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Derek Frey, “Senior Market Manipulator” and head trader at Forex Traders Daily continues to be bearish on EUR/USD and metals. In an interview on Forex TV, Julie Sinha discusses where the Euro is headed towards the head of the year, and marks the next lows for EUR/USD.
Frey mentions that rallies are opportunities to sell EUR/USD on its way down. Regarding metals, especially silver, Frey sees more downfalls also there. What is moving metals? Their behavior has been somewhat bubblish and independent of other moves in the market or reality if you wish. Frey marks the next levels for gold and silver, but warns of the impact of inflation on the price of metals.

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