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Bsappsfx blogQ2_Week_27_2022: Market Outlook
Currencies: Another week, another USDOLLAR high being formed! The dollar shows no signs of stopping, even after yesterday's CPI inflation data came in above consensus. 8.8% inflation was expected and 9.1% was the actual. We are looking to continue this trend going up,...
Q2_Week_26_2022: Market Outlook
Currencies: The USDOLLAR has continued its push up this week, forming new highs. The dollar has had such a strong run over the last few months and doesn’t show any sign of stopping. That being said, as soon as we see the FED pivot – this could cause some changes and...
Q2_Week_24_2022: Market Outlook
Currencies: The USDollar has continued to push up over the last couple of weeks. However, we have hit into monthly resistance, and we may see a deeper pullback because of it. That being said, due to us still being bullish we should continue to buy the dollar until...
Q2_Week_21_2022: Market Outlook and Trader’s Tips
Currencies: This week we have seen further downside on the USDOLLAR as anticipated. We are looking for this to continue for now, but we do need to be careful due to fundamentals out today and tomorrow for the dollar. Although the dollar has been moving down, the...
Q2_Week_20_2022: Market Outlook
Currencies: The dollar has started to pull back now after a massive run-up. We have been waiting for this for the last 2 weeks, as this may give us some setups to short the dollar. USDJPY is a setup which the advanced group were watching and managed to short,...
Q2_Week_19_2022: Market Outlook
Currencies: The dollar has continued its push up this week. Although we were anticipating a potential deeper pullback, we didn't not see the confirmation necessary as mentioned in the previous post. As it stands the dollar should be longed on any pullback – but do be...