Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
AUD/USD: Moving Averages acting as resistance
Information is not investment advice
There's a 'Triple Top' pattern, which has been confirmed, so the price moved higher, but the Moving Averages are acting as resistance. The main target is the next resistance area at 0.7198 - 0.7234, which was tested before. If a pullback from these levels happens little later on, the market could go back to the Moving Averages.
The Canadian employment change has been published together with the US PPI. Don't miss the best chance of this week!
Yellow metal has become the best performing asset during the coronavirus. Some analysts foresee it will reach $2 000.
EUR/JPY is likely to move further within an uptrend. Look for the break out above 121.55!