Bitcoin failed to break the symmetrical triangle to the upside (within a potential bullish pennant), which has invited additional selling pressure. A move to $8K likely now IMO.
Crude oil price is trading at the lowest levels since 1999, breaching the $13.75 support. The sellers will target $12.20 next, which is a 127.2% extension.
DAX is now approaching the key short-term resistance. The area between 9,400 and 10,300 consists of multiple resistance layers that are likely to cap any attempt to recover higher.
After months of trying, the EUR/USD bulls have finally managed to get a clean close above the descending channel's resistance, paving the way for a move towards $1.1360 and $1.1410.
There is an apparent false break out on a weekly chart which may result in a deeper pull back towards $108.50, especially if we continue to be surrounded by negative headlines concerning the coronavirus outbreak.
