Forex Majors,10-year yield and the CRB ELLIOTT WAVE UPDATE March 31, 2020

By Fernando Luna at

Hey guys, the 10-year yield has slipped back down trading at the .684 this morning. The CRB and Oil are sliding towards last week’s lows. Oil is testing critical support again! The CRB is no better. Commodities suffering. The CAD is weak along with the Aussie and Kiwi. But the majors could be turning on the buck. The index is in limbo now having falling back down below the 100.00! So to sum up, Pound, Fiber, Franc, and Yen all looks strong while the commodity bunch look weak.

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