OPEC+ - unexpectedly - decided to gradually increase back the oil supply. What's the outlook for the oil price?
AUD/USD is trying to recover
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY is trading within the Kumo. An upward wave would lead the pair to exit the cloud, confirming a new bullish outlook.
US Market View
- Oil slid to a 5-month low.
- Biden maintains the lead in crucial Pennsylvania.
- EUR/USD little changed since this morning.
EUR/AUD rose to 1…
US stock markets are set to open mixed as the post-Pfizer rally is reassessed, but cyclicals are still clearly outperforming the growth and momentum names that have notched the biggest gains during the pandemic.
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…