Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
NZD/USD: 'Triple Top' pattern
Information is not investment advice
We've got a 'Triple Top' pattern, which led to the current decline. Also, there's a 'V-Top', so the market is likely going to continue declining. The main bearish target is the next support at 0.6587 - 0.6572. The subsequent pullback from this level could be a starting point for a larger 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!