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Blueberrymarkets

VIDEO ANALYSIS: USD TO CONTINUE LOWERIn this video update, we digest the comments made by the fomc yesterday and in particular the Fed Chairman Powell suggested rate hikes will be unlikely before the end of 2019. Many economists predicted we would see one more rate hike before the end of the year and they were left disappointed with these comments. Technically the 3hr chart is showing lower lows and lower highs forming so we should expect this to continue into the $95.00 support until the market tells us otherwise.
TVC:DXYShort
by BlueberryMarkets
VIDEO ANALYSIS: GOLD BREAK LOWERIn this video update, we take a look a GOLD as it breaks out of the bearish corrective structure. If we see the FOMC later this evening hint at any form of growth we could see some short-term strength in the USD pushing GOLD prices lower. Technically we can see that price has broken through the bearish channel and re-tested forming bearish price action. If the market can continue lower to break the $1301.00 lows we should consider further declines in the price of GOLD.
OANDA:XAUUSDShort
by BlueberryMarkets