Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Gold: trade the tactical levels
Information is not investment advice
Gold is down to $1 860 this week. That’s a retrace downwards from the upward march to $1 900 it did recently. Technically, looks very likely that this all fall well into the wavy uptrend as marked on the H4 chart below. If the trend continues, the gold price may reach $1 960 by the end of January – under the assumption that the current march keeps going upwards at the same pace. Reaching $1 900 and crossing it in about two weeks would be a good indicator to confirm that assumption. Therefore, let’s watch this resistance of $1 900 – it has tactical importance now.
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Brutal session in the equity markets yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
The U.S. economy added 390,000 jobs in May
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
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