Week Ahead Video October 22nd 2023
What Are the Characteristics of a “Selloff?”
Trader Funding Program Page:
Blake Morrow of #ForexAnalytix talks about the week ahead in #FOREX as the market continues to be headline driven with the geopolitical risks surrounding Gaza and Israel. Blake also takes some time to discuss the key characteristics that he has seen over the years during periods of extreme stress in the markets, and what assets tend to outperform. And what some of the price action may look like.
We have two major central banks meeting this week with the Bank of Canada and the European Central Bank. He believes the Bank of Canada is a toss up for a hike or no hike, and that the USDCAD is at key resistance. The ECB is likely to make announcements on the PEPP program which may be market moving!
He also talks technicals on the gold markets and where the key levels are at after this 10% move higher, and also the technical developments of the S&P 500 and why the 4200 level is key support.
Make sure to sign up for the new, FREE, show in European trading hours. The FLOW SHOW hosted by Ryan Littlestone. LINK: https://forexanalytix.zoom.us/webinar…
REGISTER FOR OUR DAILY FREE WEBINAR (F.A.C.E.) HERE: http://bit.ly/2WhbchO