Dollar Anticipation: High Impact News Analysis

We are anticipating the release of High Impact News today, which is expected to significantly impact the dollar. With this in mind, I maintain an overall bullish outlook on the dollar. However, before this bullish momentum unfolds, I anticipate a series of market movements.

Initially, I foresee a draw towards filling the liquidity void left by yesterday's volatile move. This would involve a movement towards the H4 Order Block. Following this, I anticipate a temporary bearish draw aimed at mitigating the H1 Order Block and filling its Liquidity Void. Once these steps are completed, I expect the bullish momentum to take precedence, setting the stage for a long-term bullish bias.

Stay tuned for further updates and analysis as the market evolves.

Kind Regards,
The_Architect

Comment:

The Dollar faced adverse developments in recent news. Looking ahead, the upcoming week promises a flurry of high-impact events, notably the Non-Farm Payrolls (NFP) report, renowned for its capacity to shape market trajectories, alongside the Consumer Price Index (CPI) release. As we prepare for these pivotal updates, I extend wishes for a restful weekend and anticipate resuming our engagement with the market dynamics next week.

Warm Regards,
The_Architect