Fecha Actual:May 19, 2024

Price action JANUARY 16th

EURUSD remains with a selling preference below 1.09. We prefer to wait for Europe to open to potential buyers and for that to lead to declining sales. If a sale opens, we start selling from 1.0870 to TP 1.0850. Remember that at 1.0850 we expect possible important buyers.

GBPUSD maintains a selling preference below 1.2650. From 1.2630 sales start up to TP 1.2620. Below 1.2620 remember that we need confirmation before continuing to sell.

USDCAD remains with a buying preference above 1.3390. Once the price was confirmed we entered with targets at 1.35. Above 1.35 we enter up to 1.3530. A correction is ideal to generate buyers lower at 1.3350 or 1.3360 although it may not correct the price and confirm above 1.35.

AUDUSD below 0.66 remains with a selling preference. From 0.6580 selling continues until 0.6570. Then from 0.6560 with TP 0.6550.

XAUUSD remains with a selling preference. Today’s targets are the final ones, therefore we will wait until tomorrow to define the strategies. Below 2020 (ideally confirmed) the price continues its course until 2015 and 2012.

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