ForexAnalytix Week Ahead Video August 7th 2022
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Blake Morrow of #ForexAnalytix talks about the week ahead in markets and discusses the most important data of the month, the #CPI #inflation data. This could be the data that will reverse the strong bounce we have seen in equities in the last couple weeks.
Blake looks at the charts of the S&P500, the Dow Jones and the Nasdaq 100. Blake also covers the response to the US Jobs report on Friday. The “Good is bad and bad is good!” theme is still in the markets currently.
Blake looks at the US Dollar index and where the bulls need to keep an eye on. He looks at the charts of the #EURUSD as well. Blake takes a technical look at the #GBPUSD, and also the #AUDUSD. The #USDMXN is on his radar since Mexico has an interest rate decision and inflation data just before the USA. He shows you his plan on how he may be trading that pair!
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