Welcome back to the Weekly Forex Forecast for the week of Aug 11 - 15th.
In this video, we will analyze the following FX market:
EURUSD
The EURUSD saw a relatively small range of action Friday, forming an Inside Bar for the week. Although it closed bullishly, it did so in the middle of the range. With CPI Data coming Tuesday, it may be a holding pattern until the announcement.
Structure wise, the Daily TF shows a bearish shift in the market, with a retracement into a
-FVG. If the inefficiency holds, lower prices are coming for the near term. Wait for valid sell setups, especially after the news announcement.
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
The EURUSD saw a relatively small range of action Friday, forming an Inside Bar for the week. Although it closed bullishly, it did so in the middle of the range. With CPI Data coming Tuesday, it may be a holding pattern until the announcement.
Structure wise, the Daily TF shows a bearish shift in the market, with a retracement into a
-FVG. If the inefficiency holds, lower prices are coming for the near term. Wait for valid sell setups, especially after the news announcement.
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.
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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.