Best Trade Ideas for April
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...
Equity futures sank on Friday morning
Information is not investment advice
Ichimoku Kinko Hyo
NZD/JPY: The NZD/JPY pair is now testing the Tenkan Sen level. A successful attempt to eliminate this level will push the exchange rate into fresh highs.
US Market View
Equity futures sank on Friday morning as investors focus on some weaker than expected earnings results from companies of the tech sector such as Amazon.
Contracts of the Nasdaq 100 index dropped as much as 0.9%, S&P 500 futures dropped about 0.5% while Dow Jones was marginally lower.
In the wake of the FOMC, the USD has softened, particularly against the euro and sterling, where there is considerable further leeway for EURUSD to consolidate without threatening a bullish reversal, while GBPUSD is already hitting key resistance in the 1.4000 area. It is important to note that today is month-end, with some price action today smacking of end-of-month flows.
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