Weekly Market Recap and New Week Outlook : APRIL 16, 2021 скачать в хорошем качестве

Weekly Market Recap and New Week Outlook : APRIL 16, 2021

Here is our video about the Weekly Market Recap and Next Week’s Outlook. The weekly trading plan was affected by FED’s repeating its statement on keeping interest rates low. Apparently, the market is pricing that dovish stance and the dollar continues to lose momentum. US bond yields are easing while the stocks like S&P500 are marking new highs. Our weekly trading forex outlook was influenced by Fed Chair Jerome Powell saying on Wednesday that the US central bank will reduce its monthly bond purchases before it commits to an interest rate hike. According to our forex weekly forecast, that is seen by the market as a continuation of their loose monetary policy, therefore further declines are expected for the dollar. The forex weekly review is also marked by the dollar index dropping to a four week low at 91.49. Our forex weekly outlook sees more potential losses for the dollar index and bond yields next week. The crude oil weekly analysis is showing a different picture from the dollar. Oil prices rose to fresh four week highs on Thursday on optimistic US economic data and higher demand forecasts from IEA and OPEC. The crude oil weekly forecast is therefore boosted. The oil weekly forecast is also supported by countries starting to recover from the COVID-19 pandemic. The Gold weekly analysis also points to recovery for the precious metal. It pushed back resistance level around $1760 and now it’s moving towards the $1800 area, trading currently at $1781. The Gold weekly technical analysis shows that a break above $1800 would open the door for $1846 - next resistance zone according to the daily chart. The Gold weekly forecast hints that we can see $1800 next week and beyond. Watch the full video for our take on Gold weekly outlook and a deeper insight into what to expect in the weeks ahead from our weekly trading forecast. Drop us a line in the comments with your thoughts on our weekly trading tips. To be notified about the latest weekly trading guide and news, subscribe to Capital.com, and click that notification bell. #GoldPrice #OilPrice *** Explore trading and start investing with Capital.com. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.2% of retail investor accounts lose money when trading spread bets or CFDs with this provider. You should consider whether you understand how spread bets CFDs work and whether you can afford to take the high risk of losing your money.