Weekly Market Commentary 10 July 2024

  Рет қаралды 33

IC Markets AU

IC Markets AU

22 күн бұрын

Several of the asset classes are forming triangular patterns, ordinarily a sign of indecision leading to a breakout in either direction.
Based on the selected charts, this hints at US Dollar indecision, most likely as a result of the political landscape leading up to the November elections.
The best trends, as Adam Harris covers this week, appear to be the Indices for now.
Once the breakouts start to kick off in the coming weeks, traders will likely have plenty of big moves to choose from.
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Music: Purple Corals by Midnight Cycler

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