Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
EUR/USD: price to test closest resistance
Information is not investment advice
There's a 'Shooting Star', which has been confirmed enough. It's likely to have a local upward correction towards the closest resistance at 1.1197 in the coming days. The subsequent pullback from this level could be a starting point for a decline towards another support at 1.1034. If any bullish pattern forms near this level, there'll be a moment to have an upward correction.
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!