Dollar Breaks Through the Important Support / GOLD, EUR/USD overview
Despite Jerome's Powell hawkish speech, the greenback fell on Tuesday as investors returned to investment in risk assets…
Trading plan for February 20
Information is not investment advice
-Traders are waiting for the FOMC Meeting Minutes as the American central bank may provide clues on the future rate hikes. Positive clues will support the USD, lack of clues may pull it down. Check levels for the EUR/USD.
-It seems like XAU/USD has reached strong resistance. Is it a signal of the downward correction or the further rise is more likely? Check ideas on the XAU/USD trading.
-The Brazilian real is anticipated to be highly volatile as the pension reform should be sent to the Parliament today. Approval of the reform will support the BRL, any uncertainties will provoke depreciation. What are the key levels for the USD/BRL?
Similar
Canada Might Increase Key Rate / Trade Idea
On December the 3rd Canada reported a 6% unemployment rate, while the expectations were at a 6.6% level. Less than expected unemployment rate is always hawkish news for the national currency.
Will Oil Prices Hit $50 Soon?
The oil prices have declined this week after the new Omicron strain was identified. What should we expect next from oil?
Popular
EUR/USD, GBP/USD, Gold, Disney: Big Market Overview!
After NFP greatly exceeded expectations, the market players turn their heads to the release of US CPI, which may push the Fed to hike sooner…
Gold bulls are in danger! Market analysis for Jan 31 - Feb 4
For the stock market, January turned out to be the worst month since the market crash in March 2020. There are expectations of rate hikes, another covid wave, and speeding the end of the bond-buying program. What to expect from February and how to trade this week?
Choose your payment system
