
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
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GBP/JPY: The pair is trading below the cloud. Downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook.
XAG/USD: Seems that the bullish euphoria has passed away. Silver bulls stands above 61.8% retracement area.
Asian equity markets were mostly lower following a flat lead from the US where focus centered on earnings and stimulus plans. Stocks dipped on Thursday as a spike in short-term Chinese interest rates fanned worries about policy tightening in the world's second-largest economy, although improving corporate earnings and easing market volatility helped stem losses. Expectations of a large U.S. stimulus package underpinned risk assets as the Democratic-controlled Congress sought to pass President Joe Biden's $1.9 trillion COVID-19 relief package without Republican support. While it is unclear how much compromise the Democrats are willing to make with Republicans who are calling for a smaller package, many investors expect additional spending of at least $1 trillion. Looking ahead, highlights from macroeconomic calendar include Eurozone & UK construction PMI, BoE rate decision, factory orders, Fed's Kaplan, Daly speeches.
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Here is a tactical suggestion on how to trade the shining metal.
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Here is a tactical suggestion on how to trade the shining metal.
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
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