Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
USD/JPY: market still moving sideways
Information is not investment advice
The market is still moving sideways. There's a bullish 'Doji' pattern, which has been confirmed. Thus, the pair is likely going to test the upper 'Window' (112.54). The subsequent pullback from this level could be a starting point for a downward correction in the direction of the lower 'Window' (109.38).
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.