
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
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EUR/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.
XAG/USD: Silver has made a full correction but still struggles to stand above 23.6% retracement area.
US stock markets are set to open sharply higher, helped partly by the lack of a killer punch in the NY Times’ tax disclosures but driven largely by what appeared to be bargain-hunting after four weeks of losses in the major indexes.
The major US cash indexes weakened last week, their fourth week of losses in a row. This selloff has largely been duplicated overseas, and companies are now seeing bargains to be snapped up. The New York Times released an in-depth expose of President Donald Trump’s tax returns, which showed that he paid only $750 in income tax in the year he was elected.
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo GBP/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
Gold price formed a bearish harmonic ‘Butterfly’ pattern. Still, the detour to $1760 may be the decline it forecasts. In addition, even the pattern allows expecting the increase up to $1780.
Ichimoku Kinko Hyo GBP/JPY: The pair is trading below the cloud…
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