Usd clearly break up, could pullback this week
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On the backdrop of the CPI data hinting that inflation is still hot, FED kicked the interest cut ball lower down the street ( later than Jun, i believe). Therefore the strength in USD i guess.
Majors capitulated. Watch for some bounce if u want to long pairs like EU GU for a quick run. But likely overall is a short majors for me ( e.g. EU GU)
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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Welcome and thanks for dropping by my post.
On the backdrop of the CPI data hinting that inflation is still hot, FED kicked the interest cut ball lower down the street ( later than Jun, i believe). Therefore the strength in USD i guess.
Majors capitulated. Watch for some bounce if u want to long pairs like EU GU for a quick run. But likely overall is a short majors for me ( e.g. EU GU)
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
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