Risk On Risk Off Continues in the FX Market-converted

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Risk On Risk Off Continues in the FX Market In the G10 FX Market NOK and AUD are the top gainers today up 0.53 and 0.39 versus the dollar while JPY and EUR are the top losers down -0.12 and -0.11 versus the dollar respectively. The U.S. dollar and safe-haven currencies moved lower on Monday as optimism of re-opening helped risk appetite helping commodity currencies such as the Australian dollar and Norwegian krone. In the rates market global yields were trading weak today. The US 10-year was trading at 0.643 down -0.1bp. The Japan 10-year was trading at -0.013 down -1.1bp. The German 10-year was trading at -0.555 down -2.7bp. The UK 10-year was trading at 0.204 down -2.9bp. In the Asian equities markets were trading stronger today. The Hang Seng was trading at 23968.25 up 0.72. The Nikkei 225 was trading at 20127.0 up 0.45. The Kospi was trading at 1937.11 up 0.51. In the European equities indices were trading firm today. The DAX 30 was trading at 10755.84 up 2.78. The FTSE 100 was trading at 5929.65 up 2.24. The Euro Stoxx 50 was trading at 2834.85 up 2.32. Looking at Equity Futures so far the FTSE100 Futures was trading at 5924.0 up 2.26. The Euro Stoxx 50 Futures was trading at 2822.0 up 2.51. The SP500 Futures was trading at 2891.62 up 1.59. In the Energy space Oil futures were trading firm today. The WTI Crude Futures was trading at 30.93 up 5.1. The Brent Crude Futures was trading at 33.66 up 3.57. 10-year Yields Daily Chart 1-month Daily FX Pivots

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Brent Crude Daily Chart 1-month Content and Data by Tradermade Forex Chart and Technical Analysis EURUSD Chart Two-week

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Strategy: Support at 1.0788 for 1.082 Short-term view: EUR/USD support comes in at 1.0788 MACD and RSI have a bullish bias. Hence we see bounce to 1.082 enter at 1.0799. Below 1.0788 to open 1.0757 GBPUSD Chart Two-week Strategy: Resistance at 1.2148 for 1.2057 Short-term view: GBP/USD resistance comes in at 1.2148 MACD and RSI have a bearish bias. Hence we see a dip to 1.2057 enter at 1.2118. Above 1.2148 to open 1.2194 USDJPY Chart Two-week

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Strategy: Support at 107.15 for 107.45 Short-term view: USD/JPY MACD and RSI are flat but support comes in at 107.15 and we see a dip to 107.45 enter at 107.25. Below 107.15 to open 106.87 AUDUSD Chart Two-week Strategy: Support at 0.6431 for 0.646 Short-term view: AUDUSD support comes in at 0.6431 MACD and RSI have a bullish bias. Hence we see bounce to 0.646 enter at 0.6441. Below 0.6431 to open 0.6388 Forex Charting Software

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