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.
Tag - eur
The market sentiment remains risk-off amid rising virus cases around the world and fears over new restrictions and lockdowns.
All the issues point that today the risk-off sentiment will prevail on the market. However, it may change after Powell's speech. Jump in to get fresh trading ideas on gold, EUR/USD, S&P 500 and AUD/USD!
The JPY is the strongest and the NZD is the weakest. Jump in for the fresh analysis!
Which currencies are the most interesting this week? How to trade EUR/USD, GBP/USD, and USD/JPY? Watch the video to find out!
The fears of a second Covid-19 wave and of an insufficient stimulus pulled the global indices down…
The US dollar and the Japanese yen has started the week on the positive footing amid rising new virus cases.
Asian equity markets were subdued, and US equity futures traded choppy after last Friday’s losses on Wall Street.
The U.S. Commerce Department said it will issue an order Friday that will bar people in the United States from downloading Chinese-owned messaging app WeChat and video-sharing app TikTok starting on September 20.
After yesterday's equity sell-off things are looking mixed in the Asian session this morning.
EUR/USD has turned up from the 50-day MA at 1.1715 yesterday. This is a sign that buyers are strong. Still, the short-term resistance line limits the upside at 1.1870.
The USD is mostly steady across the board today - watch the daily market update for key levels!