In today’s market review for Friday, February 27th, we look ahead to the PPI release after yesterday's weak US jobless claims. The US Dollar is under pressure, setting up some intriguing and potentially massive moves across the board!
We analyze the "wild flat" trap forming in Gold and why it's better to stay safe and wait for a clear breakout. For the Forex majors, we discuss our bullish outlook on EUR/USD and GBP/USD, which are absorbing the news well and preparing for an upward impulse. We also cover the flawless execution of our Oil and S&P 500 long setups, the looming 4,000-point collapse in USD/JPY (brace yourselves for the 139.59 target!), and where to catch the correction in Bitcoin near $66,000.
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