Previous Trading Days Events 06 Feb 2024

Winners vs Losers

USDCHF managed to reach the top this week with 0.79 gains. It is also leading this month with 1.24 gains so far. 

News Reports Monitor Previous Trading Day 06 Feb 2024

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Midnight Night Session Asian

No important news announcements, no special scheduled releases.

MorningDay Session European and N. American Session

No important news announcements, no special scheduled releases.

General Verdict

Low volatility, absence of important figure releases. The dollar barely was affected. The dollar index moved sideways with low volatility and closed the trading day almost flat.
Gold saw more volatility during the start of the  N. American session but eventually closed flat overall.
Crude oil climbed over 74 USDb.
U.S. stocks moved higher. All benchmark indices experienced movement to the upside.

FOREX MARKETS MONITOR

EURUSD 07.02.2024 15m Chart Summary

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Price Movement

The pair moved steadily higher and while being over the 30period MAduring the most of the trading day. Near the start of the N.American session though, it reversed after hitting resistance, crossing the MA on its way down and finding support near 1.07560. After the unsuccessful breakout to the downside, it moved again upwards returning back to the MA.

CRYPTO  MARKETS MONITOR

BTCUSD Bitcoin Chart Summary 1H Timeframe

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