Re: Forecast

291
Forex market forecast for January 9
EUR

Good data on the US labor market has maintained the uptrend of the US dollar against the euro. Now the bulls need a return to 1.1130, but this is subject to good data on German industrial production, which is unlikely. Therefore, I will look at sales on a false breakdown with the target of 1.1096 and 1.1069, where purchases are on the rebound. If we go immediately to 1.1096, then there is long only with divergence and false breakdown.
GBP
Pound purchases only after update 1.3055 or on a rebound from 1.13015. Sales after an unsuccessful return on 1.3129, or on a rebound from 1.3206.
CAD
Breakthrough 1.3038 is a buy signal with the target at 1.3066 and 1.3102. If there is no activity above 1.3038, and return to this level, then I sell with the target of 1.3001 and 1.2954, where the purchases are on the rebound.
Gold
There is no war and no gold is needed. It’s better to wait until the situation calms down and then look at the levels. 1541 and 1529 for purchase will be acceptable. Sales only after a return on 1582 and 1593.


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