Weekly Preview: Technical Analysis on USDJPY, GBPUSD, USDCNH, XAUUSD, WTI, SPX
Last week, safe haven currencies took a backseat while commodity currencies benefited from the risk on environment with the market focusing on the signing of the Phase One trade deal between the US and China. Elsewhere, oil extended its decline as tensions between the US and Iran eased. Looking ahead, we could be seeing a mixed market risk sentiment ahead.
CURRENCY: USDJPY
CURRENCY: GBPUSD
CURRENCY: USDCNH
CURRENCY: SPX
CURRENCY: XAUUSD
CURRENCY: WTIUSD (USOIL)
Read more market views from the AxiTrader team: https://www.axitrader.com/uk/market-news-blog/.
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