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Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

69.21% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

EURGBP targets with confidence higher

EURGBP targets with confidence higher

Information is not investment advice

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EURGBPM30 (4).png

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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.

CADJPYM30 (1).png

Fibonacci Levels

XAG/USD: Silver breaks down many support levels and stands just above 23.6% retracement area.

XAGUSDH4 (10).png

EU Market View

Asian equity markets began the week cautiously after Friday’s losses on Wall St. Mixed Chinese GDP added to the tentative mood for stocks.  European stock markets are seen opening marginally lower Monday, starting the week on a downbeat note given Covid-related concerns, and not reassured by healthy-looking Chinese economic growth. China reported Monday that its economy grew 2.3% last year, as its gross domestic product rose by 6.5% in the fourth quarter from a year ago. Today's calendar sees a lack of tier 1 releases. US markets are closed for Martin Luther King Day.

EU Key Point

  • UK vaccine deployment minister: Everyone will be offered a vaccine by September
  • Japan's Nishimura says economy to return to pre-pandemic levels this coming fiscal year
  • Germany reports 7,141 new coronavirus cases in latest update today

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Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus

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