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DXY Consolidating, Bulls Still Strong + OIL Trade Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Bank of England lets us know that the supply chain problem squeeze on inflation “should be temporary”, but will have to act if inflation reaches wages. Alongside a prediction for a strong Q4 from the Fed, Wells Fargo is calling for a +600k for NFP next Friday, December 3rd, 2021. This supports a continuation […]
US Unemployment Claims at 5 Decade Low + GBP Setup & MANA in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisAll around neutrality from fundamental events this morning, the biggest winner of course is the unemployment claims. Those are coming in under the forecast at a 5 decade low, alongside a stable GDP run for the quarter. We can see that DXY is still pumping strong. The DXY bull run is not over, and the […]
Market Maker Buy Model Lesson + AUDNZD & AUDJPY trades active
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Services and Manufacturing Industry Flash reports are out above expected across the board in the Eurozone and just a hair shy than forecast for the US Dollar. The Bank of England forecasts a peak of 5% inflation for the GBP by the second quarter of 2022. We are still bullish for the DXY and […]