The U.S. Dollar is testing traders resolve.
Price action keeps pressing higher, and a daily close above 97.394 would confirm a classic “fractal low” — the kind of structural pivot that lures late buyers before the real move unfolds.
3 Key Insights
Macro Calendar – Stay alert:
Thu – Final Q2 GDP, Weekly Jobless Claims, Durable Goods Orders.
Fri – Core PCE Price Index, Personal Income & Spending, University of Michigan Sentiment (final).
These are the week’s steering currents for USD flows.
A daily close above 97.394 is the key trigger to confirm a fresh leg higher.
• EUR/USD short bias remains valid while DXY stays bid, but expect intraday volatility around data releases.
Price action keeps pressing higher, and a daily close above 97.394 would confirm a classic “fractal low” — the kind of structural pivot that lures late buyers before the real move unfolds.
3 Key Insights
Macro Calendar – Stay alert:
Thu – Final Q2 GDP, Weekly Jobless Claims, Durable Goods Orders.
Fri – Core PCE Price Index, Personal Income & Spending, University of Michigan Sentiment (final).
These are the week’s steering currents for USD flows.
A daily close above 97.394 is the key trigger to confirm a fresh leg higher.
• EUR/USD short bias remains valid while DXY stays bid, but expect intraday volatility around data releases.
Danel Fadejev
Founder, CORE 5 Tradecraft
Measure. Define. Qualify. Authorize. Execute. Protect. Record. Audit. Scale. Repeat.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
Founder, CORE 5 Tradecraft
Measure. Define. Qualify. Authorize. Execute. Protect. Record. Audit. Scale. Repeat.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Danel Fadejev
Founder, CORE 5 Tradecraft
Measure. Define. Qualify. Authorize. Execute. Protect. Record. Audit. Scale. Repeat.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
Founder, CORE 5 Tradecraft
Measure. Define. Qualify. Authorize. Execute. Protect. Record. Audit. Scale. Repeat.
— CORE5DAN
Institutional Logic. Modern Technology. Real Freedom.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
