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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.
XAG/USD: Silver after a remarkable sell off is trading above 23.6% retracement area. Bulls still hesitate to send price higher.
U.S. stocks are seen opening higher Wednesday, with gains seen across all sectors as the optimism following the news of a workable vaccine for the Covid-19 virus persists. The Dow Jones Industrial Average is up 11% in November, rising in six of the last seven sessions and closing in on a new record high, while the Nasdaq Composite has fallen for the last two days. The United States reported a record number of new Covid-19 cases for the seventh day in a row on Tuesday, while the number of deaths surged to their highest daily count since August and hospital admissions hit an all-time high. Oil prices pushed higher Wednesday, continuing the recent positive tone generated by Pfizer’s vaccine news, and helped further U.S. crude inventories falling by more than expected.
President Joe Biden is expected to sign a new “Buy American” order, underlining the essential continuity of US trade policy despite the radical change of tone expected from Donald Trump’s administration.
You will find an interesting find-the-difference game in the article. When do you think gold will reach 1900 again?
Asian shares climbed to near all-time highs on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by the optimism of a $1.9 trillion fiscal stimulus plan to help revive the US economy.
President Joe Biden is expected to sign a new “Buy American” order, underlining the essential continuity of US trade policy despite the radical change of tone expected from Donald Trump’s administration.
You will find an interesting find-the-difference game in the article. When do you think gold will reach 1900 again?
Asian shares climbed to near all-time highs on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by the optimism of a $1.9 trillion fiscal stimulus plan to help revive the US economy.
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