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...
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.
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
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus