Sell A NEW HIGH in the US Dollar if seen!
Sell A NEW HIGH in the US Dollar if seen!
Jim Welsh of Macro Tides breaks down this week’s jobs report and shows us exactly what he thinks the Fed is thinking and how they will react to this stronger report this week! He discusses in detail how to interpret the JOLTS data, and what it means for the Fed Funds Futures and forecast.
He thinks the TLT (Bond market) has bottomed for now and rates will come down. Also, he breaks down his views of the SPX as well.
He thinks the US Dollar may have peaked, or the next high should be SOLD!
He also thinks Gold will trade back to the 1800 level.
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #jim_welsh #usd #eurusd
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Eightcap was founded in Melbourne, Australia, in 2009 with a simple, clear mission: to provide exceptional financial services to their clients. The broker is committed to building a home for MT4 and MT5 traders. This fundamental principle remains at the core of everything they do at Eightcap, and they believe staying true to it is pivotal to their success. Now with five offices across the globe and regulation in multiple locations, they provide clients worldwide with the ability to trade on a broad range of markets across FX, Indices, Cryptos, Commodities and Shares.
They are an award-winning broker who is focused on traders security and peace of mind. They deliver a personalized trading experience and create an ultra-efficient technology infrastructure for traders to trade on. That’s why they have been awarded the Best Global Forex MT4 Broker 2020 at the Global Forex Awards and, more recently, been named the Best Crypto Broker at the AtoZ Market Awards, 2021.
JWelsh@SmartPortfolios.com
20221008
