CommoditiesForexMarket Review

Light trading

Today is NFP day, which means markets are generally more unpredictable. While we expect a weaker dollar sending foreign currencies higher as well as gold, we need to be mindful that today is Friday and the NFP numbers are going to send the markets into a tailspin.

We are keeping an eye on gold, and from next week we will look at the stock market a bit as we are expecting a crash there, the metals should rise with this crash as a result.


EURUSD: BUY

Our target is 1.0940

GBPUSD: BUY

Our target is 1.2490

USDCAD: SELL

Our target is 1.3850

GOLD: BUY

Our target is 1750.00

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