The USD is correcting after a massive decline. Which levels to expect today? How about oil? Watch the video to find out!
The USD is correcting after a massive decline. Which levels to expect today? How about oil? Watch the video to find out!

Let’s review the most interesting topics and instruments that will be in the center of traders’ attention this week.
JPY and EUR are the only bastions of resilience amid the sell-off mood of the market; gold is up to $1700, oil is a real problem…
More coronavirus cases resulted in risk aversion and weakness of the USD.

EUR/USD has reached December high at 1.1240 and is actively testing levels above it. The picture at the chart changes very fast.
Central banks are making a big impact on the market. What does it mean for EUR/USD, USD/JPY, GBP/USD, AUD/USD, and USD/CAD?

The US dollar drops to strategic lows against the Swiss franc. Will that keep going on?
US Fed cut the interest rate by 50 basis points, USD goes mostly sideways against other currencies, EUR gets stronger; OPEC meets on March 5 to prevent slumping of the oil price…

USD loses its positions on the market, the pressure on it increases. What will the US Fed do?
The G7 phone conference will highlight the trading session today

As the market expected, the Reserve Bank of Australia has cut its interest rate from 0.75% to 0.5%. AUD/USD rallied on the news as the decision had been priced in.

Is EUR going to break the 2-year downtrend?
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!