Chris Kimble, Founder of Kimble Charting Solutions shares 4 charts that he is keeping an eye on fold gold investors. The USD, Euro and Swiss Franc can all be used as barometers for potential major moves in the precious metals. Follow along with the charts below.
Marc Chandler, Managing Partner at Bannockburn Global ForEx joins me to recap the news of the week and look ahead to next week. It was all about trade again this week as tensions with China remain high but there were some nicer developments with Europe, Japan, Canada, and Mexico. We focus on the moves in currency markets where the US continues to the be the preferred currency. As for next week there are a lot of news and data that will be important to watch.
Chris Kimble, Founder of Kimble Charting Solutions joins me to breakdown the 5 charts below. All with a focus on future metals moves we look to some of the larger currencies that are testing key levels. Follow along with the charts below and click here to visit Chris’s site.
Marc Chandler, Managing Partner at Bannockburn Global Forex recaps Draghi’s comments from yesterday and looks ahead to the main drivers of the market next week. Currency moves have been all over the place this week with Draghi driving down the Euro yesterday and now a Wall Street Journal story that is driving down the USD. As for next week we have Q4 GDP and the Fed meeting that will have an impact on markets.
Doc is with us today to dive into a couple currency charts. We stick to the larger currencies which include the USD, Euro, and Japanese Yen.