It is true that this is one of the most volatile assets, and it can be used to create a sufficiently profitable and promising business plan. Also, you can always find some strong events in the economic calendar that are related to either the dollar or the euro, which means that you can always include fundamental analysis in your work.
Well it is Friday already and I see no point to trade today. My target 1.1711 was not reached. The market turned its movement. For now I am waiting for Monday. Perhaps the market will go to sell again.
Asian shares subdued as S&P slips, virus surges. The Shanghai Composite is down 0.92% at 3,247. Overall, the Singapore MSCIdown 0.75% to 289.6. Over in Hong Kong, the Hang Seng Index up by 0.54% to 24,918. In Japan, the Nikkei 225 down0.08% to 23,495, while the Topix index was down0.25% to 1618.5. South Korea’s Kospi up 0.42% to 2,350.99. Australia S&P/ASX 200 down0.18% to 6155.6.
European equities Friday closing. The DAX futures contract in Germany traded 0.82% up at 12645.75, CAC 40 futures in France down 1.2% at 4909.6 and the UK 100 futures contract in the U.K. down 0.81% to 5827.5.
In U.S. on Wall Street, the Dow Jones Industrial Average closed down0.10% to 28335.6, the S&P 500 up 0.34% to 3465.4 and the Nasdaq Composite down0.75% to 129.12,NYSE closes at 13199up0.41%.
In the Forex market, GBPUSD down 0.15% at 1.30213. The USDJPY up 0.21% to 104.905 .The USDCHF up 0.09% at 0.90518.EURUSD down 0.21% at 1.18322, EUR/GBPdown 0.11% at 0.90866. The USD/CNY up 0.04% at 6.6869, at the time of writing.
In the commodity market U.S. Gold futures flat down 0.41% $1,897.2. Elsewhere, Silver futures down 1.66% to $24.275 per ounce, Platinum down1.75% at $890.8 per ounce, and Palladium down 0.65 % to $2,383.
Crude Oil down on Friday, Brent crude futures (LCOc1) down1.73% to $40.94 a barrel while U.S. West Texas Intermediate (CLc1) futures is down1.72%, to $39.03.
In the Cryptocurrency Markets, BTCUSD at 13113up 0.57%, Ethereum at 407.65up 0.38%, Litecoin down1.50% at 57.96, at the time of writing.
Corporate news: SVP Financial Group up 3.97% at $296.38,Intel Corp. down 10.575% to $48.2,Ebay Inc.up 2.869% to $53.79,Facebook up 2.398% to $284.79,P&Gup 0.658% to $142.38, Walmart up 0.209% at $143.85.
US:Business activity increased to a 20-month high in October, but the pace of new business growth and new orders eased slightly amid the lingering COVID-19 pandemic and caution ahead of the Nov. 3 presidential election.
Eurozone: Eurozone economic activity slipped back into decline this month as a second wave of the coronavirus sweeps across the continent, heightening expectations for a double-dip recession, surveys showed on Friday. Important Data: US new homes sales data to be released today at 10, previously which was 1,011K, and this time estimated around 1,025K. New Zealand to publish its trade balance data today at 17:45, previously which was -353M this time estimated around -1015M.