Watch our weekly market recap to see what the most important price movements were this week and watch the full video for our gold, oil and forex forecasts for next week!
What started out as a pretty great week for the S&P 500 index quickly became disappointing as futures sank 0.19% this morning, obliterating any gains from the last several days. In other news of weekly trading, forex investors are experiencing a similarly bitter end of the week – from the perspective of the US dollar at least.
Namely, in our forex weekly review, the greenback is marking its first losing week in three. Hence, the forex weekly outlook is for other major currency pairs to start seeing gains. Most notably, GBP/USD and EUR/USD are set for bullish breakouts in the forex weekly forecast.
Despite the sinking dollar, however, the gold weekly forecast doesn’t seem as straightforward. There was a partial break above resistance in the gold weekly analysis but the price was quickly slammed back down, as the bulls are now fighting to push it up again. Stay with us as we explain what critical levels to watch in our weekly trading guide.
Watch our full weekly trading forecast to see where this current tendency may lead us in the weeks to come and what the crude oil weekly analysis will reveal about the days ahead. And drop us a line in the comment section below with your thoughts on our crude oil weekly forecast and also share your oil weekly forecast with the community!
Did you like our gold weekly technical analysis? Then please hit the Like button, and don’t forget to share this gold weekly outlook with your friends. And if you’re new to the Capital.com channel, subscribe so you don’t miss out on our next weekly trading plan. And hit that bell button before you go to be informed about our most exciting weekly trading tips!
Watch our full weekly trading forecast to see where this current tendency may lead us in the weeks to come and what the crude oil weekly analysis will reveal about the days ahead. And drop us a line in the comment section below with your thoughts on our crude oil weekly forecast and also share your oil weekly forecast with the community!
Did you like our gold weekly technical analysis? Then please hit the Like button, and don’t forget to share this gold weekly outlook with your friends. And if you’re new to the Capital.com channel, subscribe so you don’t miss out on our next weekly trading plan. And hit that bell button before you go to be informed about our most exciting weekly trading tips!
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