Comments from the Canadian Prime Minister Trudeau on the jump in unemployment numbers. He said the jump has put an unprecedented amount of pressure on the system and that the 500K number is only for this week and compares to the same week last year.

22.2% increase from yesterday The German coronavirus cases has risen to 18,607 from 15,218 yesterday. That is a 22.2% increase on the day.  In other recent coronavirus case statistics:

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Proposed US oil output cuts seen as way to help OPEC broker Saudi-Russia war truce The Wall Street Journal is reporting, that OPEC US shale producers have opened up talks amid the sharp decline in oil prices. The proposed US oil output cuts are seen as a way to help OPEC broker a Saudi &#821

<p>Global stock market crash continues today as total coronavirus cases are set to break 130k level very soon. Sentiments were rocked by US unilateral ban of European travellers, which also prompted EU condemnation. US stock futures hit limit down and stocks are set to follow other markets to open with a gap low. The highly […]

The range is 469 pips and the price rallied close to 400 pips from the close, but still below the 100 hour MA The GBPUSD has a low to high trading range of 469 pips and at the high the price rallied close to 400 pips (high was up 393 pips), but even with that […]

What levels to eye technically The USDJPY is trading near unchanged on the day in what has been an up, down and back up day.&nbsp; The low for the day did move below the 38.2% of the move up from the Tuesday low. That comes in at 109.592.&nbsp; A trend line is near that level […]

Dow and S&amp;P down. The Nasdaq is holding gains but all well off the highs The US stocks are mixed in early trading.&nbsp; The S&amp;P and Dow are trading lower. The Nasdaq is holding onto gains. However all the major indices are well off the pre-market highs.

Bears still in control The NZDUSD for the 2nd day in a row, looked toward the 100 hour MA (and a topside trend line) on the hourly chart and backed off. The 100 hour MA currently comes in at 0.58523. A topside trend line comes in at 0.5866.&nbsp;

Buyers pushing the upside Drilling to the 5 minutes chart, the price declines&nbsp;recently&nbsp;did not develop much momentum on the brakes of the 100 bar moving average (blue line – .&nbsp; &nbsp;The inability to move lower on the little dips below,&nbsp;ultimately gave buyers the go ahead to push higher.&nbsp;