Markets Flat Heading Into Key Economic Data
https://www.charlesclifton.co.uk/dai...tion-24-07-23/
Mon 24th July 2023 : Daily Forex Price Action
Today we’re looking at Trading Setups in:
NZDUSD (Primary Focus Pair)
NZDCHF (Covered In Video)
CADJPY (Covered In Video)
The markets could be stalling for the next couple of days as we head into the end of the month and holiday season.
During the month of August the markets can experience lower than usual trading volumes as many traders are away from their desks during the holiday period.
This week is the last FOMC, ECB and BOJ monetary policy decisions before the low volume period and could be what market participants are waiting for before picking a direction.
That being said, our live forex strength vs weakness tables continue to flag NZD as a weak currency.
Cont >>
https://www.charlesclifton.co.uk/dai...tion-24-07-23/
Mon 24th July 2023 : Daily Forex Price Action
Today we’re looking at Trading Setups in:
NZDUSD (Primary Focus Pair)
NZDCHF (Covered In Video)
CADJPY (Covered In Video)
The markets could be stalling for the next couple of days as we head into the end of the month and holiday season.
During the month of August the markets can experience lower than usual trading volumes as many traders are away from their desks during the holiday period.
This week is the last FOMC, ECB and BOJ monetary policy decisions before the low volume period and could be what market participants are waiting for before picking a direction.
That being said, our live forex strength vs weakness tables continue to flag NZD as a weak currency.
Cont >>