Week Ahead Video October 29th 2023
BOJ, FOMC and BOE this week! Don’t Forget NFP!
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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, especially as ground war activity escalated at the end of the week. But the markets will be laser focused on the FOMC, the Bank of Japan and England this week as well. US Data continues to come in strong, so the Non-Farm Payrolls data at the end of the week will also be very important.
The market is also still dealing with earning season, and AAPL is set to release earnings on Thursday as well. Blake looks at the key technical levels to be watching in the EURUSD, GBPUSD, USDJPY, US Dollar Index, the AUDUSD and NZDUSD as well.
With the Bank of Canada past us and CAD jobs at the end of the week, he looks at the USDCAD breakout higher too.
He also gives his views on the S&P 500, and how he is seeing the Russell 2000 now that the head and shoulder pattern has completed. He also looks at the gold and crude oil markets.
#weeklyforexforecast #forexforecast #forexanalysis
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