Economic calendar
CPI & PPI week; Two very important news that can drive markets. Based purely on this we can expect a classic weekly profile or a mid-week reversal profil. Let’s see if price action tells the same story.
DXY – USD Index
I still expect more upside for DXY. We’ve taken an important buy side liquidity level and reached a monthly SIBI. we can see thet a slow down or a small retracement before the target at 102.867. i’m still bullish on dollar as the week begin until proven otherwise.
Currencies
Targets are still the same as last week. 6B is still in premium area of the range might be more interresting to sell if relative strengh compared to 6E changes.
Metals
Despite a bearsh HTF structure, metals showed a strong bullish end of the week. We can witness the star of small retracement higher befor a new fall and the reach of my target at 4016.1. All have internal BSL to take before final target. It’s a lot to anticipate for now. HG & GC are the 2 that, according to me, show the more bullish intent.
Indicies
ES &NQ are close to ATH but are not in sync. ES seems stronger. We might see interesting run up on YM also. Can be good to keep a look at it .
Disclaimer. All this article is my personal expectation for wher I expected to se market draw to. I’m not a professional and not an advisor in any case. this is not financial advise. Trading is a risky, you make your own decisions.
