Weekly Outlook
Economic Calendar
Red folder news on Wednesday and Thursday. NFP on thursday is the biggest expected news event of the week can bring a lot of volatility into the market.
Technical analysis
DXY – I still see DXY going higher to Monthly SIBI at 101.977 and 50% of the range at 102.867
Currencies – With bullish expectations on DXY I expected lower prices for currencies.
Objectives: 1.1365 & 1.10570 for 6E ( EURUSD) aand 1.30 for 6B ( GBPUSD)
Indicies – NQ and ES are in premium and are showing a bit of weekness. I can see them going slowly to 50% of the range to grab liquidity beforegoing higher. Got to look if the timing correspond to DXY reaching his higher objective.
NQ: target 1at 28520.50 Target 2 at 27180.50 / ES Target 1 at 7294.75 & Target 2 at 7054.50
Metals – I expected a bullish start of the week.
Week Review
Monday
Tuesday
Win on gold. Saw reaction from Monthly bisi acting as support for daily candles. yesterday ( Monday) took SSL and closed inside the range.
Entry was m15 Order bloc at 3985 and target asia high at 4022.7
