
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Don’t waste your time – keep track of how NFP affects the US dollar!
Data Collection Notice
We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.
Join Us on Facebook
Stay on top of company updates, trading news, and so much more!
Thanks, I already follow your page!Beginner Forex Book
Your ultimate guide through the world of trading.
Check Your Inbox!
In our email, you will find the Forex 101 book. Just tap the button to get it!
Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77.93% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.
You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.
Information is not investment advice
Ichimoku Kinko Hyo
CAD/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook.
Fibonacci Levels
XAU/USD: Gold continuous to stand below 23.6% retracement area. Bearish pressure is growing again as bulls cannot defend bears.
US Market View
U.S. stocks are seen opening lower Monday, with the highly valued tech sector likely hard hit as investors fret over higher Treasury yields and potential inflation in the wake of the Covid-19 relief bill passing through the Senate. Both Federal Reserve Chairman Powell and Treasury Secretary Yellen have downplayed the rise in long-term Treasury yields, saying they are a sign of expectations for a stronger recovery, not of increased inflation concerns.
President Joe Biden's passed $1.9 trillion covid relief plan on Saturday, one of the largest stimulus packages in U.S. history. The bill will now move to a vote in the House on Tuesday, and then to Biden, who hopes to sign the bill before enhanced jobless benefits expire on March 14. This followed Friday’s surge in US employment, and adds to fears that this package will overheat the economy, leading to inflation and to the Federal Reserve tightening policies more quickly than had previously been envisaged.
The price of oil spiked above $70 after Houthi rebels in Yemen launched a strike against various oil industry facilities in Saudi Arabia. The news reassured a market that is already at elevated levels, prices having hit their highest in over a year last week after OPEC and its allies surprisingly decided against a rise in output in April.
US Key Point
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates? Recall that the Federal Open Market Committee had previously ended the year 2022 with a 50bps hike, and an indication from Powell, the committee chairman, that the Fed could consider raising interest rates by 75bps in the course of the year 2023.
Western countries are trying to find other options for oil and gas supplies after a 10th package of sanctions, which will put more pressure on Russian oil and decrease global oil supply. Italy, for example, is in talks with Libya.
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later