EUR/USD is trading above 1.1100, up on the day. President Trump said he orders companies to search Chinese imports for drugs. Earlier he criticized Powell's lack of action.
GBP/USD is trading close to the monthly highs above 1.2250 as the US dollar falls following Powell's hint of cutting rates and Trump's angry response.
Bitcoin price is back above $10,000. The move from the recent low at $9,757 has brightened investors’ hope after Bitcoin plunged from levels marginally under $11,000.
The widespread recovery staged on Thursday appears to be pre-maturely stalling. Bitcoin (BTC) seems to have spent all the batteries after tackling $10,200 resistance and its immediate retreat is once again, is dragging the crypto market down.
NEO is trading between the moving average support and resistance. The 50 Simple Moving Average (SMA) 4-hour is establishing as support currently at $9.78 while the 100 SMA 4-hour is limiting movement north at $10.23.