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...
British Pound leads on strength all currencies today.
Information is not investment advice
Ichimoku Kinko Hyo
AUD/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook.
Fibonacci Levels
XAU/USD: Gold gains strength during the last hours. It seems that bulls will return soon.
US Market View
U.S. stock index futures gained on Monday, as investors returning from a long weekend cheered data showing strongest jobs growth in seven months that could mark the beginning of the best annual economic growth in nearly four decades.
Investors will get a fresh glimpse of the U.S. economic health in the form of ISM's survey of the services sector, which accounts for more than two-thirds of U.S. economic activity. The data is due at 10 a.m. ET (1400 GMT).
Oil slipped to around $64 a barrel on Monday as rising supply from OPEC+ and higher Iranian output countered signs of a strong economic rebound in the United States and hopes for a wider demand recovery in 2021.
The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, agreed on Thursday to monthly production hikes from May to July. Iran is also boosting supply.
USA Key Point
- The CAD is the strongest and the EUR is the weakest.
- Yellen speech today will focus on global minimum corporate tax.
- Nomura reportedly to finalise, disclose losses tied to Archegos episode later this month.
- UK prime minister Boris Johnson to announce next steps out of lockdown later today.
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