Opportunities Radar for the Next Week Jul 23 - Jul 28

Monday, July 24th:
7:45 am: The economic data from the United States, known as "Flash Services PMI," is one of the leading indicators that indicates the health of the economy. It is expected that this index will decrease from 54.4 points to 54.0 points. If the result exceeds the deviation of 55 points, it could represent a big surprise for the market and have an impact on the outlook of the Federal Reserve (FED) regarding its interest rate. In that case, it could be an opportunity to buy dollars.

Tuesday, July 25th:
8:00 am: The economic data for Consumer Confidence in the United States is a key indicator of overall economic activity. It is expected that this indicator will increase from 109.4 to 111.5, implying that the US economy will be growing. However, if the result is below 108, it could represent an opportunity to sell dollars, as it would change the economic outlook of the United States from positive to negative.
6:30 pm: The data for the Consumer Price Index (CPI) of inflation in Australia is a crucial indicator for the decision-making of the Reserve Bank of Australia regarding its monetary policy and interest rate. It is expected that this index will decrease from 7% to 6.2%. If the inflation data presents a positive deviation higher than 7%, it could be an opportunity to buy Australian dollars. On the other hand, if the data is below 5.8%, it could represent an opportunity to sell.

Wednesday, July 26th:
12:00 pm: The decision of the Federal Reserve (FED) regarding its interest rate could present an opportunity to buy dollars if it turns out to be more "hawkish" than expected. However, if it turns out to be more "dovish," it could be an opportunity to sell dollars.

Thursday, July 27th:
6:15 am: The release of the European Central Bank's (ECB) minutes on its interest rate decision could provide an opportunity to buy euros if it turns out to be more "hawkish" than expected. Conversely, if it turns out to be more "dovish," it could be an opportunity to sell euros.
6:30 am: The economic data for the Gross Domestic Product (GDP) of the United States is the key indicator for measuring economic growth. It is expected that this indicator will decrease from 2% to 1.7%. If the data shows a deviation greater than 3%, it could represent an opportunity to buy dollars, indicating economic growth instead of contraction. Additionally, the data for unemployment growth in the United States is expected to increase from 228,000 to 235,000. However, if the data shows a deviation below 227,000, it could be an opportunity to buy dollars, as unemployment is one of the most relevant data points in these days for the decision-making of the Federal Reserve (US Central Bank).
9:00 pm: The minutes of the Bank of Japan on its interest rate decision could provide an opportunity to buy yen if it turns out to be more "hawkish" than expected. Conversely, if it turns out to be more "dovish," it could be an opportunity to sell yen.

Friday, July 28th:
6:30 am: The data for the Core PCE Index of the United States is the preferred indicator by the Federal Reserve (FED) to measure inflation in the country. It is expected that this indicator will decrease from 4.6% to 4.2%. However, the opportunity to buy dollars would arise if, instead of decreasing, the index were to increase. This would increase the likelihood of the FED keeping its interest rate low for a longer period, generating greater demand for the dollar.

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