View full page at forexfactory.com

 

Dow Jones, USD/CAD, Gold & More: Charts for Next Week

From dailyfx.com Watch this video at https://www.forexfactory.com/news/983470-dow-jones-usdcad-gold-more-charts-for.

Dow Jones is in historically oversold territory with only a handful of times in the last 40 years being so overdone when looking at the short-term. The Dow futures are off nearly 13% over the course of the last five sessions, a threshold not seen since the depths of the financial crisis. A bounce is due, and with growing chatter about possible emergency measures by central banks it could be a big one. We will take it one day at a time, but a bounce is seen as happening sooner rather than later ...

Story Stats

  • Posted:
  • Category: Technical Analysis