures
48:36 – Nasdaq Futures
50:37 – Dow Futures
To see prior webinars, the link below will take you there: Price Action Webinar Archive Playlist-
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Like always great analysis, although i wish i could tell if i could either buy or sell USDJPY cause i think this pair is becoming a bit tricky to trade