
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
GBP/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 below a full time retracement area.
US Market View
U.S. stocks are seen opening lower Thursday, as investors consolidate ahead of a spate of economic data releases, headed by the weekly jobless claims numbers. The major indices all closed marginally higher Wednesday, near record highs, but worries that a stronger-than-expected economic rebound will result in higher inflation and thus sooner-than-expected monetary policy tightening have deprived the asset class of a lot of its momentum.
Due for release is the May ISM PMI, at 10 AM ET, which is expected to show renewed confidence in the vital services sector, especially after the equivalent numbers in Europe impressed earlier in the day.
First off the blocks is the ADP jobs number, at 8:15 AM ET, which is expected to say the economy added 650,000 private sector jobs in May, a slight slowdown from the 742,000 which were added in April.
The weekly initial job claims data follows 15 minutes later, with expectations calling for a number of 390,000 claims for the week ending May 28, an improvement from the 406,000 the previous week and a new post-pandemic low.
China hailed on Thursday the resumption of "normal discussions" with the United States on the trade and economic fronts, apparently keen to move beyond a trade war as it said both sides aimed to resolve issues pragmatically. China's Vice Premier Liu He, who has led trade negotiations with the United States, has held two video calls with U.S. Trade Representative Katherine Tai and Treasury Secretary Janet Yellen in a week, marking the first formal engagement between the two sides on trade and economic issues under the Biden administration. Chinese state media also focused on the positive tone of the economic talks following frosty exchanges between top Chinese and U.S. foreign policy officials at a meeting in Alaska in March. The exchanges over the past week were "sparking optimism over enhanced communication between the world's two biggest economies", the Chinese state-run Global Times tabloid reported.
USA 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…
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
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.
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