TECHNICALS A great bullish swing move will soon begin for the following reasons.
- price has come to retest support - price has come to retest the bullish trendline - the bearish movement has pushed the price down to the 61.8 pullback - RSI is indicating that the pair has been oversold which means a strong buy may come in play soon
WEDNESDAY, NOVEMBER 24 13:30 USD Durable Goods Orders ex Transportation(Oct) USD Durable Goods Orders ex Defense(Oct) USD Durable Goods Orders(Oct) USD Initial Jobless Claims(Nov 19) USD Nondefense Capital Goods Orders ex Aircraft(Oct) USD Initial Jobless Claims 4-week average(Nov 19) USD Gross Domestic Product Annualized(Q3) PREL
15:00 USD Personal Consumption Expenditures - Price Index (YoY)(Oct) USD Core Personal Consumption Expenditures (QoQ)(Q3) PREL USD Core Personal Consumption Expenditures - Price Index (MoM)(Oct) USD Michigan Consumer Sentiment Index(Nov) USD Personal Income (MoM)(Oct) USD Gross Domestic Product Price Index(Q3) PREL USD Personal Consumption Expenditures - Price Index (MoM)(Oct) USD Personal Consumption Expenditures Prices (QoQ)(Q3) PREL Home Sales (MoM)(Oct) USD New Home Sales Change (MoM)(Oct) USD Core Personal Consumption Expenditures - Price Index (YoY)(Oct)
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.