
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Don’t waste your time – keep track of how NFP affects the US dollar!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
Information is not investment advice
Fibonacci Levels
XAU/USD: Gold appreciates further as US dollar losing strength. Gold bulls are preparing to send price above 38.2% retracement area.
Ichimoku Kinko Hyo
CAD/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook.
US Market View
U.S. stocks are seen opening higher Thursday, with the tech-heavy Nasdaq outperforming as the Biden administration’s tax proposals may be watered down. The S&P and the Dow are on course for their third straight winning week, ahead of next week’s start of what is expected to be a very strong earnings season. According to data from Refinitiv, earnings for the first quarter of 2021 will see the strongest growth since the third quarter of 2018. Futures tracking the Nasdaq jumped about 1% on Thursday, as tech-related stocks climbed ahead of weekly jobless claims data, while reassurance that the Federal Reserve will maintain its ultra-dovish stance for a longer period supported sentiment. High-growth tech stocks have recovered in recent sessions as U.S. 10-year bond yields backed off from their 14-month highs.
Helping the tone were the FOMC from the Federal Reserve’s March meeting, in which the policymakers acknowledged progress on the economy, but stated that substantial progress on the recovery will likely take "some time", i.e. the easy monetary policy is here to stay. The Fed has made great play that the labor market recovery has much more room to run, and with this mind the weekly unemployment claims data, due later in the session, will be studied carefully.
Also of interest were comments from Biden that he was prepared to compromise on his $2 trillion infrastructure bill, and the associated tax increases, as the package faces difficulties in passing through Congress. The tax plan Biden laid out last week was seen hitting the big technology and pharmaceutical companies particularly hard, as it would limit them from using credits for research and development costs.
USA Key Point
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…
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?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
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