Market Preview - Technicals, Fundamentals and Data

Morning team,

Welcome to my first weekend market preview!

This preview features a collection of key higher time frame charts, the themes expected to move markets and the high impact economic releases to watch out for.

If you have any questions or comments around what you like or what I should be doing, then leave a comment or reply to any of my daily emails.

Best of probabilities to you,

Dane.

Technical Analysis

Here are the key higher time frame charts that I'm following.

Note that these markets are just a collection of the key markets I'm following, featuring narratives that place them in-play.

AUD/USD

Daily:

• Higher time frame bearish trend.
• Below higher time frame support/resistance

Hourly:

• Intraday retest of short term support turned resistance

EUR/USD

Daily:

• Higher time frame bearish trend.
• Higher time frame support holding, but turning bearish.

GBP/USD

Daily:

• Higher time frame bearish trend.
• At higher time frame resistance.

USD/CHF

Daily:

• Higher time frame support holding.

Hourly:

• Intraday retest of short term resistance turned support.

BTC/USD

Daily:

• Higher time frame bullish trend.
• At higher time frame support.

Hourly:

• Intraday retest of short term resistance turned support.

Fundamental Themes

• US-China trade war.
• Yield curve inversion and risk of recession.
• Hong Kong-China protests and reaction.
• Argentinian markets.
• Jackson Hole next weekend.

Economic Releases

Monday:

Tuesday: AUD Monetary Policy Meeting Minutes

Wednesday: CAD CPI m/m

Thursday: USD FOMC Meeting Minutes EUR French Flash Services PMI EUR German Flash Manufacturing PMI EUR German Flash Services PMI

Friday: NZD Retail Sales q/q CAD Core Retail Sales m/m

Saturday: USD Fed Chair Powell Speaks All Jackson Hole Symposium

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