Daily News | Crypto market gets hysterical | 27.11

Crypto market gets hysterical.
Bitcoin and the Crypto market plunge, overreacting to Xi’s comments.
The Crypto market saw a sharp plunge in the last session, overreacting to statements regarding regulation from Chinese president Jinping.

The Aussie depreciates slowly but surely.
RBA leaves the door open for further rate cuts.
Fresh comments coming out of the RBA may drag on the Aussie-Dollar pair as it keeps the door open to implement lower interest rates.

Gold suffers from market stability.
World share markets rally on revived trade hopes; gold slips.
Gold fell for a fourth straight session as global equity markets rallied on revived hopes the U.S. and China could soon sign an interim deal.

USD/JPY
USD/JPY has performed a minor correction, gaining 0.3% in the last session.
The Dollar-Yen pair has performed a minor correction, gaining 0.3% in the last session. The RSI is currently positive.

Gold
XAU/USD has gained 0.1% in the last session.
The price of gold has performed a minor correction, gaining 0.1% in the last session. The ADX is giving a negative signal.

AUD/USD
AUD/USD has lost 0.2% in the last session.
The Aussie-Dollar pair has lost 0.2% in the last session. Stochastic settles in the negative area.

GBP/USD
GBP/USD has gained 0.5% in the last session.
The Sterling-Dollar pair has performed a minor correction, gaining 0.5% in the last session. The ROC is giving a negative signal.