
After reaching $60, WTI oil has taken a new pattern - still an uptrend, though. When will it make the next step?
Don’t waste your time – keep track of how NFP affects the US dollar!
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CHF/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook.
XAG/USD: Silver’s volatility has increased. Despite the recent sharp selling pressure, bulls appear resilient and keep price at the 38.2% retracement area.
Asia-Pac stocks extend on gains after the fresh record levels on Wall St where cyclical outperformed on vaccine optimism following the announcement that Moderna's Phase 3 vaccine efficacy rate was at 94.5%. Looking ahead, highlights from the macroeconomic calendar include US retail sales, industrial production, OPEC JMMC, ECB’s de Guindos, Lagarde, BoE’s Bailey, Ramsden, Fed’s Daly, Williams, Rosengren speeches. The vaccine news helped the risk-friendly Australian dollar, which climbed to a one-week high against its US counterpart. Rising virus case numbers in the United States clouded views on the dollar, which dropped against a basket of major currencies.
After reaching $60, WTI oil has taken a new pattern - still an uptrend, though. When will it make the next step?
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
After reaching $60, WTI oil has taken a new pattern - still an uptrend, though. When will it make the next step?
NVIDIA is set to release its earnings results after the closing bell on February 24. What to expect?
Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
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