Daily News | Amazon has competition | 18.07

Amazon has competition.
Amazon U.S. rivals get sales boost on Prime Day.
Several large U.S. retailers recorded higher sales on the first day of Amazon’s Prime Day shopping event.

The storm subsides, oil plunges.
U.S. supply ramps up after storm, sending prices downwards.
Oil prices fell another 2% as U.S. offshore crude production resumed after Hurricane Barry and tensions between the U.S. and Iran were seen easing.

The Crypto market gets walloped.
Facebook gets grilled over Libra, and with it the Crypto market plunges.
Bitcoin fell 11%, breaching $10,000 for the first time in two weeks after U.S. lawmakers grilled Facebook on its cryptocurrency plans.

USD/JPY
USD/JPY has gained 0.4% in the last session.
The Dollar-Yen pair has performed a minor correction, gaining 0.4% in the last session. The ADX enters the positive area.

EUR/USD
EUR/USD has lost 0.5% in the last two sessions.
The Euro-Dollar pair has seen some downward movement, falling 0.5% in the last two sessions. The RSI enters the negative area.

BTC/USD
Bitcoin has plunged 21.3% in the last three sessions.
Bitcoin has seen strong downward movement, falling 21.3% in the last three sessions. The ATR remains in the high volatility area.

GBP/USD
GBP/USD has fallen 0.9% in the last session.
The Sterling-Dollar pair has fallen in the last two sessions, losing 0.9% in the last session. The ATR enters the high volatility area.