benny_marshall

benny_marshall

- Some of the most important data for USD will be released this week. Among them, JOLTS job openings, CB consumer confidence, ADP - non farm employment change, FINAL GDP q / q, crude oil inventories, Core pce price index, ism manufacturing index, NFP are the most important DATA. - The OPEC MEETING is scheduled for this week. Also important indicator data for...

benny_marshall

- The DATA BUILDING CONSENTS, ANZ business confidence, for the New Zealand dollar is due out this week. These are very LOW IMPACT NEWS. According to the MARKET SENTIMENT, a DEMAND may come to the NZD this week. Also, the Japanese yen is following the market sentiment as there is no special data release for JPY. - China has decided to lock down the Shanghai...

benny_marshall

DXY - According to PRICE ACTION there is only one DOWNSIDE BIAS for DXY. However, NFP DATA is due to be released today. - DXY 96.54 LEVEL can come to LONG TERM according to PRICE ACTIONS. You need JavaScript enabled to view it DXY SELL. - NFP, UNEMPLOYMENT DATA, AVERAGE HOURLY EARNINGS DATA are very VOLATILE and can be MANIPULATIONS in DXY. Those who...

benny_marshall Updated 

- DXY is currently forming a BAT PATTERN. - If you BREAK the DXY DOWNSIDE CHANNEL TREND LINE you can definitely COMPLETE the BAT PATTERN. - If the DXY price falls below 95.00 LEVELS the BAT PATTERN will be INVALID and it will change to the SHARK PATTERN. If so we will UPDATE - DXY BREAKOUT is very important for USD CROSS PAIRS. - Up to DXY 97.27 can be UP if...