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Weekly Forex Forecast – NASDAQ 100 Index, Bitcoin, Gold, Silver, EUR/USD, USD/CAD, USD/JPY, WTI Crude Oil, Cocoa
I wrote on 31st March that the best trade opportunities for the week were likely to be: Long of the S&P 500 Index. This gave a loss of 1.02%. Long of Bitcoin, following a daily close above $74,000. This did not set up. Long of Gold. This gave a win of 4.35%. Long of the USD/JPY currency pair following a daily close above ¥152. This did not set up. Long of Cocoa Futures, but with only half a normal position size. This gave a win of 0.39%. The overall result was a net win of 3.72%, resulting in a gain of 0.74% per asset. Last week saw low directional volatility in the Forex market, which has been relatively low ... (full story)