Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
EUR/USD: main trend still bearish
Information is not investment advice
The main trend is bearish, there's also a 'Harami' pattern, which has been confirmed. So, the market is consolidating around the 'Window'. It's likely to have a local correction towards the 34 Moving Average (1.1360). If a pullback from this level happens next, there'll be a moment to have another decline towards the next support at 1.1164.
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!