Analyzes

Tesla plunged nearly 8% on Thursday, filling a gap near $400 as panic selling swept markets, with $400 and $365 now key levels to watch for a reversal.

The Nasdaq 100 plunged unexpectedly on Thursday, testing critical support at 25,000 and the 50-day EMA, but the broader uptrend remains intact.

EUR/USD rose nearly 0.4% and closed the third consecutive day in positive territory on Thursday. The pair fluctuates in a tight channel above 1.1600 in the European morning on Friday and remains on track to post weekly gains.

Gold is back in the green, re-attempting the $4,200 mark early Friday, partly reversing Thursday’s pullback from three-week highs of $4,245.   

EUR/USD clinches its third consecutive day of gains, this time reaching fresh monthly peaks near 1.1660 and staying en route to hit its second weekly advance in a row.

Gold price peaked on Thursday at $4,245 a troy ounce, a fresh three-week high, but it trimmed part of its intraday gains and currently hovers around $4,200.