State of the market
Major US stock indexes picked up the dynamics of European stock markets and opened with a noticeable decline. As a result, the US currency remained under pressure. Investors are interested in safe assets in the market, but with a slightly lower attention.
The dynamics of the European session remain on the market with flight from risks and weakening of the US currency. But, given the very low activity and the lack of scheduled news, one should expect the formation of lateral trends and a minor correction.
Recommended for reading: CORRECTION IS AN INTEGRAL PART OF THE PRICE MOVEMENT IN THE MARKET AND ONE OF THE MAIN ASSISTANCE TO THE TRADER.
Hanzenko Anton