The US dollar will not give the strength to
push gold to 1200 levels and there are no reasons for the EUR / USD and the GBP
/ USD to fall back to levels we experienced earlier in the Greek crisis. And
the British exit
However, those declines represented a
correction that the markets needed, regardless of whether the wave of declines
caused the market makers, who took the weakness of liquidity during the early
trading of this week, to enter large volumes to guide the markets as they want
and then to reflect the trends again. The indicators we rely on to determine
the seriousness of excessive power The dollar did not make us convinced that we
are coming for a golden period for the dollar
On the one hand, the US dollar index did not
keep pace with the 101 levels, the gold did not break near the 1200 levels, so
the JPY could not approach the 111 levels which were previously in support of
the USDJPY
There are many negative signals on the USD pair
against the CHF, and there are attempts to overcome the EURUSD drop, and also
can not say that there is a collapse of the GBP pairs
So we keep a positive outlook for most major
currencies against the dollar as we keep a positive outlook for gold in the
medium and long term
So far it is better to take advantage of the
declines to enter into the EUR, USD, GBP, EUR,
BUY GOLD @ 1310 (ADD 1290) SL 1250 TP 1355 & 1420
BUY EUR USD @ 1.2020 (ADD 1.1950) SL 1.18 TP
1.221 & 1.25
BUY GBP USD @ 1.36 (ADD 1.355) SL 1.34 TP
1.4 & 1.43
BUY GBP JPY @ 149.50 (ADD 148.90) SL 146 TP 152 & 155
BUY EUR JPY @ 131.60 (ADD 130.90) SL 129 TP 133 & 136
Follow-up of recommendations and market
analysis can be followed through exclusive sites to publish recommendations on
Through social platforms
Via your mobile
0 Comments