Weekly outlook and setups VOL 251 (05-09.08.2024) | FOREX, Indices

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NFP gave us an overall market direction this week. With the FED Rate out of the way, I believe we are going to have a clear bias for this and next trading week.

The trading month of August is usually a low-volatility and slow one, due to being a "summer holiday", so make sure that you monitor your expectations for big market moves.

Overall - short bias on the DXY, Long bias on XXX/USD!
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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 0:53
DXY 3:01
EUR/USD 5:53
GBP/USD 8:28
AUD/USD 11:06
NZD/USD 13:02
GOLD (XAUUSD) 14:50
USD/JPY 17:41
EUR/JPY 20:27
GBP/JPY 22:24
SPX500 24:30
NAS100 28:13
US30 (DJIA) 31:10
Summary & Recap 33:08