Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
USD/CHF: confirmed 'V-Top' pattern
Information is not investment advice
All the Moving Averages have been broken, but there's a 'V-Top' pattern, which has been confirmed. Thus, it's likely that the market is going to test the nearest support at 1.0000 - 0.9989 and the Moving Averages soon. The subsequent pullback from these levels could be a starting point for another advance towards the next resistance at 1.0039 - 1.0051.
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.