Trading Room

Weekly Forex Analysis May 30 – Jun 3, 2022 – US Indices and Oil Extend Gains as China Opens Back Its Economy

May 30, 2022 | 5:24 pm | The 5%ers' Blog > Trading Room
May 30, 2022 | 5:24 pm
The 5%ers' Blog > Trading Room
Weekly Forex Analysis May 30 – Jun 3, 2022 – US Indices and Oil Extend Gains as China Opens Back Its Economy

DXY is expecting to slide down for the following week

The trading rooms are the opportunity to trade together with our traders!

The rooms are available live three times a week for our traders, both PM and during the level 1 process.

In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, and share market visions and trading opportunities.

 

In today’s trading room, we have discussed the DXY, and we expect it to slide down for the following week into his next liquidity zone, around 99.

The situation in China has been better, as they opened back their economy this week and allowed transportation again. This has led to an important push in Oil and US Indices.

This strengthens the fundamental short-term movement on the Dollar. Regarding Gold, some move on the upside can be expected as the commodity sector continues its bullish movement, and a hedge against inflation is essential.

We have continued our analysis on the EURUSD, GBPUSD, and NZDUSD.

 

👉 We will go LIVE again tomorrow @9:00 AM EDT on The5ers YouTube channel

 

Watch The Weekly Forex Analysis May 30 – Jun 3, 2022

 

👉 Click here to find out more about our new Freestyle funding program.

👉 Don’t miss our Forex Trading IdeasShare your trading ideas and find potential trades on our forex trading ideas community.

👉 Join us at The5%ers Traders Support GroupCome and introduce yourself, share opinions, and publish your trading ideas! Open for everyone.

 

If you want to receive an invitation to our live webinars, trading ideas, trading strategy, and high-quality forex articles, sign up for our Newsletter.

Subscribe to our youtube channel.

Click here to check how to get qualified.

Click here to check our funding programs.

Share:

WE FUND FOREX TRADERS!

The5%ers let you trade the company’s capital, You get to take 50% of the profit, we cover the losses. Get your trading evaluated and become a Forex funded account trader.

Get Your Forex Funded Trading Account

Your message is underway!

You will be hearing from us shortly