𝐏𝐇𝐎𝐄𝐍𝐈𝐗 𝐂𝐑𝐄𝐄𝐃 𝐈𝐍𝐒𝐓𝐈𝐓𝐔𝐓𝐄

FOMC TODAY: The market is already expecting a 95% HOLD but pricing a 65-75% hike in December. Based on market expectations: If it’s a hold and less hawkish, then FED for December turns out bearish for USD (scenario A) -A hold and more hawkishness from Warsh speech turns out bullish for USD (Scenario B) Less hawkish tone may be the FED considering NFP been so poor. (Due to global crisis and protests most central banks are taking caution against inflation not to hurt its citizens more badly). Surprise List: A cut or hike today. The market has priced a hold that any changes may affect the market badly.

Today’s forecast

FOMC tomorrow by 7pm…. Stay safe out there

$GBPUSD GM, Im out of this

This swept and started selling again….hmm

This is invalid

$USDCAD outlook So we’ve got two scenarios in place. 1. price respects the current level its at, for a push to the upside 2. It breaks below to continue its sells.

$GBPUSD

This weeks FORECAST

$XAUUSD Y’know how the normal circle of the market is like. You get break, a correction/retracement, then we continue with the trend. But if for some reason, at any point in the market, price decides to show signs of a shift on 4 hours, which would mean price suddenly creating HH HL, then that should be your signal for realignment.

$USDJPY outlook to keep things simple, we should be expecting a correction before we could get the continuation of the trend, but if for some reason we happen to violate these sequence, we’d have no other choice than to go with what the market give us Happy weekend Creeds

$XAUUSD Should’ve been…..

$USDJPY You’ll need to keep following the queue until they change the narrative

Today’s Forecast