Weekly Market Research: Gold, Ripple, and Broadcom Set for Breakouts Amid Key Economic Shifts

A lot in Forex trading basically refers to the size of a trade or the amount that a trader trades at any given time.

With the surge of a second wave of infections and rise of geopolitical tension in Asia, we could see flows into safe havens. Long Gold?

The progress of the economy reopening continues to weigh on risk assets, short USD/JPY this week?

With the potential second virus wave and a lockdown, US stock futures could slide lower. Short SPX/USD?

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With Powell reinforcing their dire assessment of the country’s economic prospect for the coming years, safe-haven assets could continue to rise. Long gold?

With the market expecting Fed to act slightly neutral, dollar could rise higher this week.

Just like any investment vehicle, there are also risks and rewards in Forex trading. After all, both the base currency and denominated currency can appreciate or depreciate, depending on the movement...

With investors looking past all data weakness and in favour of the economy re-opening and expectations of strong 2H growth, EUR/USD rally could end. Short EUR/USD?