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: still no any reversal pattern
There's still no any reversal pattern. In this case, the market is likely going to test the upper 'Window', which could be a starting point for a bearish correction.
We've got a bearish 'Harami', so there's an option to have a correction towards the Moving Averages. Even so, if a pullback from these lines forms afterwards, there'll be a moment for another bullish rally.
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.