Big Movers From This Week

Welcome Traders!

This week has been a bit messy, and there’s little doubt that the markets all around the world are going through something, much like the actual world itself.

Traders would do well to remember that some weeks can be like this, and to learn to sit on their hands.

That being said, let’s see which markets moved, and which ones froze, like deer in the headlights of an oncoming car.

Silver: moved lower

Gold, also headed lower.

S&P500- moved lower, halted for now…

CHFJPY has now retraced after moving higher, readying for another leg up?

USDCAD smoothly higher

USDJPY, moved higher, and still keen for more?

AUDUSD, buckled a bit against the USD.

EURUSD, headed lower as well.

One thing that does stand out here, is that the /JPY peairs appear poised to head higher next week, most likely providing potential opportunities for both Swing and Day traders!

Happy Trading!

Adam Harris

FXGlobe Ambassador Adam Harris is based in London, UK. He’s been trading professionally since 2013 and his specialties are technical and trend-based trading.

Trading Advice Disclaimer:
Our Ambassador’s Daily Picks are not trading advice. These are informational articles covering the events which happened in the market already & scheduled events which are scheduled to happen in the Economic & Earnings Calendar.

General Risk Warning:
Trading leveraged products such as Forex and CFDs carries a high level of risk thus may not be appropriate and/or suitable for all investors. The investment value can both increase and/or decrease and the investors may lose all their invested capital. The content of this website does not constitute financial or investment advice. Any information herein is of a general nature and does not take into consideration your personal circumstances, investment experience or current financial situation. Under no circumstances shall the Company or affiliated Companies have any liability to any person or entity for any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to leveraged products.