Trading Room

Weekly Forex Analysis Feb 27 – Mar 3 – Uncertainty in Japan With The New Governor of BOJ

February 27, 2023 | 4:55 pm | The 5%ers' Blog > Trading Room
February 27, 2023 | 4:55 pm
The 5%ers' Blog > Trading Room
Weekly Forex Analysis Feb 27 – Mar 3 – Uncertainty in Japan With The New Governor of BOJ

USD continues to strengthen against major currencies

The trading rooms are the opportunity to trade together with our traders!

The rooms are available for all traders four times a week.

In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, and share market visions and trading opportunities.

In today’s trading room, we checked how many of our levels from the past week actually held.

We see the clear strengthening of the USD against major currencies, especially against JPY and NZD.

Also, if gold breaks down the 1800 level, we can expect a continuation lower as there are no support levels to hold prices from dropping aggressively.

Finally, We also took a successful long scalp on GBPAUD.

 

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