Weekly outlook and setups VOL 252 (12-16.08.2024) | FOREX, Indices

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What a choppy week!

The trading month of August is known to be statistically the choppiest month during the year. With that information in mind - I'll just be staying aside.

Currently, there's a lack of clear bias and market intention. We have US CPI ahead of us this week, so I'll wait for that to get out before looking to engage in trades.

Remember - staying patient this week and month is the biggest key!
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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.
#forex #forextrading #forexanalysis #forexmarket #forexforecast
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Timestamps:
Intro 0:00
News Outlook 0:25
DXY 2:09
EUR/USD 4:52
GBP/USD 7:22
AUD/USD 10:58
NZD/USD 14:06
GOLD (XAUUSD) 16:34
USD/JPY 19:29
EUR/JPY 21:13
GBP/JPY 22:38
SPX500 23:20
NAS100 25:19
US30 (DJIA) 27:13
Summary & Recap 28:08