The dollar index is trading close to 93.65, returned to decline after another failed attempt to grew above 94.00. EURUSD is at 1.1760 and under some pressure after a failed test to gain above 1.1800.
Bullish: Increased demand on stocks markets. Germany Wholesale Price Index rose above expectations on Monday, due to ECB’s Draghi hawkish comments about wages growth in Eurozone.
Bearish: ECB’s the Chief economist Peter Pratt noted that there is nothing new in the comments. Chinese officials warned that it is difficult to continue negotiations whereas the U.S. is putting “a knife to China’s neck.”
Next focus on: U.S. CB Consumer Confidence at 14:00 GMT.
GBPUSD: ⬆️ Buy - GBPUSD reversed from support zone - Likely to rise to resistance…
GBPAUD: ⬆️ Buy - GBPAUD reversed from the support zone - Likely to rise to…
Solana: ⬇️ Sell - Solana reversed from the resistance zone - Likely to fall to…
CHFJPY: ⬆️ Buy - CHFJPY broke resistance zone - Likely to rise to resistance level…
Market Picture The crypto market has been hovering in a narrow range for the past…
FTSE 100: ⬆️ Buy - FTSE 100 reversed from key support level 8425.00 - Likely…
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