Daily Digest:
w/c 17 June 2024: The US data highlight this week is Retail Sales on Tuesday, with global Flash PMI data on Wednesday. Plus on the central bank side we get the RBA, PBoC, SNB and BoE all in play

US Dollar Stays Bullish!

Intermediate
  • US Dollar Index bull trend and bigger breakout intact (DXY forecast) 
  • Euro stays bearish, through support, below resistance (EURUSD forecast
  • Cable sees small bounce from above support, but still negative (GBPUSD forecast
  • Yen stays weak (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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