After yesterday's equity sell-off things are looking mixed in the Asian session this morning.
NZD/CHF reversed from support zone
- NZD/CHF reversed from support zone
- Next buy target - 0.6950
NZD/CHF recently reversed up sharply from the support zone lying between the key support level 0.6830 (which also reversed the price in the middle of March, as can be seen below) and the lower daily Bollinger Band. The upward reversal from this this support zone created the daily Japanese candlesticks reversal pattern Hammer. NZD/CHF is expected to rise further in the active impulse 3 toward the next buy target at the next resistance level 0.6950.
US stock markets tumbled at the opening on Thursday as the Federal Reserve's warnings about a slow recovery from the pandemic.
China’s economy continued its rebound from the coronavirus pandemic, with a round of key data for August all coming in above expectations.
Gold is steadily plummeting for the third consecutive day. Where is the bottom? Let’s find out.
UK's Raab supports that virus restrictions are serious, proportionate
The dollar index was up late Tuesday afternoon in Asia, extending the 0.8% gain in the previous session, when COVID-19 fears and worries over the US Congress’ stimulus impasse drove a selloff across other assets.