Yeterday’s Market WrapToday’s Market ExpectationsToday we will have the manufacturing and services PMI reports from Europe and the US. Although it sta
Yeterday’s Market Wrap
Today’s Market Expectations
Today we will have the manufacturing and services PMI reports from Europe and the US. Although it started with the same reports from Australia, showing stability, although they both remain in contraction, but at least last month’s numbers were revised higher. The Eurozone and UK services figures were released a while ago and showed that activity remained similar to last month, although the service sector is in expansion, the same as in the US. Manufacturing though remains in recession, both in Europe and the US.
Yesterday the volatility was low again, with limited ation in commmodity dollars and Gold, which jumped higher. We opened five trading signals, with two of them reaching the take profit targets, while one reached the SL after the suddenspike in Gold after the soft US manufacturing report.
Has the 50 SMA Turned Into Resistance for GOLD?
XAU/USD – 240 minute chart
MAs Starting to Turn Into Support Ror AUD/USD
AUD/USD – 240 minute chart
Cryptocurrency Update
BITCOIN Returns to $29,000 Again
BTC/USD – 240 minute chart
ETHEREUM Around the 100 SMA
ETH/USD – 240 minute chart
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