Friday Market Review: Dollar Weakness, Bitcoin Drop & Huge USD/JPY Targets
In today’s market review for Friday, February 27th, we look ahead to the PPI release after yesterday’s weak US jobless claims. The US Dollar is under pressure, setting up some intriguing and potentially massive moves across the board!
We analyze the "wild flat" trap forming in Gold and why it’s better to stay safe and wait for a clear breakout. For the Forex majors, we discuss our bullish outlook on EUR/USD and GBP/USD, which are absorbing the news well and preparing for an upward impulse. We also cover the flawless execution of our Oil and S&P 500 long setups, the looming 4,000-point collapse in USD/JPY (brace yourselves for the 139.59 target!), and where to catch the correction in Bitcoin near $66,000.
A free consultation with a Personal Trading Consultant. Follow the link, fill out the callback form, and gain access to exclusive offers and special trading conditions.
👉https://ifxpr.com/enconsultations
00:00 INTRODUCTION
00:15 NEWS
00:49 GOLD
02:24 EUR/USD
03:59 GBP/USD
05:16 AUD/USD
05:30 USD/CAD
06:20 USD/JPY
07:16 OIL
07:59 BTC/USD
09:05 U.S. MARKET
10:02 USD/CHF
10:08 CAD/CHF
10:17 AUD/CAD
10:23 NZD/CHF
10:26 AUD/NZD
10:34 EUR/AUD
10:41 EUR/CAD
10:45 SILVER
www.instaforex.com – reliable Forex broker since 2007
📈 Want to put your knowledge into practice?
🔹 Open a demo account:
👉 https://ifxpr.com/ifxdemo
🔹 Ready to trade on a real account?
👉 https://ifxpr.com/register
#InstaForex #MarketAnalysis #Gold #Bitcoin #USDJPY #SP500 #Forex #Trading #DollarWeakness
