05.03.26 Daily Forecast

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05.03.26 Daily ForecastU.S. Dollar Currency IndexTVC:DXYJordanWillsonPairs on Watch - GBPUSD : Price is reacting from a base that we can work with and with the potential of the DXY going short, we could play an insurance entry long here after the 1H follows through. Shorter term move but could go under the radar. USDJPY : Still open to the longs on this pair especially now we have had the 4H close to the upside. Price has tested everything it needs to below so now it is a case of whether we get the correction build and it offers us an entry to get long in line with the higher timeframe. CADJPY : Playing the same long thesis as UJ here. Using the channel to our advantage we can wait for an impulsive break out and then a small lower timeframe stack of price outside of the channel to get long. If the overall sentiment of the Yen pairs is long this could be a great play. NZDUSD : Live daily test trade active