Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Calm Markets before 2020 United States Presidential Debate
Information is not investment advice
Ichimoku Kinko Hyo
USD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Fibonacci Levels
XAU/USD: Gold moves day by day lower. Gold struggles now to touch even the 23.6% retracement area which seems to be a hope for bulls.
EU Market View
Asian stocks began the week mostly higher as the region picked up the baton from last Friday’s tech-driven momentum on Wall Street. US House Speaker Pelosi thinks a coronavirus stimulus deal is still possible and suggested that Democrats will make a new ‘proffer’ to US Treasury Secretary Mnuchin. Looking ahead, highlights from the macroeconomic calendar include ECB's Schnabel, Lagarde, Fed's Mester speeches.
EU Key Point
- Spain reportedly to revise lower its 2020 GDP forecast to -11%
- Nikkei 225 closes higher by 1.32% at 23,511.62
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Brutal session in the equity markets yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
The U.S. economy added 390,000 jobs in May
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
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