Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
USD/CAD: 'Evening Star' pattern
Information is not investment advice
There's an 'Evening Star' pattern, which has been strongly confirmed. It's likely that the pair is going to test the nearest support at 1.3259 and the 55 Moving Average. The subsequent pullback from these levels could be a departure point for another bullish rally towards the next resistance at 1.3531.
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!
GBP/CHF formed a "bullish engulfing" candlestick on the W1. On smaller timeframes, we see a higher low that makes the price action resemble an “Inverse Head and Shoulders” pattern.