Gold exploded after FOMC meeting!
As we discussed in the previous article devoted to gold, the price is growing extremely fast after a dovish FOMC’s statement…
EUR/USD Remains Quiet Before ECB
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Fibonacci Levels
XAG/USD: Silver stands above the 23.6% retracement area. Seems that a consolidation period is ahead.
EU Market View
Asian equity markets traded mostly positive, following the upbeat performance in EU counterparts. Looking ahead, highlights from macroeconomic calendar include German Trade Balance and Eurozone GDP.
EU Key Point
- French statistics agency says economic activity seen at 95% of pre-virus levels in Q3
- Hong Kong announcing further easing to virus restrictions
- New Japanese Prime Minister Suga is supporting that Abenomics will continue
Michael Eliades
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