
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
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Ichimoku Kinko Hyo
AUD/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 facing a further weakness the last hours and trading near a full retracement area. Gold weakness shows momentum and duration.
US Market View
U.S. stocks are seen weakening at the open Thursday, continuing the previous session’s sell-off ahead of a key speech from Federal Reserve Chairman Powell. This will be the last chance to hear from the Fed before it enters the two-week blackout period this weekend ahead of the March 17th FOMC meeting. Worries about lofty U.S. bond yields hit global shares on Thursday as investors waited to see if Federal Reserve Chair Jerome Powell would address concerns about a rapid rise in long-term borrowing costs.
Wednesday saw the release of an unexpectedly weak private payroll report, bringing the weekly jobless claims figure into focus later Thursday, ahead of Friday’s closely watched NFP report. Oil prices were largely unchanged Thursday, with traders waiting for news from a meeting of top producers over output levels going forward, particularly given Saudi Arabia’s surprise announcement in January of a unilateral cut of an additional one million barrels per day.
USA Key Point
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo CAD/JPY: The pair is trading below the cloud…
According to Westpac, the AUD is undervalued. What target do they set?
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…
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