Wall Street may have opened, but FX traders are nowhere to be found: majors continue trading within in limited intraday ranges as Easter Monday kept most investors away from their desks.
Brexit uncertainty and market talks suggesting PM May could be ousted by Conservative lawmakers keep the Sterling among the weakest currencies. Crucial support at 1.2959, March low.
Japanese Nikkei moved marginally higher, also US Treasury yields in thin market conditions. US to release minor macroeconomic data as markets slowly return to normal.
The precious metal was seen trying to build on Friday's attempted bounce from a support marked by 50% Fibonacci retracement level of the $1196-$1347 recent up-move.
BTC/USD is trading higher highs and higher lows within a rising channel. The upside correction comes after the weekend trading saw Bitcoin explore the levels close to $5,200 but formed a low at $5,220.
BTC/USD is trading higher highs and higher lows within a rising channel. The upside correction comes after the weekend trading saw Bitcoin explore the levels close to $5,200 but formed a low at $5,220. The lower trendline of the rising channel functioned as support on Monday as the buyers returned with a mission to pull the price higher.
NEO is doing well with nearly 3% growth since the beginning of the day. The 17th largest coin with the current market value of $705 million surpassed $10.90 handle, which increased the bullish bias. At the time of writing the coin is changing hands at $10.90 amid growing volatility.
The 15-minutes chart for ETH/USD shows an asset that is correcting higher within a rising channel. From the support established at $167, Ethereum scaled the levels at $170 and even tested the next resistance at $173.00.