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Blake Morrow of #ForexAnalytix talks about the week ahead in #FOREX as the US Dollar index closed in breakout territory, YET many major Forex US Dollar pairs closed at key levels. Blake reminds us about the importance of the EURUSD, GBPUSD, AUDUSD and NZDUSD at key support levels. Also, the USDCHF at key resistance as well.

It’s a US NFP week this week and there is a lot of data that could move the market. Blake talks about the importance of the ADP jobs data and how it has been influencing the NFP and how it could play a role to Friday’s data as well.

Eurozone Inflation data, also the same from Australia this week. And the US will release the PCE data which is an important inflation gauge for the Federal Reserve as well.

Blake looks at the indices like the SPX, Nasdaq100 and suggests there may be some more consolidation as they develop head and shoulder patterns. He looks at the Russell2000 and Dow Jones Industrial Average as well. The DAX is holding the 200dma well (for now) and the Nikkei is trading above the bull/bear 30800 level too.

He also talks technicals on the gold market and where the key levels are at.

#weeklyforexforecast #forexforecast #forexanalysis

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Link to Blake’s video “Passing a Prop Firm Challenge”

0:00 Intro
2:35 Jackson Hole
4:30 DXY
6:20 GBPUSD
8:50 EURUSD
10:59 USDMXN
13:30 AUDUSD
17:00 NZDUSD
18:00 Important FX level recap
20:27 USDJPY
21:50 USDCNH
24:35 USDCHF
25:43 USDCAD
27:42 S&P analysis
34:05 Nasdaq 100
34:44 DOW and Russell2000
36:08 Nikkei and German DAX
37:13 Gold

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