my calls:
EURUSD: Current V-shaped recovery will take it towards 1.2500 by first or second week of April. Break below pivot 1.1250 was fake (and stop grabber) so now market is going to make a break above 1.1550. Fundamental reason behind the move: Everyone and his grandma is shorting EUR to collect the rollover+depreciation profits over the long term, given that US is in better shape than EU. Hedge funds are gonna be the most affected by this domino fall. Target for the end of the domino fall is May-June with top target on EUR at 1.3200
GBPUSD: going to close the week at 1.2650, then uptrend
Gold: 1520 from here, then correct to 1380
EURUSD: Current V-shaped recovery will take it towards 1.2500 by first or second week of April. Break below pivot 1.1250 was fake (and stop grabber) so now market is going to make a break above 1.1550. Fundamental reason behind the move: Everyone and his grandma is shorting EUR to collect the rollover+depreciation profits over the long term, given that US is in better shape than EU. Hedge funds are gonna be the most affected by this domino fall. Target for the end of the domino fall is May-June with top target on EUR at 1.3200
GBPUSD: going to close the week at 1.2650, then uptrend
Gold: 1520 from here, then correct to 1380