Canadian Markets : Gold CAD S&P/TSX 60 Stock Prices

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■ Canadian Markets : Prices forecast table - Gold (XAU/CAD), Silver (XAG/CAD), US dollar to Canadian dollar rate (USD/CAD), Euro to Canadian dollar rate (EUR/CAD), Great British Pound to Canadian dollar rate (GBP/CAD), S&P/TSX 60 Stock Prices.

2020-2025 EUR/USD Euro to US Dollar rate Long term forecast - down to 0.895

Will the euro be strong?
Can the euro be relatively stronger against the US dollar?
It will not be, because it can't be.

In the long run, the euro will fall deeper, down to around 0.895. In the medium term, the EUR/USD (euro to dollar rates) are likely to move between 1.05 and 1.155. In the short term, they are likely to move between 1.10 and 1.15.

There may be few people who would disagree that the U.S. dollar is collapsing. The falling of EURUSD rates means the euro is collapsing worse than the dollar. Many people don't seem to feel this.

[EUR/USD rates monthly chart]

Trading Strategy : Euro and Forex - June 2020

June 10 (Wed) (EST)
Euro FX (EUR to USD rates) : SELL, Entry 1.132, Target 1.1 (0.032, +2.83 %), Stop 1.1423 (0.0103, -0.91 %), Note : The rebounding of EUR/USD rates seems to be over. Now, it's time to find a selling opportunity. The decline is expected to be very big and fast. Posted at 23:15 June 10 (Wed) (EST).

Monday, Jun 8, 2020 EST   
GBP USD (British Pound) : SELL, Entry 1.2628 Target 1.241 (+1.73%)
AUD USD (Australian Dollar) : SELL, Entry 0.696 Target 0.6666 (+4.22%)

Sunday, June 7, 2020 EST
Euro FX (EUR to USD rates) : SELL, Entry 1.1295, Target 1.1149 (0.0146, +1.29 %), Stop 1.1385 (0.009, -0.8 %), Note : The rebounding of EUR/USD rates seems to be over. Now, it's time to find a selling opportunity. The decline is expected to be very big and fast. Posted at 23:16 June 7 (Sun) (EST).

Trading Strategy : Dow Jones and Stocks - June 2020

Sunday, Jun 14, 2020 EST
Stock index futures : The rebound seems to be over. However, it is not clear yet whether the trend has turned downward. Important prices to determine the future direction may be 25230 in Dow futures (CME CBOE: YM), 2976 in S&P 500 futures (CME: ES), and 9450 in NASDAQ 100 futures (CME: NQ). There are likely to be fierce battles at those price lines.

June 10 (Wed) (EST)
E-mini DOW Futures (CME CBOE: YM) : SELL, Entry 27143, Target 25000 (2143, +7.9 %), Stop 27625 (482, -1.78 %), Note : The rebounding of stock indexes seems to be over. Now, it's time to find a selling opportunity. Posted at 07:00 June 10 (Wed) (EST).

Sunday, June 07, 2020
Stock indexes are likely to rise higher. Dow futures (CME CBOE: YM) will go up to 29100 in the short term.

What so-called they can do is to print dollars, and it will push the stock indexes higher. As everyone knows, the economic situation is very bad and countless people are losing their jobs. However, the stock mark…

XAGUSD Silver prices forecast : key prices $18.5 and $16.5

Will the price of silver fall significantly?
I don't think so.

Silver prices look like being in the process of preparing for a big rise. It's likely to take three months or so. The key prices are $18.5 and $16.5. I'll wait and see until they build a foothold on the $16.5 and breakout $18.5. It would be better to wait for a stable time to buy, rather than entering a chaotic market like now.

[XAG/USD, Spot Silver prices monthly chart]

Trading Strategy : Gold and Commodity - June 2020

Saturday, Jun 20, 2020 EST
Gold (XAU/USD, Spot Gold) : BUY the Breakout, Entry 1754, Target 1885 (131, +7.47 %), Stop 1713 (41, -2.34 %), Note : Gold prices are attracting people's attention. The gold is moving for signaling that it will start a new high. Posted at 00:38 June 20 (Sat) (EST).

Sunday, Jun 14, 2020 EST
Gold (XAU/USD) : There is likely to be a very fierce fight next week. Key point will be whether next week's closing price will be below 1670 or not. However, it would be better to pay more attention to the rising than to the decline. 

Thursday, Jun 11, 2020 EST
WTI (CME NYMEX: CL Futures) : SELL, Entry 37.93 Target 29.5 (+22.23%)

Wednesday, Jun 10, 2020 EST
Silver (Spot Silver, XAG/USD) : SELL the Breakdown, Entry 17.46 Target 15.85 (+9.22%)
Cocoa (ICE US: CC Futures) : SELL, Entry 2430 Target 1926 (+20.74%)

Sunday, Jun 7, 2020 EST
Gold has fallen for a few days. There seems to be a possibility of falling to $1600. However, rather than that, they may stop falli…

USD/CNY US Dollar to Chinese Renminbi Yuan rates forecast - up to 7.38 and 7.73

Market : Chinese Renminbi Yuan rates (USD/CNY Forex)
Trade : BUY the Dip
Entry : 7.065
Target : 7.38 (0.315, +4.46 %)
Stop : 6.96 (0.105, -1.49 %)
Date : May 20 (Wed) 05:15 (EST)
Note : The U.S. dollar is likely to be relatively strong against Chinese Renminbi Yuan. USD/CNY rates are expected to rise up to 7.38, and if the upward trend is strong, they will rise up to 7.73 level. The support line is 6.96. People say it's because the United States is provoking war with China. I don't know whether it is or not. Anyway, they are likely to rise.

[USD/CNY rates monthly chart]