Elon Musk has lost $50 billion in a day due to the Tesla plunge, Bitcoin is in consolidation and we know its next move, gold is reacting to the $1830 level. Check our daily trading video to get the best from this trading session!
GBP/JPY Analysis: hovering inside a demand zone
There is a bearish cycle ongoing across the board in the GBP/JPY pair and it seems that a bottom has been established. Will we see further rebounds?
The whole market is waiting for the US job data…
The Federal Reserve announced tapering of its monthly bond purchases…
Gold is about to break the most significant support. The US dollar index keeps gaining momentum. However, the situation might change this week, and we might see a tiny correction. Investors might return to risk-on and push the US stock market indices and cryptocurrencies to the upside. These and more trade ideas are in our new weekly video! Do not miss it!
This week is likely to be pivotal for many assets, including gold, USD, and several stocks. However, we need to be focused and react fast to the ever-changing environment to get the most from it.
This week, the majors will be affected by the interest rate decision by the Federal Reserve, NFP, the BOE Meeting, and more events.