Best Trade Ideas for April
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...
Australian dollar runs higher on positive risk tone
Information is not investment advice
Ichimoku Kinko Hyo
USD/JPY: The pair is trading above the cloud. Further bullish pressure will lead the currency pair to retest the previous highs.
Fibonacci Levels
XAG/USD: Silver bulls after the recent rally step back and send prices lower at 23.6% retracement area.
European Market View
Asia-Pac bourses traded positively as the region took impetus from the record highs on Wall St. Asian shares rose to a record high and U.S. stock futures gained on Wednesday as investors tracked positive news on COVID-19 vaccines and ongoing efforts to launch more fiscal stimulus.
White House on Tuesday offered Democrats a $916 billion pandemic stimulus proposal that would meet their demand to provide some relief to state and local governments and include liability protections for businesses that have been a top priority of Republicans. The original $2.2 trillion stimulus law enacted in March distributed a round of $1,200 stimulus checks and established the enhanced unemployment benefits at $600 a week through July, which President Trump later extended at $300 a week for most workers.
EU Key Point
- UK's Gove on Brexit: I hope we will get a trade deal
- Germany October trade balance €19.4 billion vs €18.5 billion expected
- Germany reports 20,815 new coronavirus cases in the latest update today.
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