Price should max out around the 1.6310s area since that has been a very strong resistance level for weeks now..

Let's just hope it does 💰

Market Wrap 📉

“Today’s main market moves”.

Japanese Yen / Swiss Franc 🇯🇵🇨🇭

The Safe Haven Yen & CHF Remain in high demand today as global stock markets and commodity prices continue to fall over concerns about the spread of the virus across China.

Important note to take, that the Yen and Swiss Franc are only strengthening due to the risk off tone in markets. Should the virus be contained, sharp reversals would be expected and present some great buying opportunities.

AUD & NZD Analysis 🇦🇺 🇳🇿

The Antipodean Dollars remain under pressure as the China virus concerns hangs over the two economies. Australia and New Zealand’s dependance on export sales to China means any economic slowdown in China will hit both economies hard. Hence the selling pressure seen against both currencies in today’s markets.

NOK & CAD 🇨🇦 🇳🇴

Both commodity currencies remain under pressure as Oil markets continue to slide on Demand concerns, as China’s economy may take a hit due to many cities being under such down to contain the virus.

With China being the worlds biggest Oil importer, markets are pricing in the concern of Oil demand falling, effecting the value of the Canadian and Norwegian Kroner.

SIGNAL 📶: BUY EURJPY

ENTRY: 120.04

SL: 119.70 (30 PIPS)

TP 1: 120.44 (40 PIPS)

TP 2: 120.84 (80 PIPS)

Still around our SL point.

I'm holding patiently. 💰💰

Current trades:

CADJPY
EURAUD
EURJPY
GBPAUD

I will update as price develops! Until then, continue to hold.

SIGNAL 📶: EURUSD BUY LIMIT

ENTRY: 1.1006

SL: 1.0976 (30 PIPS)

TP: 1.1076 (70 PIPS)

🔔 Wyckoff Accumulation Schematic in USDJPY - 15M

Check it out. 🤟

Japanese Yen Analysis🇯🇵

The Yen remains in demand as risk off sentiment dominates the global markets.

Infaltionary Score 15 out of 160

Currency Outlook - Weak

Interest Rate Policy - Accomodative

Markets directionless now 😴

Moving sideways for most of European morning

Trade active 🔥

Stopped out at breakeven 😌

This is some perfect trade.
TP 1 HITS 40+ PIPS ☑️

Move SL to breakeven 😌

Seems like we're perfectly stacked for Brexit here. 💰

SL hit 🚫
But I went back in again.. 😌

I'm holding this pair till it chokes 😂

Current trades:

CADJPY
EURAUD
EURUSD
GBPAUD

I will update as price develops! Until then, continue to hold.

Hope you all bagged this 100+ PIPS movement. TP 2 got HIT 🎯
I'm re-entering as soon as the pull back is done.

Good work traders 💰

Account type = Dollar ($)
Interest/Profit = $362.80
Account growth = 100.7%
Daily profit = $62
Daily interest rate = 26%
Number of trades = 135
Canceled = 1
Filled = 134
Account Duration = 21st January - 28th January

All thanks to the high market volatility 💰

Caution: Don't try this at home!😂
THIS IS MAINLY FOR MOTIVATIONAL PURPOSES 🎯

"Gold Prices Fall as Risk Appetite Rebounds From China Virus Shock"

https://www.investing.com/news/commodities-news/gold-prices-fall-as-risk-appetite-rebounds-from-china-virus-shock-2069557

Back in 🎯

TP 1 HITS 20+ PIPS ☑️. This trade wasn't easy. Had a little drawdown and price consolidation in our stop Loss area. But I'm glad we made it.

Good work traders 💰💰