CommoditiesForexMarket Review

The stage has been set


The “pandemic” appears to be something out of 9/11 but with more impact globally. China appears to have strategically weakened the world economies and has now warned about armed conflict with the US over the outbreak of the coronavirus.

China refuses to take the blame for the outbreak even though everything points to it, and we have to question how valid our reporting from the hospitals are since millions this year will be infected with the flu and a great number die as well.

Expect over the coming days a strong dollar, weaker foreign currencies and gold well, let’s say that the metals will go up, but this seems it will take a little longer than expected.

EURUSD: SELL

Our target for the week is 1.0830

GBPUSD: SELL

Our target for the week is 1.2300

USDCAD: BUY

Our target for the week is 1.4285

GOLD: SELL

Our target for the week is 1640.00

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