I know we've had quite an amazing run these past few month, with over 78% accuracy in our trade ideas and sentiments, and thousands of pips in profits monthly...
AUD/NZD has just breached the key support level at 1.06799
Information is not investment advice
Ichimoku Kinko Hyo
CHF/JPY: The CHF/JPY pair is now testing the Tenkan sen level. A successful attempt to move higher will fuel the exchange rate into fresh highs. On the other hand, a failed attempt to exceed the Tenkan sen level will push prices to find support at the Kijun sen level.
Russia and Ukraine have expressed some optimism that peace talks have made progress and that results could materialize in the coming days. The fourth round of talks begins today. Over the weekend, Russia bombed a Ukrainian base close to the border of NATO member Poland. The target was supposedly weapons supplied by foreign nations.
The head of IMF Kristaline Georgieva said on Sunday, that 'we no longer think of Russian default as improbable' but added that it would not trigger a financial crisis.
Elsewhere, China is battling the biggest outbreak since the pandemic started, the major cities of Shenzhen and Shanghai have moved into partial lockdowns. China has reported more than 1,000 local cases in the last few days.
Bond yields ticked higher Friday and lifted value stocks. In US, Dow Jones closed lower by -0.7%, S&P 500 -1.3% and NASDAQ -2.2%. Asian markets very mixed this morning with Japan higher while China led by tech is selling off massively. European and US futures higher this morning as reports on Sunday said that both Russia and Ukraine were seeing some sort of progress in peace talks.
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus