This is a multi cnfluences analysis. All information are listed below.
H1
ChoCh that indicates a potential downside movement
21% chance for a new BOS by the upside on 90 minutes time frame.
66% chance for a new BOS by the downside
M30
Supply zone where the price can potentialy reverse for downside direction
M15
ChoCh that potentially validates H1 ChoCh
69% chance for a BOS by the downside
Fundamental for this week
Federal Funds Rate
According to the Fed's Rate Monitor there is 96.9% chance that the Fed will keep its interest rate at 5.50%
Non-Farm Payrolls
177k forecast - 216k Previous
The NFP could probably be negative for the Dollar
H1
ChoCh that indicates a potential downside movement
21% chance for a new BOS by the upside on 90 minutes time frame.
66% chance for a new BOS by the downside
M30
Supply zone where the price can potentialy reverse for downside direction
M15
ChoCh that potentially validates H1 ChoCh
69% chance for a BOS by the downside
Fundamental for this week
Federal Funds Rate
According to the Fed's Rate Monitor there is 96.9% chance that the Fed will keep its interest rate at 5.50%
Non-Farm Payrolls
177k forecast - 216k Previous
The NFP could probably be negative for the Dollar
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.