CommoditiesForexMarket Review

The dollar is still king, for now…

The reason the analysis is so heavily dollar-based is simple, the dollar is still the worlds reserve currency and therefore what happens to it and those that it is paired with is crucial not only to be informed but for the best market opportunities.

The focus at the moment is still between the US and China and now with the added civil unrest in the country standing off to the police force and creating a small militia. Essentially everyone is strapped and the violence and crime no longer have anything to do with the death of George Floyd, but this is the perfect blueprint to a lockdown!

Stay tuned, today we could see further dollar weakness at the start of the day but we are expecting to see a stronger dollar before the end of the week.


EURUSD: SELL

Our target is 1.1070

GBPUSD: SELL

Our target is 1.2330

USDCAD: BUY

Our target is 1.3658

GOLD: SELL

Our target is 1680.00

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