ForexAnalytix Week Ahead Video June 18th 2023
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Blake Morrow of #ForexAnalytix talks about the week ahead in #FOREX as the US Dollar broke lower following the CPI, #FOMC and #ECB decision last week and as risk appetite reined supreme for the markets keeping downside pressure on the US Dollar.
However, with sentiment at extremes, and with the S&P 500 reaching major resistance, Blake takes you through the charts that matter this week.
Blake also discusses the #GBPUSD ahead of the BOE and UK #inflation data.
Also the JPY as a single currency with so many “JPY cross rates” challenging 30 year levels of resistance!
This could be a big week for the markets with Jay Powell set to take the stage again for his semi annual testimonies.
#weeklyforexforecast #forexforecast #forexanalysis
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