Equity markets were very heavy yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
EUR/USD fell below 1.1690
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair has just breached the cloud and confirmed a new bearish outlook. Further bearish momentum will push prices into lower ground.
European Market View
- EUR/USD currently below 1.1650. Everyone is waiting for the results of the US elections, and the direction of the EUR/USD will be determined them.
- In regards to the FOMC on Wednesday traders should not expect too much as the meeting falls too closely to the election.
- Elsewhere, USD/TRY continues to climb to new highs. The Turkish lira has lost 29% since the beginning of the year being the second worst performing currency after the Brazilian Real.
Similar
EURGBP rose on dovish BoE
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
The highlight for markets today will be the FOMC meeting
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
Popular
What to trade on May 16-20?
Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!
Swiss Franc is About To Reverse
Historically, the stability of the franc is caused by the solid Swiss economy and a highly developed banking system…
China Shatters World Economy
A four-day lockdown turned out to be two months of complete isolation. Factories are frozen, supply chains are under heavy pressure, and the future is gloomy. Find out how to trade in times of crisis in this article!
Choose your payment system
