
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
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair is trading slightly above the Kumo. If the bulls manage to withhold the bears’ pressure, the currency pair will climb towards the previous top. On the other hand, a break below the thin cloud will push the market into a bearish sentiment.
Market View
Equity indices closed mixed on Tuesday as European performance dragged down overall performance. It could look like a classic risk-off sentiment with VIX higher, large cap outperforming small cap and defensives outperforming cyclicals. However, from the way funds were positioned it comes down to inflation concerns and rising bond yields. This is the reason for value stocks outperforming defensives and energy, banks and materials being the best performing sectors. On the other side of the Atlantic, equities ended mixed but way off day lows. Dow Jones closed up +0.6%, S&P 500 +0.2%, and NASDAQ -0.5%. Asian stocks are mostly lower this morning dragged down by Nikkei. US and European futures slightly lower.
In the FX front, EURUSD traded sideways above 1.12 yesterday, while EURGBP moved back above 0.84 amid overall risk-off sentiment. In the EM space, USDTRY rose more than 12% yesterday north of 13. It is worth noting that the Turkish lira has lost more than 40% of its value in less than a year.
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