Tuesday, March 20, 2018

Market analysis March 20 till end of the week


Our expectations for the pound levels against the US dollar and the Japanese yen have been validated as we await consecutive gains for GBP
Gold also kept over 1300 level despite of news of successive gains for the US interest
The EUR seems to be broadly strong and managed to maintain a low of 1080 against gold, suggesting that the Euro remains strong against the Dollar and the Japanese Yen
This week we have a lot of economic data so we prefer to keep the following pairs open positions


Euro USD

Euro JPY

Pound Yen

Pound USD

Franc Yen

Gold against the dollar

Gold vs. Euro


Opportunities for trading during the day are as follows

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