
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
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NZD/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish outlook.
XAU/USD: Gold after a remarkable sell off is trading above 23.6% retracement area. Trend remains weak.
U.S. stocks are set to reopen higher after the Martin Luther King Day holiday on Monday, with Yellen’s remarks a welcome reminder of the momentum behind economic stimulus measures. Janet Yellen, the former head of the Federal Reserve who is now Joe Biden’s nominee for Treasury Secretary, will have her confirmation hearing before the Senate Finance Committee. Yellen’s first task will be to persuade Congress to pass Biden’s $1.9 trillion spending package to lighten the burden of the pandemic on cash-strapped households and businesses.
The surge in Covid-19 at the end of 2020 appears to be receding. Hospital admissions tied to the virus fell for the sixth straight day in the U.S. to their lowest since the start of the year, although some distortions due to holiday-induced late reporting are possible.
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
Financial markets alternate between periods of decline and growth. They are related not only to the economy, but also to the psychology of investors.
The stock market has reversed, and now it’s going lower and lower…
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
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