GBP/JPY AT EXACTLY 5:30PM NIGERIAN TIME SHOWS A DOWNWARD SLOPE BIAS. THERE WAS A DESCENDING GAP WHICH I TOOK ADVANTAGE OF FOR A FEW PIPS. MARKET PRICE WAS AT 192.37 AS AT THEN THEN I WENT IN FOR A FEW PIPS, WITH THE PLAN TO EXIT AT PRICE 152.25

THIS IS A GOOD MONDAY EVENING TO TRADE THE MARKET AS MARKET IS TRENDING BEAUTIFULLY. I HOPE TO CATCH A FEW PIPS HERE BEFORE MARKET RETRACES AND GOES THE OTHER WAY.
At the Federal Reserve’s first meeting in 2025, consumers are going to want what Fed Chair Jerome Powell simply can’t give them: An answer to how much longer interest rates are going to stay high.
Americans got a taste of the rate cuts they were craving last year. With inflation slowing and the job market flashing warning signs of an abrupt slowdown, officials on the Federal Open Market Committee (FOMC) slashed their benchmark financing rate a full percentage point across three consecutive meetings. The federal funds rate now holds in a target range of 4.25-4.5 percent.
The FOMC doesn’t look like it’s going to cut interest rates a fourth consecutive time when it wraps up its two-day meeting on Jan. 29.  Experts say a cut at the Fed’s next rate-setting gathering in March might not happen, either, if inflation stays sticky and the economy remains resilient.
EURUSD profit target it…1.25:1. R/R
Join GTA (FREE) and request a half price Amazing Trader members only AT access
EURUSD 15 MINUTE CHART – AT ALERT

This is the Amazing Trader pattern that triggered an AT sell alert at 1.05185/tp 1.04973/SL 1.05371
It is also the pattern that indicated a potential top and change in directional risk
Newsquawk US Open
NQ down 5% & NVDA -11% pre-mkt as Chinese startup DeepSeek threatens US AI dominance
Good morning USA traders, hope your day is off to a great start! Here are the top 6 things you need to know for today’s market.
6 Things You Need to Know
Risk sentiment hit by DeepSeek threatening US AI dominance, NQ -4.8% & ES -2.7%; NVDA -13.5% in premarket trade
European bourses are also mostly in the red, Tech lags with ASML -10.6% while Energy names are hit on this and numerous other factors
Additionally, disappointing Chinese PMI data overnight, Trump’s tariff announcement on Colombia and reports around MXN & CAD also weigh on the risk tone.
DXY is at session lows with 107.00 coming into view, havens lead with USD/JPY probing 154.00 to the downside.
Fixed benchmarks benefit from the above and partially on better-than-expected German Ifo; Central Banks coming into focus
Crude is now modestly in the green, as the USD provides support and offsets initial bearish action on the above and Saudi/US discussing lower prices; Metals lower across the board
USD/JPY IS ON A DESCENDING TREND AND IS CURRENTLY AT PRICE 153.8, I FORESEE A FURTHER DESCEND BECAUSE OF THE LAST 15 MINUTE CANDLE WHICH IS A SELL CANDLE AND A CONTINUATION PATTERN ON PRICE ACTION…I INTEND EXITING THE MARKET AT PRICE 153.6 WHICH IS A GOOD PLACE TO EXIT WITH A FEW PIPS IN PROFITS . THANKS
It’s not too late to signup
Global-view.com Giveaway – Round 3 – 27. January – 3. February 2025
Dear Members, (and those who wish to participate) we are happy to announce that the Third Round of our Weekly Evaluations is STARTING at Monday– 27.01.2025.
Grand Prize is a Prop Trading Challenge Account – $ 15.000
Second Prize is a Prop Trading Challenge Account – $ 10.000
Global-view.com Giveaway – Round 3 – 27. January – 3. February 2025
Orders and hedges offer clues for the EUR/USD outlook
EUR/USD has staged a decent recovery from 2-year lows at 1.0177 on Jan 13. Customer orders and price action in forward looking FX option markets might now offer clues about subsequent EUR/USD expectations.
EUR/USD’s recovery from 1.0177 peaked at 1.0523 on Friday and subsequent setbacks have met demand in the mid 1.04’s. Dealers say there are now more dip buyers, while others prefer to keep their powder dry to sell the USD if it comes under renewed pressure.
Europe’s technology sector led the pan-European STOXX 600 index SXXP lower, down 0.7%, while the blue-chip Euro STOXX 50 STOXX50 dropped 1.4% in early European trading.
The STOXX Europe 600 technology index (.SX8P) fell as much as 4.6%, its biggest one-day drop since mid-October.
Futures on the tech-heavy Nasdaq Composite NQ1! in the U.S. tumbled over 3.1% and S&P 500 futures ES1! sank 2%.
Using my platform as a HEATMAP

While the first trade war has been averted, it is a risk off start to the week
Stocks off sharply => bond yields down shar[;y =: JPY (and CHF) outperforming… Catalyst: Popularity of China’s discount AI, DeepSeek, which has hit the high valuation AI stocka
BTCUSD smashed  lower as well.
© 2024 Global View
