U.S. Dollar IndexUpdated US GDP Data Trade Plans And Analysis
US GDP Annualized for Q1 is coming out this Afternoon.
This is a red tag event and could impact markets, especially the USD.
It is a key economic indicator and any misses can cause reaction. This will help give us direction on the sentiment case of the USD and the FED.
Here's my planned levels and sentiment bias.
This is a red tag event and could impact markets, especially the USD.
It is a key economic indicator and any misses can cause reaction. This will help give us direction on the sentiment case of the USD and the FED.
Here's my planned levels and sentiment bias.
Note
No real sentiment shift - minor market reaction. Entry plans still remain.Note
Key US data today, please re-study mentioned areas.Note
PCE not massively shifting USD. Awaiting further news sentiment for direction.Note
Going into next week - USD bias is tame. Markets are really looking for a reason to dive either way, and they probably won't get it until there is a slip up. Everything else seems largely priced in already.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
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.