As you might have saw the dollar got crushed last week. Could easily see its relative comparison on DXY was it noise dived! Gold remains in a bullish trend bottoming out for now in the 1600s early. Now I do see pullback as it continues the bullish channel for now. As long as these trend lines hold and inflation shows signs of being controlled we could keep going...
gold is looking a bit bearish still we could go all the way below 1800 rates are going off the fear of rates going up last week did cool a bit but the momentum still reamains in the hands of the sellers all attempts to break and hold 1850 have failed
Stronger dollar is holding itself up...We may get another pull back and resume higher....
Crypto.com said it would destroy 70 billion of its CRO tokens, in what it describes as the largest token burn in the history of crypto markets. Now combined with the new flexible staking options on March 19th lots of new people waiting to get into CRO will be able to a flood of new people will start ordering RED, and GREEN Level Cards for sure and other levels...
I see it going up a good deal amount of pips but I would not want to hold it too long after its recent sell off chance after it tries to retest this level it will fall again
Don't rush it yet its testing its level right now let it play out and wait for bearish momentum to be confirmed
Copper showing weakness, will be interesting to see how it plays out with trade and tariffs overall copper looks to be headed down unless it could settle above 3.15 We been in down trend for some time
Major Trend line was breached weeks ago, overall were trading side ways targeting previous highs last month, overall its not a bad bet to put a long term targeting this but that's all I would recommend for now. Market still has many bulls left the economy is still strong, still have a chance for a minor rally, still I would not enter any long positions without...
SEE CHART FOR KEY LEVELS MAY RETEST A FEW TIME FIRST
USD CAD Potential to rally over coming week or too see chart for key levels may test support a few times before picking up momentum
Oil well into 70s is not out of question, higher, and higher lows oils,
At this support level were seeing possibly of a break down to major support
Facebook will either push above 175.00 possibly playing out double bottom, breaking through resistance or fall even further towards 150.00 It would be nice to see some higher volume and a close above resistance 175.00 or Bearish scenario it close below support Mood is neutral, news could drag it either way