Technical analysis of EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
Technical analysis of EUR/USD, USD/JPY, GBP/USD, SP500, Gold, Oil and Bitcoin
The precious metal, having lost investors' attention, is looking for ways to regain it.
At the close of yesterday, the US benchmark stock indices finished mixed.
Adjustment of Levels and Targets for the U.S. Session on March 11
The British pound is strengthening against a weakening U.S. dollar.
Bitcoin still shows little appetite to rise and is trading in a range.
The identical reaction of professionals and the crowd shows that there is enough money
Bearish traders are beginning to lose support from geopolitical factors.
Selling pressure is beginning to weaken.
The AUD/JPY pair has been attracting active buying for the fourth day in a row amid a combination of supportive factors. Expectations of an imminent interest rate hike by the RBA next week continue to support the Australian dollar and fuel momentum. Concerns that a sharp rise in oil prices could weaken Japan's economy and increase inflation are putting pressure on the Japanese yen.