Next week, we can expect the continuation of the trend. The technical analysis is fully explained in the chart, but what needs to be watched are the fundamental reports:
We expecting high volatility during news events. Trade what you see, not what you think.
- Manufacturing PMI on Monday, (impulsive move)
- Tuesday nothing (correction move)
- Services PMI on Wednesday, (impulsive move)
- Jobless Claims on Thursday, (impulsive move)
- and NFP along with Fed Chair Powell's speech on Friday. (impulsive move)
We expecting high volatility during news events. Trade what you see, not what you think.
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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.
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.