Welcome back to the Weekly Forex Forecast for the week of July 28 - Aug 1st.
In this video, we will analyze the following FX market:
EURUSD
Buyers reacting positively to the announcements of trade deals with the US.
Longs are the play until we see a bearish break of significant structure.
FOMC and NFP looming, so be careful the markets don't reverse on your trades!
Wait patiently for buy setups.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
In this video, we will analyze the following FX market:
EURUSD
Buyers reacting positively to the announcements of trade deals with the US.
Longs are the play until we see a bearish break of significant structure.
FOMC and NFP looming, so be careful the markets don't reverse on your trades!
Wait patiently for buy setups.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Note
EU signed a deal with US. Gave a bearish reaction."While investors generally welcomed the agreement as a step toward easing trade tensions and fostering stability, it had largely been anticipated by markets.
Moreover, many in Europe view the deal as unfavorable and punitive toward the EU. Meanwhile, attention on the monetary policy front is shifting to the Federal Reserve’s decision expected later this week."
Note
I should note, at the time of my forecast, I was referring to the deals signed with the Philippines and Japan. The EU deal had not been announced yet.To put it succinctly, this EU-US deal is seen as more one-sided in favor of the US.
An update video will soon follow, as there is a "significant break of market structure."
Related publications
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.
Related publications
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.