Daily News | Gold to 7-year highs | 10.03

Crypto market heavily in the red.
Coronavirus plagues U.S. Crypto conferences and the mood.
The Crypto market remains closely correlated with the general market, with some Cryptocurrencies diving 10% in the last session.

All eyes are on the ECB.
The market is currently pricing an ECB rate cut on Thursday.
The markets are convinced the ECB will cut interest rates on Thursday but it isn’t certain how this may affect the Euro-Dollar.

Gold to 7-year highs.
Gold nears record high as yields collapse; volatility rages.
Gold price action surged toward all-time highs after notching the biggest weekly gain in nearly a decade.

USD/JPY
USD/JPY has fallen 0.9% in the last session.
The Dollar-Yen pair has fallen in the last two sessions, losing 0.9% in the last session. The CCI transitioned into neutral territory.

Gold
XAU/USD has gained 2.2% in the last two sessions.
The price of gold has gained 2.2% in the last two sessions. The Ultimate Oscillator moved into the positive zone.

AUD/USD
AUD/USD has gained 0.8% in the last session.
The Aussie-Dollar pair has performed a major correction, gaining 0.8% in the last session. The MACD has shifted sharply into the positive area.

GBP/USD
GBP/USD has gained 0.6% in the last session.
The Sterling-Dollar pair has shown consecutive gains in recent sessions, up 0.6% in the last session. The RSI is cooling down and is now signalling positive.