ForexAnalytix Week Ahead Video August 6th 2023
Week Ahead Video August 6th 2023
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Blake Morrow of #ForexAnalytix talks about the week ahead in #FOREX as the market is bracing for CPI data later next week and we will get the most recent read on consumer inflation, and then a day later at the producer level.
There is a lot happening this week technically, since the US equity markets closed at lows on Friday. Blake takes a look at the S&P 500, Dow Jones Industrial Average, Nasdaq100, AMZN and AAPL from last week, and the Russell200 as well.
The GBPUSD has GDP and Banxico has a rate decision which puts the USDMXN in play this week, especially with “carry trades” at risk as well.
He also talks technical on the gold market and where the key levels are at.
#weeklyforexforecast #forexforecast #forexanalysis
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