Forex Daily Outlook

Happy Monday Traders!

A LOT OF ECONOMIC DATA to be released this week. With very little data from the US, other global economies will now be in the forefront and traders are looking for confirmation that we’ll see further risk appetite. This will be dictated by results from this week’s economic data. We would like to note that global economic data has been very inconsistent over the past few months. We think this will eventually catch up with the market and we will see the buck continue to strengthen on concerns that the economic woes that everyone thought have passed, will come back to haunt the markets.

Don’t forget, we will be hosting Live! Trading sessions this week. Premium members may access the direct link in the “Members Downloads” section. The room will be open 15 minutes prior to trading.

If you’d like a more detailed analysis with potential trade opportunities during our live trading session, please join us in the member’s area.

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