Blogs

Eurozone Sentix Survey crashes to an all-time low as the Eurozone faces a sharp recession. EUR/USD unfazed however.

GBP/USD has picked up from its earlier lows, weighed on by news that UK PM Boris Johnson was hospitalized on Sunday with ongoing coronavirus symptoms.

Saudi Arabia and Russia are “very, very close” to a deal on oil production cuts, Kirill Dmitriev, the CEO of Russia’s sovereign wealth fund Russian Direct Investment Fund (RDIF), said

April 6: World stock markets, despite the bad news, having been rising since this week’s open, after falling last week. However, many analysts believe stocks remain vulnerable to further sharp falls as the economic damage of the pandemic mounts.

USD/JPY: Pivotal point at 109.19

BTC/USD: Pivotal resistance at $7,228

GBP/USD: Price likely to test 1.2300 soon

EUR/USD: Key resistance at 1.0832

The US dollar rallied a bit against the Japanese yen during the trading session on Friday, despite the fact that the jobs number in America was absolutely miserable.

The Euro bounced a bit from a major support level just below the 1.08 handle, an area that I had been calling for a couple of the past videos now.