City Traders Imperium CTI
CTI-funded trading platform
Hope you're doing great! Quick heads up: snag a cool 50% off on the next 1000 purchases of our 2.5k Challenges. Just punch in CTI50%OFF at checkout. Act fast, they're flying off the shelves!
Now, onto the nitty-gritty:
Fundamental Updates:
This week, all eyes are on the U.S. as we eagerly await the Q4 GDP stats dropping on Thursday. Forecasting a solid 1.8% growth, but the Atlanta Fed's bold prediction of 2.4% could shake things up. If it holds true, brace yourself for potential dollar boosts and a rethink on those Fed rate cut expectations.
Keep an eye on the Core PCE price index on Friday – could be a game-changer for the Fed outlook.
Technical Analysis:
DXY is dancing at the top of the resistance zone, playing hard to get. On the 4hr, a bullish channel might signal a rally continuation, but let's not jump the gun. Bears, to stay in control, gotta break that 4hr trendline.
What to Look For:
- Wednesday: Manufacturing and Services PMI at 14:45
- Thursday: Q4 GDP and unemployment claims at 13:30
- Friday: Core PCE at 13:30
For the full scoop, hit the link.
And don't miss a beat – follow us on YouTube, Twitter, Instagram, Facebook, Pinterest, and TikTok for updates and giveaways.
Stay sharp!