I’m bearish EurUsd and also in my yesterday’s comment I draw attention to the high probability of a drop under parity.
Indeed, we had this drop and now the pair is hovering around 0.99.
Of course, a rebound is possible and probable from this point on, but don’t confuse this with a genuine reversal.
Instead, use this correction for opening short trades and join this grossly bearish trend .
In my opinion rallies towards parity and slightly above should be sold and only EurUsd back above 1.01 would delay this bearish scenario.
Even is hard to believe for some, we should get used to a stronger USD for the medium to longer term.

GbpUsd- drop to 1.15?

Like most Usd pairs, GbpUsd also dropped and although it didn’t make (yet) a new local low like EurUsd and is trading in support at this moment, in my opinion, the pair will not stop here.
I expect continuation to the downside for this pair and rallies should be sold.
As long as the price is under 1.19 the bears are extremely strong

Gold could correct higher

As I said yesterday, Gold is trading in a very important support zone and a correction could follow.
Although the yesterday’s close was red, we can see that sellers are losing power at this moment.
In my opinion at this moment dips should be bought and we can expect a rise to 1770 keeping in mind 1755 interim resistance