Commodities outlook: oil and gold
What are the projections for the oil and gold prices? Let's discover that in the review for commodities.
GBP/USD: a U-turn at lower levels?
Information is not investment advice
GBP/USD was above 1.37 a while ago, spent some time there, and went downwards. We were correct to expect that it would reverse the gains adn go down. 1.3650 seems to be the target for bears now. What will they do?
Primary scenario: the bearish wave will not exhaust itself until it goes through the support channel 1.3630 - 1.3650; after that, GBP/USD will get back up to 1.37 and beyond.
Secondary scenario: GBP/USD drops lower to 1.36 and takes much more time between 1.36 and 1.3650.
Gaspar Markosyan
Similar
Forex majors: short-term and long-term
Discover the outlook for EUR/USD, EUR/GBP, and GBP/USD.
CAD strengthened after oil surged
Oil prices surged Wednesday, with a sharp fall in US crude stockpiles adding to increased optimism the reopening drives in Europe and the US will boost overall fuel demand.
Popular
Commodities outlook: oil and gold
What are the projections for the oil and gold prices? Let's discover that in the review for commodities.
NFP Cheat sheet. How not to miss good trades?
Non-farm payrolls will come out on Friday at 15:30 MT (GMT+3). Let's get ready together!
Forex majors: short-term and long-term
Discover the outlook for EUR/USD, EUR/GBP, and GBP/USD.
Choose your payment system
