Gold has started a remarkable downside correction and stands on the key 23.6% retracement area after a failure to hold the 38.2% retracement area.
USD/JPY: 'Hammer' led to bullish rally
The price has been rising since the last 'Hammer' was formed. However, the pair is approaching the upper 'Window', which could be a departure point for a bearish correction.
The price went through the 'Window', so there's a new local high. It's likely that the market is going to continue moving higher until any reversal pattern forms.
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.