Daily Digest:
w/c 15 July - Financials earnings reports kick off the week, then we get Netflix results Thursday. US Retail Sales is the standout macro data this week on Tuesday. We also get the latest ECB interest rate decision on Thursday.

Forex relatively quiet after global Bond Market plunges to lower yields

  • 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) 


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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