Daily Digest:
w/c 22 July - Macro focus on global Flash PMI Wednesday, US GDP and Durable Goods Thursday, US PCE Friday. Earnings spotlight on Alphabet and Tesla on Tuesday

Forex relatively quiet after global Bond Market plunges to lower yields

Intermediate
  • US$ Index in sideways range, risk to the downside (DXY forecast) 
  • Euro range bound too  (EURUSD forecast) 
  • Cable positive in non-trend  (GBPUSD forecast) 
  • USDJPY negative tone  (USDJPY forecast) 

Editor

Winner of the Technical Analysis Book of the Year 2014, Mapping Your Voyage of Discovery, Shaun Downey is a veteran of the markets and a globally recognized name in the world of Technical Analysis.... Continued

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