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U.S. Dollar Index
Updated

Let's see how the Forecasted Unemployment data could reflect TA

2 831
Important News for today



Final GDP q/q


Prev.: 5.2%
Fcst.: 5.2%

Insights:
Higher Final GDP q/q -> Stronger USD
Lower Final GDP q/q -> Weaker USD


Act.: pending...







Unemployment Claims (US Jobless Claims)


Prev.: 202K
Fcst.: 214K

Insights:
Lower Unemployment Claims -> Stronger USD
Higher Unemployment Claims -> Weaker USD


Act.: pending...
Trade closed: target reached
Expectations for the bearish DXY was met, did not retrace up to the OTE level, but after filling the FVG, the market locked on the Sell Stops.

Fundamental analysis was a major part in this speculation.

Plan the Trade, Trade the Plan!
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Plan the Trade, Trade the Plan!
Also on:
Trend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trend Analysis
liquidity_trading_
Plan the Trade, Trade the Plan!
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.