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Weekly Forex Forecast – EUR/USD, NZD/USD, USD/CAD, S&P 500 Index, NASDAQ 100 Index, Silver, Gold

From dailyforex.com

The major takeaway from the week was increasing strength in the US economy, but the week ended with renewed fears that something will happen soon to spoil the stock market party, whether it is stubbornly firm US inflation, a potential miliary clash between NATO and Russia, or a simple extreme overvaluation which is bound to come crashing back to earth soon. An impending recession in New Zealand is also on the radar, although globally speaking this isn’t a big deal, but it certainly is making a continuing impact on the New Zealand Dollar, which fell again last week. There were new record highs in Gold, and in the ... (full story)

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  • Category: Technical Analysis