Market Update: Risk Majors – US CFD Indexes

สิงหาคม 25, 2020
by Joseph Jeffriess, Market Analyst

Today we run over the AUDUSD, EURUSD, GBPUSD and US CFD indexes off their daily charts.

Will current support hold out for risk currencies, or will the fades seen yesterday be the start of something? The GBPUSD and AUDUSD remain partially ranged bound with two levels while the EURUSD sits past a short-term trend break.

Recap of the action so far today on the US30, SPX500 and NDX100. Indexes have continued higher today after strong sessions yesterday. The SPX500 continuing to hit new record levels through today’s Asian session. The US30 has crossed the 28,500 point after breaking the AUG high yesterday.

With no key data due out today, will vaccine hopes keep the rally going?

Today’s Market Analysis Video

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