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Weekly Forex Analysis May 9th – 13th, 2022 – We Identified Multiple Key Zone on FX Pairs

Interesting opportunities in metal commodities

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In the trading rooms, we will all interact, scan and analyze the markets, trade, ask questions to each other, and share market visions and trading opportunities.

In today’s trading room, we highlighted the huge sell-offs last week on the whole capital markets after the FED and other central banks raised their interest rates. The fear of high inflation is continuing.

This led to the DXY (Dollar Index) rising and making a 20-year high in fighting inflation. However, the Dollar still stands at a yearly supply zone, and we may have a consolidation structure created before any other important moves.

As the macro-economic environment stands under a risk-off environment, some opportunities in metal commodities can be highly rewarding from a long-term perspective.

Finally, we Identified Multiple Key-zone on FX pairs, such as GBPAUD, USDCAD, and EURUSD.

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This post first appeared on The 5ers. - Funding Forex Traders, please read the originial post: here

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Weekly Forex Analysis May 9th – 13th, 2022 – We Identified Multiple Key Zone on FX Pairs

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