Let's see how the Forecasted Unemployment data could reflect TA

Important News for today



Final GDP q/q


Prev.: 5.2%
Fcst.: 5.2%

Insights:
Higher Final GDP q/q -> Stronger USD
Lower Final GDP q/q -> Weaker USD


Act.: pending...







Unemployment Claims (US Jobless Claims)


Prev.: 202K
Fcst.: 214K

Insights:
Lower Unemployment Claims -> Stronger USD
Higher Unemployment Claims -> Weaker USD


Act.: pending...

Trade stängt: målet nått:

Expectations for the bearish DXY was met, did not retrace up to the OTE level, but after filling the FVG, the market locked on the Sell Stops.

Fundamental analysis was a major part in this speculation.

Plan the Trade, Trade the Plan!