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...
Biden’s victory is by far the most likely scenario – USD to lose
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY is trading below the Kumo. An upward wave would lead the pair to exit the cloud, confirming a new bullish outlook.
XAG/USD: Silver moves below 50% retracement level. It seems that silver bears still struggle to move higher.
US Market View
Wall Street's main indexes opened higher on Wednesday as the race for the White House went down to the wire, although investors remained worried about the prospect of a contested result. Democratic contender Joe Biden took to the air to declare he was optimistic about winning and called for all votes to be counted, no matter how long it took. President Donald Trump responded in trademark combative style, saying he had won, that "they" were trying to steal the election, and that he would go the U.S. Supreme Court to fight for victory
USA Key Point
- The latest vote count in Michigan now helping Biden
- US October Markit final services come at PMI 56.9 vs 56.0 than expected
- US major indices open higher led by the NASDAQ index
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