Equity markets were very heavy yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Gold exceeded $2.000 per ounce
Information is not investment advice
Ichimoku Kinko Hyo
USD/JPY: The USD/JPY pair has eliminated the key levels of Tenkan Sen and Kijun Sen. Further pressure of the bears will push prices even to lower ground.
XPD/USD: Palladium is now testing the key Fibonacci retracement level at 50%. If the bulls manage to withstand the sellers’ pressure, the commodity will move even higher, with stronger bullish implications.
US Market View
Stock futures rose on Wednesday as investors awaited further updates on stimulus talks. In addition, another batch of economic data reports and corporate earnings are about to be released. Nasdaq index logged a 5th straight session of gains and Dow rose for a 3rd day in a row. Gold exceeded $2.000 per ounce.
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
Japan's inflation is at 2%, but what about a weaker Yen?
Japan's inflation is set to reach 2% in April's reading, for the first time since 2015. But what about the weaker Yen?!
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…
Choose your payment system
