CommoditiesForexMarket Review

Markets are deeply consolidated

The longer the level of consolidation and back and forth motion goes on the more dramatic the move out will be. While we are expecting higher prices in foreign currencies against the dollar there are a few key levels we see being hit beforehand.

We will outline once again those levels as we expect to go into today and the NFP week next week to this hit before, although if certain levels are broken today then we will discard our short term view.

We will keep you posted with market updates 


EURUSD: SELL

Our target is 1.0890

GBPUSD: SELL

Our target is 1.2143

USDCAD: BUY

Our target is 1.3952

GOLD: SELL

Our target is 1680.66

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