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.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
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.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.