The EUR/USD pair trades at daily highs in the 1.1250 region as investors slowly return to their trading desks. EUR the strongest in ultra-thin market conditions. US indexes under pressure in pre-opening trading.
The Pound trades against the greenback near it recent lows, weighed by political tensions in the UK, triggered by stalemate Brexit negotiations. GBP/USD to turn bearish below 1.2960.
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.
Bitcoin (BTC) topped at $5,360 and has been moving lower ever since. Generally, the price is oscillating in a tight range limited by $5,200 on the downside and $5,300 on the upside.
Bitcoin experienced its biggest bull rally at the end of 2017 where it hit highs close to $20,000. An analyst says that that particular bull rally was based on nothing other than speculation. However, the largest did not stay up for as it reversed the trend throughout 2018 to the extent of trading lows close to $3,000.
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.