
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
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CHF/JPY: The pair is trading below the cloud. Downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook.
XAU/USD: Silver after a sell off is trading below 23.6% retracement area. It seems that a bearish flag is formatting.
Asian equity markets traded mostly lower as sentiment gradually deteriorated from the mixed performance stateside. Oil futures traded near two-month highs due to hope for a vaccine and a larger-than-expected drawdown in U.S. crude inventories. U.S. stocks were mixed as investors switched back to technology stocks and away from economically sensitive sectors as they weighed COVID-19 vaccine progress and the likely timing of an economic rebound.
Looking ahead, highlights from the macroeconomic calendar include UK GDP, US CPI and Initial/Continued Jobless Claims, ECB's Lagarde, de Guindos, Mersch Schnabel; Fed's Powell, Williams and Evans, BoE's Bailey speeches. The U.S. dollar edged lower against the yen and yuan as traders adjusted positions before U.S. President-elect Joe Biden takes office next year.
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo USD/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
PepsiCo will publish its financial results for the first quarter of this year on April 15 at 13:00 MT. Be prepared!
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
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