Forex Weekly Outlook: Key Fundamentals for July 20–24 & Implications for Majors + USD (QTS Forex Focus)

Forex Weekly Outlook: Key Fundamentals for July 20–24 & Implications for Majors + USD (QTS Forex Focus)

by Quantum Trading Comment Closed
Forex Weekly Outlook: Key Fundamentals for July 20–24 & Implications for Majors + USD (QTS Forex Focus) Hi traders - after a volatile week dominated by geopolitics and softer US inflation, next week brings a lighter but still meaningful fundamental calendar. With the ECB decision on Thursday and various inflation/PMI prints, we could see fresh directional moves across the majors and clear opportunities in USD pairs. Here’s a focused breakdown of the key events and how they may influence the US Dollar (DXY) and major currency pairs. High-Impact Events Next Week Monday (July 20): US Leading Economic Indicators Tuesday (July 21): UK CPI & Unemployment Thursday (July 23): ECB Monetary Policy Decision + Press Conference Friday (July 24): US New Home Sales, Flash Manufacturing & Services PMIs (various countries) Geopolitical developments (US-Iran tensions and oil prices) remain an ongoing backdrop that can override scheduled data. US Dollar (DXY) Outlook The Dollar ended this week on the firmer side after Fed Chair Warsh’s relatively hawkish tone and...
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The currency heatmap leads the way

The currency heatmap leads the way

by Quantum Trading Comment Closed
https://youtu.be/BZ2qffQoq0w In this morning's session, one of the key indicators we focused on was the Quantum Trading currency heatmap, and the many ways it can be used, whether for longer term traders, or intraday scalping and swing trading opportunities. The currency heatmap delivers all the information in a single screen, delivering changes in sentiment from the fastest to the slowest timeframes, whilst also offering a ranking ladder of currency pairs at the extremes and therefore likely to reverse in due course. The currency heatmap is one of the four indicators on the currency dashboard, and this morning's forex trading session over delivered in every respect, as the currency strength indicator highlighted instantly those pairs offering trading opportunities, and those to avoid and leave alone. And from there, it's off to the charts, and then back to the currency matrix and the currency array to help confirm our trading decisions. The Currency Heatmap Leads the Way The currency heatmap is a trader's quick-scan superpower. It...
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Potential reversals now ahead after the storm of last week!

by Quantum Trading Comment Closed
https://youtu.be/cfzpUT701Dk Potential Reversals Now Ahead After the Storm of Last Week! The forex market endured a storm of volatility last week. Sharp moves created exhaustion. Now, potential reversals loom. Traders watch for turning points. Volume price analysis (VPA) spots them early. In this morning's forex session, we looked at some of the interesting setups now on the horizon using the longer-term perspective of the currency heatmap. The currency heatmap can be viewed in much the same way as the currency strength indicator. For the heatmap, we consider pairs rather than currencies, and a great way to use the indicator is to look for the extremes as potential reversals. With the yen now weakening following the flash crash and risk sentiment shifting, these now look like good prospects for the longer term. At the other end of the ladder, we have several euro cross pairs to consider. And all, of course, confirmed with volume price analysis and the Quantum Trading tools and indicators for MT4/5...
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The FED, and the Quantum Trading indicators for short and longer term trading

The FED, and the Quantum Trading indicators for short and longer term trading

by Quantum Trading Comment Closed
In this session, we stressed once again the importance of distinguishing between the signal and the noise from the FED ahead of the FOMC minutes later. Once again we have seen how the Federal Reserve is the most powerful central bank in the world and how its words and actions impact all markets and the global economy. We then focused on the pound in a variety of timeframes, with some great volume price anlaysis lessons in several pairs. Finally we looked at the currency heatmap and the extremes for some longer term trading opportunities. https://youtu.be/6PuiHUClDhM...
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