Ivan Delgado breaks down his thoughts, accounting for market structures, momentum, and critical levels. With rising equities, and a breach of structure to bearish in the USD index, we may enter an environment where selling USD on strength ensues.
Want to find out the outlook for the majors and equities/gold heading into the end of the week? Ivan Delgado breaks down his thoughts in this video, which accounts for market structures, momentum, and critical levels. The conclusion he comes to is that with rising equities, and a breach of structure back to bearish in the USD index, we may soon enter an environment where selling USD on strength ensues.
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The Daily Edge is authored by Ivan Delgado, Head of Market Research at Global Prime. The purpose of this content is to provide an assessment of the market conditions. The report takes an in-depth look of market dynamics, factoring in fundamentals, technicals, inter-market, futures and options, in order to determine daily biases and assist one’s decisions on a regular basis. Feel free to follow Ivan on Twitter & Youtube.
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