Forex Market View 3/1/2019

Forex Market ViewBitcoin has plunged 1.2% in the last session the ATR enters of the high volatility area.

AUDUSD has shed 0.6% in the last session the RSI sinks into the oversold area.

EURUSD edged down 0.1% percent in the last session stochastic is currently positive.

Crude oil has shot up 1.8% in the last session the ATR jumps into the high volatility area.

 

US ISM Manufacturing PMI will be released at 15:00 GMT.

Eurozone CPI at 10:00 GMT.

Japanese Jobs Applicants ratio at 23:30 GMT.

German unemployment rate at 8:55 GMT.

Canadian GDP annualized at 13:30 GMT.

UK market manufacturing PMI at 9:30 GMT.

Oil futures rose more than 2% after a surprising plunge in U.S.crude inventories.

 

A leading Swiss banker said the crypto community of Switzerland would gain access to stable banking services.

Wall Street’s main indices edged lower after US Trade Representative Lightheizer voiced some pessimistic remarks.