Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
JPY profits during the last hours
Information is not investment advice
Ichimoku Kinko Hyo
AUD/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
XAU/USD: Gold stands above 23.6% retracement area and signs a strong bullish trend.
US Market View
U.S. stock markets are set to open mixed, with modest losses in the Dow and marked gains in tech stocks. Talks between House Democrats and the Trump administration on a package of economic relief measures remained deadlocked over the weekend, making it less and less likely that a deal can be found before the election. Oil prices fell as Norwegian offshore workers ended a strike that had threatened to take a quarter of the country’s output offline, while producers in the Gulf of Mexico also tentatively restarted production as Hurricane Delta moved inland.
US Key Point
- Boris Johnson's supports that the UK is at a critical point to confront the second wave
- JPY is the strongest and the AUD is the weakest
- BOJ's Kuroda supports that we have not run out of policy tools
Similar
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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Best Instruments to Trade This Week
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
European Currencies Ahead of the Banks' Statements
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
Will the FOMC Surprise the Markets?
The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates? Recall that the Federal Open Market Committee had previously ended the year 2022 with a 50bps hike, and an indication from Powell, the committee chairman, that the Fed could consider raising interest rates by 75bps in the course of the year 2023.
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