Price action JANUARY 23rd

EURUSD remains a seller. The preference is selling with overnights programmed at sell stop 1.0840 with TP 1.0830, sell stop 1.0820 with TP 1.0810. If the impact of the PMI (European PMI)  is positive we expect setbacks after the impact. It is not advisable to leave buy stops or coverages at these levels.

GBPUSD remains a seller. The preference is selling with a sell stop programmed at 1.2670 with TP 1.2660. Once below 1.2660 we expect to be close to 1.2650 to continue selling until 1.2630 and extensions. For the moment we rule out buying strategies.

USDCAD maintains a buying preference above 1.3460. Purchases would ideally be expected tomorrow. Buyer scalping is constant until 1.3480 and 1.3490. For now we rule out sellers as long as the price remains above 1.34. The corrections have been important in terms of sales, however the maximums have been extending around 1.35.

AUDUSD preference is short below 0.6580 to 0.6570. Then a last selling interval from 0.6560 with TP 0.6550. If buyers do not enter 0.6550 then selling extends to 0.6530.

XAUUSD remained bought over 2022 on the day. The preference continues to be a seller from 2028 to 2025. Then below 2025 the sale would extend until 2022. If the buyers position themselves again then possibly tomorrow it will pass 2030 which implies sales from 2033. We rule out strategies for buyers so far market is only testing highs.