In this article, we will be reviewing the calls we made in July. In the month of July, we made just 4 calls. Our first call was for the Euro-Dollar currency pair. On the 14th of July, we forecasted that EURUSD might bounce to a new resistance at 1.07657. This call is still valid and is currently in progress.
On the 15th of July, we forecasted that stock market index, Dow Jones, would rally to $31,000. This call was accurate. On the 19th of July, we forecasted that Gold’s price will break to the $1676 support level to the downside. The price broke that support level just as we forecasted.
Our last call for the month was for instant messaging app, Snapchat. Our analysts forecasted that Snapchat’s share price would rally above $20. This call missed its target.
Some of these ideas are in our clients’ portfolios. To understand if this one can work for you or for help to invest your own wealth, talk to our advisors at FM Capital Group. Would you like more information on how to get currencies in your portfolio? Schedule a meeting with us here.