European governments or authorities announce additional restrictions
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is gyrating slightly below the lower level of the cloud…
Asian stocks started in green this morning
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair is now trading above the cloud. A bounce up from current levels will fuel the pair above the Kijun sen level and then higher to exceed the Tenkan sen level.
European Market View
In the equity space it was a quiet day yesterday resulted in modest gains driven by US and mostly cyclical companies. Some few travel stocks perform on the back of US opening up for international travel. However, despite the positive sentiment, VIX made its third consecutive move higher. In the US, major indices closed as follows: Dow Jones up by +0.3%, S&P 500 up by +0.1%, and NASDAQ up by +0.1%. Asian stocks started in green this morning but have lost momentum and are trading lower driven by Japanese stocks. European and US futures are down.
In the FX space, NZD, NOK and GBP gained against the USD and CHF yesterday, where several Fed speakers gave hints about the monetary policy outlook, but failed to move the market. EURUSD rose slightly towards 1.1600.
Michael Eliades
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European governments or authorities announce additional restrictions
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is gyrating slightly below the lower level of the cloud…
Equity markets were nervous yesterday
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is trading between the Kumo and the Tenkan sen level…
Turkish Lira Is at Record Lows
USD/TRY belongs to the exotic group of Forex currency pairs, that’s why traders don’t trade it regularly. However, these days this pair is in the focus of all the trading community!
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