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Thomas Long, Course Instructor

This daily chart shows that the next level of support is the 1008.00 low. This US stock market weakness could kick off additional risk adversion trading which could mean USD, JPY and CHF strength. Which pair gets the most interest is something we can only react to when we see it, but positioning your trades to take advantage of the current market environment can increase your chance of success.

SP500_body_65191d1282656935-chart-day-spx500-824.png, S&P500

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.