Weekly DAO | Next week's notable currencies
Hello.
I’m T1_FX, a discretionary trader with over 10 years of trading history.
I have continuously analyzed various markets such as FX, gold, stock indices, and cryptocurrencies. The most important aspect of my trading is objectively understanding “which direction the market participants are leaning right now.” To perform this environmental awareness simply and efficiently, I developed a DAO that I also actually use in my trades.
Until now, it was only a brief note of environmental awareness as part of my trading diary. However, since I analyze things daily, I’ll organize things a bit and try outputting them from now on as a trial.
Although belated, this time I’m公開ing (making public) the “DAO analysis as of the end of last week” as well as a check of the answers. I would appreciate it if you could look back at what kind of environmental awareness I had and how the subsequent market moved.
I don’t know how long I can continue, but I plan to deliver regular updates as much as possible.
In this project, I will share environmental awareness of currencies, stock indices, and cryptocurrencies that I关注 (am watching) based on the DAO information I normally use. The aim is not to forecast the market, but to objectively understand “which timeframe participants are currently dominant.”
Note that this article is solely my personal view and does not recommend or solicit buying or selling of any specific financial instruments. It is provided as reference information and does not guarantee future profits or specific outcomes.
Now then, using the DAO, let’s reflect on last week’s environmental awareness and review the market environment.
Top 3 currencies to watch next week
3rd USDJPY
2nd JP225
1st BTCUSD
3rd USDJPY
■ Environmental awareness in DAO
All EMA20s on monthly, weekly, daily, 4-hour, and 1-hour charts are pointing upward, indicating an ideal buying-dominant environment in the DAO. On the chart, prices are moving without breaching the upper-timeframe EMA20 by a large margin, keeping the buy side in control. Although there may be short-term corrections, there is currently no evidence of a shift to selling. DAO verdict: “Buy-dominant.”
■ Points to watch next week
・Whether the H4 EMA20 will function as support
・Continuation of the daily EMA20 rise
・Consensus of buying direction between short-term and medium-to-long-term traders
2nd JP225
■ Environmental awareness in DAO
From monthly to 1-hour, all EMA20s are trending upward, indicating a strong uptrend in the DAO. Prices are in a high range and remain well above the higher-timeframe EMA20, with no signs of a shift toward selling. However, the divergence with the daily and 4-hour charts is large, so be mindful of short-term overbought conditions. DAO verdict: “Buy-dominant.”
■ Points to watch next week
・Pullback formation toward the H4 EMA20
・Narrowing divergence with the daily EMA20
・Maintaining buying pressure in the high-price range