Investors want to trade riskier, and dire economic and virus background doesn't stop that. The USD will testify.
USD/JPY: market to test upper 'Window'
Information is not investment advice
There's a local 'Shooting Star' pattern, but the Moving Averages acted as support, so we've got a bullish 'Hammer', which hasn't been confirmed yet. In this case, the market is likely going to test the upper 'Window' (112.65) in the coming days. If a pullback from this level happens next, bears will probably try to achieve the closest support at 110.09.
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!