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  • 🇿🇦 Balance of Trade (JUN) Actual: ZAR57.68B Expected: ZAR52B Previous: ZAR54.6B https://www.dailyfx.com/economic-calendar#2021-07-30
  • 🇧🇷 Unemployment Rate (MAY) Actual: 14.6% Expected: 14.5% Previous: 14.7% https://www.dailyfx.com/economic-calendar#2021-07-30
  • Heads Up:🇿🇦 Balance of Trade (JUN) due at 12:00 GMT (15min) Expected: ZAR52B Previous: ZAR 54.6B https://www.dailyfx.com/economic-calendar#2021-07-30
  • Heads Up:🇧🇷 Unemployment Rate (MAY) due at 12:00 GMT (15min) Expected: 14.5% Previous: 14.7% https://www.dailyfx.com/economic-calendar#2021-07-30
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  • Russia's Novak - The need for oil is increasing with oil consumption on the rise - OPEC+ output hike of 400kbpd/month is adequate
  • 🇲🇽 GDP Growth Rate YoY Prel (Q2) Actual: 19.7% Expected: 19.8% Previous: -3.6% https://www.dailyfx.com/economic-calendar#2021-07-30
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Silver are long at 92.48%, while traders in Wall Street are at opposite extremes with 71.54%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/1fcDULHaI1
  • Heads Up:🇲🇽 GDP Growth Rate YoY Prel (Q2) due at 11:00 GMT (15min) Expected: 19.8% Previous: -3.6% https://www.dailyfx.com/economic-calendar#2021-07-30
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Jamie's Pick: 06/21/12

Jamie's Pick: 06/21/12

Jamie Saettele, CMT, Sr. Technical Strategist

The next USDJPY bull leg appears to be underway. 7980 is now support. We are at what may be interim resistance but the first real test will come near 8075.

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