NFP is one of the most awaited American indicators. However, it seems to be overshadowed by recent events including rising inflation and the commodity crisis.
Webinar "How to create a Forex trading strategy"
Trading without a strategy is like wandering without a path: the chance that you will achieve your goal is small. That’s why you need to make sure that you have a system of rules that determine when and how you enter and exit the market. Elizabeth Belugina, the Head of Analytical Department at FBS, will explain Forex strategies in great detail.
Gold is about to break the most significant support. The US dollar index keeps gaining momentum. However, the situation might change this week, and we might see a tiny correction. Investors might return to risk-on and push the US stock market indices and cryptocurrencies to the upside. These and more trade ideas are in our new weekly video! Do not miss it!
This week is likely to be pivotal for many assets, including gold, USD, and several stocks. However, we need to be focused and react fast to the ever-changing environment to get the most from it.
This week, the majors will be affected by the interest rate decision by the Federal Reserve, NFP, the BOE Meeting, and more events.