Trading Room

Weekly Forex Analysis Aug 15th – 19th, 2022 – Fake-Out in The Dollar and Nasdaq Scalping

August 15, 2022 | 5:13 pm | The 5%ers' Blog > Trading Room
August 15, 2022 | 5:13 pm
The 5%ers' Blog > Trading Room
Weekly Forex Analysis Aug 15th – 19th, 2022 – Fake-Out in The Dollar and Nasdaq Scalping

The Dollar has been retracing all the movement from the CPI news

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

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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 discussed the Dollar and especially the EURUSD and GBPUSD key levels for the week.

The Dollar had been depreciating strongly after the CPI news last week, but the Dollar has been retracing all the movement.

It seems to be a fake-out, and the Dollar maintains its status as a strong currency in this period.

Lastly, Ruben has made some scalp at the opening in the Nasdaq, after the market opens strongly.

 

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