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Welcome September!
We are entering into an NFP Week. In terms of Bias and Direction – it’s not 100% clear where the market is headed next.
Most pairs are taking Monthly Liquidity and starting to pullback on the Weekly timeframe, retesting Weekly Imbalance areas.
It’s key to stay patient and wait to see what this week’s price action will show us. Remember – the first Day of the week and the first Week of the month are always 50/50.
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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 1: 02
DXY 3: 04
EUR/USD 8: 01
GBP/USD 12: 37
AUD/USD 15: 34
NZD/USD 18: 26
GOLD (XAUUSD) 20: 45
USD/JPY 23: 41
EUR/JPY 27: 43
GBP/JPY 30: 07
SPX500 31: 43
NAS100 34: 15
US30 (DJIA) 37: 40
Summary & Recap 39: 11