Commodity currencies came down to earth. Forecast for AUDUSD, NZDUSD and USDCAD as of 01.03.2021
The most serious market movements occur when euphoria is replaced by panic. The collapse of AUDUSD, NZDUSD, and USDCAD confirms this. What will happen to commodity currencies? Let us discuss the Forex outlook and make up a trading plan.
Quarterly commodity currencies fundamental forecast
What happened in Forex at the end of winter is another example of a sharp change in market trends. Investors have enjoyed the success they have achieved, seriously hoping that massive monetary stimulus and inflation will trigger a new supercycle in the commodity market. Speculative net longs of 20 commodities have been updating all-time highs for five consecutive weeks, and... Read full author’s opinion and review in blog of #LiteForex http://amp.gs/QfB0
