Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
USD/JPY: market to reach upper 'Window'
Information is not investment advice
The market is still consolidating between two 'Windows'. Also, there's a bullish 'Doji', which has been confirmed enough. Considering that the price fixated above the Moving Averages, it's likely that the pair is going to test the upper 'Window' (112.65) soon. If a pullback from this level happens next, there'll be a moment for another decline towards the lower 'Window' (109.69).
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!