We really have been picking the pairs that are running.
No new trades have been sent since Monday, but the positions we’re already in continue to deliver, often moving towards 3R.
✨ Highlights so far:
✅ EUR/AUD has reached +150 pips.
✅ USD/CAD is running at +100 pips.
💵 Dollar Watch: DXY in Focus
At present, the USD/DXY is attempting to establish itself. It’s still early in the move and a slow grind, but the signs are beginning to show.
📈 Macro Backdrop
On the macro front, higher inflation readings have continued to come through across both the GBP and USD, reinforcing the ongoing inflationary theme.
Today, the US manufacturing data at 1:30 pm could be a catalyst for the dollar — potentially accelerating our trades further toward their TP levels.
🔍 What’s Next?
For now, nothing else of real quality is setting up on my radar.
🧠 Final Thoughts
As always, patience is key.
Have a great day and happy trading.
Risk Warning: Trading forex and CFDs involves significant risk and may not be suitable for all investors. The information provided is for educational purposes only and does not constitute investment advice. Synergy Markets does not hold client funds and acts solely as an FCA-regulated intermediary and education provider. Past performance is not a reliable indicator of future results.
