Market overview FX: GBP loses 0.4% on BoE’s fears around the effects of trade wars; JPY and CHF rose due to demand for safety bonds. Stocks: SPX plies near the highs in anticipation of further signals. ChinaA50 retreats from two-month highs. Commodities: Brent loses 3.5% despite OPEC+ support current quotas until March 2020. Gold back to the highs, jumping by 2.6%. Crypto: the Crypto Market turned to growth after a deep correction. Bitcoin rose by 16% over last 24h to $11400.
Important upcoming events (GMT): 08:00 EU [!!] Services PMI 08:30 UK [!!] Services PMI 12:15 US [!!!] ADP Employment report 14:00 US [!!!] Non-manufacturing ISM
• Central banks prefer to pause. • The strengthening of the dollar prevented gold from…
Market Picture The crypto market set another trap for bulls yesterday afternoon, jumping to $3T…
JPMorgan Chase: ⬇️ Sell - JPMorgan Chase reversed from resistance area - Likely to fall…
EURUSD: ⬇️ Sell - EURUSD reversed from resistance area - Likely to fall to support level…
AUDJPY: ⬆️ Buy - AUDJPY reversed from support area - Likely to rise to resistance…
Palladium: ⬆️ Buy - Palladium broke multi-month resistance level 1600.00 - Likely to rise to resistance…
This website uses cookies
