Sunday, August 30, 2020

HELLO, SEPTEMBER! Trading Trends You Can't Miss

Dear Trader,

After a fairly quiet trading month in August, the question now is whether July's volatility will return or the quiet will continue. Typically, the best bet is to expect a long-term trend to resume, which suggests a lower U.S. Dollar and new highs for Gold, Silver, and the EUR/USD currency pair. Our expert analysts broadly agree this month, expecting to see new highs in Gold, and bargain buying at dips in the price of Silver. There is less optimism over the Euro which faces strong resistance at 1.2000.

But don't only focus on currencies - the major U.S. stock market indices have made new all-time highs during August, and with this being one of the few active trends in the market, we have a lot to say about these stock indices.

You can check out our expert analysis asset-by-asset below and find out how to take advantage of all the best current opportunities for profit.

Good luck and happy trading.

EUR/USD Forecast: September 2020
Author: 
Robert Petrucci 28-08-2020

Choppy trading results for the EUR/USD the past two weeks have emerged as selling is highlighted, but is this the end of the Euro's bullish behavior?
READ MORE...

Gold Forecast: September 2020
Author: Christopher Lewis 28-08-2020

Gold markets have been rather choppy during the month of August, but that should not be a surprise given a couple of different factors.
Nasdaq Forecast: September 2020
AuthorRobert Petrucci 28-08-2020

The NASDAQ Composite has now posted a one year gain of 46% as its speculative energy persists.
READ MORE...
Silver Forecast: September 2020
Author: Christopher Lewis 28-08-2020

The silver markets should continue to be very volatile into the month of September, because there are a massive amount of reasons why this market is moving at the same time.
USD/INR Forecast: September 2020
Author: Christopher Lewis 28-08-2020

The US dollar has been drifted lower against the Indian rupee for some time now, but as we drift into September there will be a lot of questions when it comes to whether or not we can continue this move.
USD/BRL Forecast: September 2020
Author: Christopher Lewis 28-08-2020

The Brazilian real is a very interesting currency to watering out, because Brazil has a horrible infection rate when it comes to the coronavirus.
USD/ZAR Forescast: September 2020
Author: Christopher Lewis 28-08-2020

The US dollar has had a rough couple of weeks heading into September against multiple currencies, not just the South African Rand.
USD/PKR Forecast: September 2020
Author: Robert Petrucci 28-08-2020

A profound increase with a stronger support level appears to have occurred on the 5th of August when the USD/PKR put in a low of approximately 166.6600.
WTI Crude Oil Forecast: September 2020
Author: Robert Petrucci 28-08-2020

WTI Crude Oil continues to create a healthier trading resume which is allowing speculators to trade the commodity.
S&P 500 Forecast: September 2020
Author: Robert Petrucci 28-08-2020

The S&P 500 is within record territory and it is challenging optimists and skeptics in unison.
READ MORE...
Happy Trading,
The DailyForex Team
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