Silver, USD Near Inflection Points
Austria, Denmark, Netherlands and Sweden have agreed that the EU's EUR 750 bn stimulus program will comprise of EUR 390 billion in grants and the rest in loans. It all changed for EURUSD on June 23rd when it held the 1.1180s upon Germany's proposed stimulus. It was on June 23rd when Ashraf called mentioned EURUSD's technical flawlessness.
Key market levelsUS Crude oil sustains the 38.30-41.50s range highlighted in here while DOW30 continue to fail the top of the June 10 gap before dropping towards the 26580s and remaining well above the 200-DMA at 26300.Premium Insights' subscribers were issued a long on XAGUSD at 15.20/50 on May 7th, days before the Gold/Silver ratio broke below 100. The trade hit its final target at 18.30 on June 1st.
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