The dollar ripped to fresh lows early in the week on the FOMC spark and is now set to close with a heavy bearish rejection candle.
Next week’s macro stack:
Tue – U.S. PMI flash
Thu – Q2 GDP final and Durable Goods
Fri – Personal Income/Spending and PCE
Price sits just below a five-week liquidity shelf around the 98.00 area.
Technically the market is oversold near the lower range, so high probability to target next week 98ich highs and lower on cross pairs. lets see how it will play out!
Next week’s macro stack:
Tue – U.S. PMI flash
Thu – Q2 GDP final and Durable Goods
Fri – Personal Income/Spending and PCE
Price sits just below a five-week liquidity shelf around the 98.00 area.
Technically the market is oversold near the lower range, so high probability to target next week 98ich highs and lower on cross pairs. lets see how it will play out!
Danel Fadejev
Founder, CORE 5 Tradecraft
Measure. Define. Qualify. Authorize. Execute. Protect. Record. Audit. Scale. Repeat.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
Founder, CORE 5 Tradecraft
Measure. Define. Qualify. Authorize. Execute. Protect. Record. Audit. Scale. Repeat.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Danel Fadejev
Founder, CORE 5 Tradecraft
Measure. Define. Qualify. Authorize. Execute. Protect. Record. Audit. Scale. Repeat.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
Founder, CORE 5 Tradecraft
Measure. Define. Qualify. Authorize. Execute. Protect. Record. Audit. Scale. Repeat.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.