Market Review: Dollar Collapse Expected, Gold Drop & Euro Targets
In today’s market review for February 26th, we prepare for the US Initial Jobless Claims and discuss a major macroeconomic theme: the impending, "apocalyptic" weakness of the US Dollar.
We analyze Gold’s recent technical breakdown and how Asian and US trading sessions are reacting to the short zones. For the Forex majors, we have massive long-term bullish plans for EUR/USD (targeting 1.1890 and beyond) and GBP/USD (eyeing the 1.4000 liquidity zone), driven entirely by global dollar weakness. We also break down the math behind USD/CAD and why its current bounce is just a temporary correction before a potential historical plunge towards the 1.15 level.
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00:00 INTRODUCTION
00:15 NEWS
00:40 GOLD
01:52 EUR/USD
06:34 GBP/USD
08:30 AUD/USD
08:43 USD/CAD
10:50 USD/JPY
12:37 OIL
14:03 BTC/USD
14:40 U.S. MARKET
15:29 USD/CHF
15:32 CAD/CHF
15:36 AUD/CAD
15:40 NZD/CHF
15:43 AUD/NZD
16:19 EUR/AUD
16:40 EUR/CAD
16:44 SILVER
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