NASDAQ: Bulls Took Control Last Week! Buy It!

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Welcome back to the Weekly Forex Forecast for the week of Jan. 12 - 16th.

In this video, we will analyze the following FX market: NASDAQ (NQ1!) NAS100

The NASDAQ is the sick sister of the S&P and the Dow Jones, both of which hit ATHs last week. The NAS could potentially follow suit this week, but it doesn't need to. It can still push higher towards the buy side liquidity at 26,128 and achieve a huge bullish goal.
The bullish close to last week warrants buys this week.

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May profits be upon you.

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註釋
The following news item has caused the US Dollar to dump. My analysis will have to be reassessed.

"The U.S. dollar risks big falls after Federal Reserve Chair Jerome Powell said the central bank was subpoenaed by the Department of Justice over renovation cost overruns, ING's Francesco Pesole says in a note. The move reignites Fed independence concerns and potentially could renew the 'sell-America' trade, the FX analyst says. "The downside risks for the dollar from any indications of further determination to interfere with the Fed's independence are substantial." The U.S. administration has threatened Powell with a criminal indictment, while Powell said the accusations were an attack on Fed independence and a pretext to pressure policymakers to cut interest rates. The DXY index, which measures the dollar against a basket of currencies, falls 0.4% to 98.758. (emese.bartha@wsj.com)"

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