Major currencies mostly little changed on the session
US markets are closed for Thanksgiving on Thursday, that's why the volatility falls. However, there are still some interesting movements!
Choppy Markets in US Session
Information is not investment advice
Ichimoku Kinko Hyo
CAD/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 has made a full retracement and it seems that bullish trend remains strong.
US Market View
China’s economy continued its rebound from the coronavirus pandemic, with a round of key data for August all coming in above expectations. U.S. stock markets are indicated to open higher, extending Monday’s sharp gains, supported by conviction that the growth narrative underpinning tech stocks is still intact, and that the market’s technicals seem healthy.
US Key Point
- Ray Dalio's Bridgeater is down 18.6% in the Pure Alpha II fund this year
- Canada July manufacturing sales comes at +7.0% vs +9.0% expected
- US Empire manufacturing index for September comes at 17 .0 vs. 6.8 estimate
Michael Eliades
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EUR/USD: is it the time to touch 1.20?
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Mixed markets in quiet trading
Here's the technical analysis of USD/JPY, AUD/JPY, NZD/JPY, and silver!
Popular
Major currencies mostly little changed on the session
US markets are closed for Thanksgiving on Thursday, that's why the volatility falls. However, there are still some interesting movements!
AUD: near-term risks
The risk-on sentiment waned and added pressure on the AUD. Can we await a pullback from 0.74?
EUR/USD: is it the time to touch 1.20?
The US dollar stayed under pressure as riskier currencies benefited from the increased optimism.
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