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...
EUR/USD : a dovish or hawkish ECB will trigger a possible buying opportunity
Information is not investment advice
Ichimoku Kinko Hyo
CHF/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
XAG/USD: Silver bulls has a dynamic come back the last days and send prices below 61.8% retracement area.
EU Market View
Asia-Pac stocks traded mixed as the region struggled to maintain the momentum from the US. US President Biden’s administration signaled that it is considering Iranian sanctions relief. European stock markets are seen opening higher Thursday, taking their lead from the positive close on Wall Street overnight although gains are seen tempered with caution ahead of the latest meeting of the European Central Bank.
The monetary policy meeting of the Governing Council this week is unlikely to lead in new policies , however traders will be looking for more clarity on two key points. First, the ECB’s strategy with regards to capping government bond yields. Second, on how the central bank’s views on the economic outlook are developing
Looking ahead, highlights include ECB policy announcement & press conference, US IJC, existing home sales, EZ consumer confidence, supply from Spain and France. Earnings from AT&T, Intel
EU Key Point
- Credit Suisse estimates roughly CHF 600 million impact from Archegos Capital fallout in Q2.
- India records world's highest single-day tally of coronavirus cases, exceeding 300,000 infections.
- Germany reports 29,518 new coronavirus cases, 259 deaths in latest update today.
Similar
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
Popular
eurusd-is-falling-what-to-expect-from-the-future-price-movement
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus