ForexAnalytix Week Ahead Video August 14th 2022

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Blake Morrow of #ForexAnalytix talks about the week ahead in markets and discusses the most important data of the week we should be paying attention to.
He looks at the #SPX $DJI and the #Nasdaq as they approach the 200dma, and notes that the #IWM had reached it last week. But as the Fed embarks on QT he urges caution in longs at these levels.
Blake also shows his view of the #EURUSD #GBPUSD and #AUDUSD. With the RBNZ set to raise rates by 50bps the #NZDUSD may be reaching to some resistance.
He also covers the #gold market and warns about the big #Fibonacci level it is stalling at, and how #crude oil may be able to drop back in the mid 70’s.
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