City, State/Country – Na now as we dey enter new week, forex market don jam another confusious level. DXY, the king of dollar, dey hold am tight for 97.70 support level wey dem dey yan say ‘no shake.’ This don happen after e bounce last week from 97.50 wey show say the market dey chill like ice water under the sun.
But make we no forget say if DXY jam 98.10 or 98.50, we fit see some action, o! If e break that 97.70, abeg hold your horses because na 97.27 and 96.80 we go dey look next. But as e be now, na range trader we be, just dey respect the support and resistance levels, my people.
Then come look EURUSD, e dey do like say e wan jom. Last week, di euro collect some vibes from that 1.1645 support and e don dey try push up towards 1.1730. E no too dey follow trend sometimes but as long as e fit maintain that support, we fit see am rise go 1.1780. If you sabi as forex matter dey run, make you dey watch dis level.
GBPUSD sef dey dey dance their own jive. E don close below 1.3380 two weeks ago but quickly retract am back. Dis move don show say momentum dey come back and we dey expect wahala for 1.3580 level. Anything wey happen for that spot fit serve as target or resistance. Just stay alert, e fit tiff your money if you no shine your eye!
As for the precious gold, this one now dey trend like it’s going to the moon, o! E dey follow ascending channel wey start since mid-September. Dem dey watch support at 3860, if dem break that one, we fit see deeper pullback. But as long as the channel dey intact, e go continually be bullish. Watch out for 4000, e no far!
Justin Bennett wey dey trade since 2002 don gather plenty followers, more than 100k monthly. He dey teach traders how to handle forex without too much wahala, and him method dey straight to the point. If you no sabi am, you miss plenty! Make you enter the market and hold your wallet tight, because starving days na for the weak!
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