AUD/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.
Technical Analysis
Information is not investment advice
The Australian dollar has been losing value against the USD. How low may it go?
Since July, the movement of GBP/USD has been contained between 1.27 and 1.34.
UK officials are reportedly preparing to dilute PM Johnson’s Brexit legislation, in a move that could rekindle negotiations with the EU.
EU's von der Leyen supports that EU team will go to London next week to 'intensify' negotiations
How do we trade EUR/GBP today? All the same, but watch for reversal signs against the existing downtrend.
Looking ahead, highlights from macroeconomic calendar include Eurozone CPI US Retail Sales and University of Michigan, European Council Summit and Fed’s Williams speech.
The number of Americans applying for initial unemployment benefits unexpectedly increased to 898,000 last week, its highest since late August, compounding fears that the recovery in the labor market is stalling
Treasury Secretary Mnuchin, after speaking with House Speaker Pelosi, said stimulus talks are still far apart and it is difficult to get anything done before the election but will keep trying.
The gold price is resting at $1 900 - how should we trade it?
US futures fell early in pre-US market open trading as investors' hopes that earnings season would provide some upward impetus waned.
There are higher lows and untouched resistance with this currency pair since the previous week - what does it suggest?