Market Analysis - Gold and Forex
The US Dollar is weakening on the furex market. Gold is rebounding, WTI remains strong - ActivTrades Market Analysis
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Stock Markets still in a bullish mood
After the collapse seen in march 2020, stocks jumped in a massive rally from April 2021. The main trend has not changed yed and stock market started 2021 with favorable trends.
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Gold Forecast for 2021
What could happen to gold in 2021? Gold forecast and analysis
Another good start of the year for gold
As already it happened in 2015 and in 2016, the yellow metal shows some bullish seasonality in the first weeks of the year.
A two-face year for the yellow metal
Gold price reached in the summer a 28-month high above $1,370, before surprising investors with a strong bearish rally which pushed prices below $1,200.
The Dax is overtaking November 2015 high
We said couple of weeks ago “The DAX is waiting for a direction”. The direction arrived in the first few days of December, with a strong positive impulse
The Cable falls below 1.24
The big excape from Gold
Gold is still suffering after the Federal Reserve increased the officials interest rates last Wednesday and reached a new 10-month-low at $1,122.
Glossary
JPY
It is the currency code for Japanese Yen. The symbol of the nipponic currency is ¥.
HUF
It is the currency code for the Hungarian Forint.
EUR
It is the currency code for the Euro. Its symbol is €.
