Levels discussed on livestream 6th Jan 2025

6th January 2025

DXY: Consolidating along 108.90, could test 108.50 (61.8%) before trading higher again to 109 round number (below 108.50 could test bottom of channel)

NZDUSD: Sell 0.5575 SL 30 TP 60
AUDUSD: Sell 0.6265 SL 30 TP 60

GBPUSD: Wait for reaction at 1.25 round number resistance level
EURUSD: Look for rejection of 1.04, Sell 1.0315 SL 30 TP 90

USDJPY: Sell 157.65 SL 50 TP 150
EURJPY: Buy 163.55 SL 40 TP 120
GBPJPY: Sell 196.40 SL 50 TP 150

USDCHF: Look for reaction at bottom of channel 0.9060 or support level 0.9020
USDCAD: Ranging between 1.4335 and 1.4465

XAUUSD: Break 2624 to trade down to 2610 (bullish trendline)