Macro

Elliott Wave Live: Dollar Can Resume Higher As Oil Rebounds?Jul 13, 2026

Hey traders,
this week will be all about inflation, earnings, and the Middle East. We have US CPI tomorrow, followed by PPI later in the week, while the Q2 earnings season officially kicks off with the big banks. Over the weekend, tensions in the Middle East pushed oil higher, which is one of the main reasons stocks are under some pressure today. Keep an eye on crude oil, US yields, and the dollar, as they will likely continue to lead the markets this week.

In my latest webinar below, I talked about importance of a US yeilds and crude oil recovery which can send USD index even higher. At the same time stocks can stay ranged. But cant say the same for cryptos. Big important level for this week on Bitcoin is at 61k.

Grega

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