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Analysis

USD/JPY takes out 160.23 buy stops [Video]

In today’s TradeGATEHub Live Trading session, Coach Dale discusses the USDJPY surpassing the 160.23 buy stops, exploring the potential for a StopHunt in this currency pair. He also analyzes yesterday’s USDCAD test of the 1.36 level. Additionally, Dale assesses the broader market dynamics, noting the Dow’s failure to reach new highs alongside other indices as previously forecasted, and predicts that the recent bounce in Nvidia (NVDA) is likely to falter. This session provides critical insights into currency and stock market movements, helping traders navigate the volatile landscape.

 

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