Nine “O” Clock
Currency Commodity Report
Metals are steady. US dollar continues to remain weak. US
dollar index flirts with 95.00 key level. US dollar Index is trading below 100
week moving average of 95.40. Bitcoin pared some of its losses on chances of
Bitcoin ETF being approved by US securities exchange commission over the next
few days. Crude oil will break free from $68-$71 trading range and form a new
range. The market is like a sleeping volcano. Under Trump financial markets
have regained lost volatility. Low risk traders should not leave any open
positions for next day (in metals, energies and currencies) both long as well
as short. What will happen tomorrow will be a wild guess and nothing else.
GOOD NIGHT
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