US CPI will decide the next leg for the USD-Elliott Wave Video
Nov 9, 2022


A lot is going on this week; the crypto market is down after FTX’s liquidity issues after Binance says they are liquidating its holdings of FTX Token. So crypto weakness is not because of USD strength. In fact, USD was down earlier this week across the board after some stabilization on stocks. However, even FX can slow down or shift some of the recent intraday moves, ahead of US CPI tomorrow which can be the main guide for speculators to define buy or sell for the USD.

In a new video below for Orbex, I covered BTC, EUR, GBP, JPY, MXN and even DAX.

Enjoy the video.


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