In the latest report, the USA, Switzerland, and Singapore were in the top three of the most favorable countries in terms of conducting initial monetary offers (ICO).

EURUSD: the price has gained a foothold under the trend line

Previous:
On Wednesday the 11th of July, trading on the euro closed down. The euro swung all over in the European session, and the daily candlestick closed below 1.17. The dollar, pound, and the euro were heavily influenced by the uncertainty in Britain over Brexit and sell-offs of risky assets amid the escalating trade conflict between the US and China.

Gold price is back to its 2018 lows on the long-term support trend line. Gold price is oversold. Gold price is at major support area that justifies a $60 rally. Gold price remains in a bearish short-term trend. Yes, lower levels are possible towards $1,200, but the next big move is upside.

EURUSD: risks to break through the trend line

Previous:
On Monday the 9th of July, trading on the euro closed slightly up. And after a drop in the American session, a long wick formed on the daily candlestick, a sign that the market is transitioning into a bearish phase.