Weekly outlook and setups VOL 242 (27-31.05.2024) | FOREX, Indices

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Final week of May is here and the market is giving us mixed signals.

I am still overall bearish on the DXY and bullish on the Majors. This week, we have 4H and Weekly Imbalances to work with, so it’s important to monitor the Flow and which imbalances will get respected.

In terms of the weekly volatility – we have USD news every day, so I believe it will be a nice and smooth trading week.
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DISCLAIMER:
This video expresses my personal opinion only. Trading the financial markets involves risk and is not suitable for all investors. Before deciding to invest in foreign exchange or another financial market, you should carefully consider your investment objectives, level of experience and risk appetite. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action, and any trades you decide to place are your own.
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Timestamps:
Intro 0:00
News Outlook 0:40
DXY 2:27
EUR/USD 8:06
GBP/USD 12:37
AUD/USD 15:49
NZD/USD 21:53
GOLD (XAUUSD) 24:07
USD/JPY 27:47
EUR/JPY 31:32
GBP/JPY 33:40
SPX500 35:38
NAS100 38:23
US30 (DJIA) 40:09
Summary & Recap 42:01

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