Levels discussed on livestream 7th Jan 2025

7th January 2025

DXY: For further downside to 107 support level, needs to break 38.2% and bottom of channel (107.80) or bounce off bottom of channel

NZDUSD: Retracing, look for rejection at 0.57 or 0.5760
AUDUSD: Test and reject trendline, Sell 0.6280 SL 30 TP 60

GBPUSD: Break above 1.26 round number, Buy 1.2620 SL 30 TP 100
EURUSD: Buy 1.0440 SL 30 TP 90

USDJPY: Sell 157.50 SL 70 TP 140
EURJPY: Look for reaction at 165 resistance
GBPJPY: Look for reaction at 197, Buy 197.25 SL 40 TP 90

USDCHF: Buy 0.9070 SL 30 TP 60
USDCAD: Could trade down to 1.4250, bullish trendline

XAUUSD: No clear directional bias, choppy between 2625 and 2646, break, above 61.8% 2646 could trade up to 2655