Equity markets were very heavy yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Risk Appetite Returns
Information is not investment advice
Ichimoku Kinko Hyo
NZD/JPY: The pair is trading in a bullish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bukkish momentum.
Fibonacci Levels
XAG/USD: Silver stands above the 23.6% retracement area. Buyers have returned.
US Market View
Global markets again went their separate ways, with the Japanese, Korean and Chinese markets all falling heavily while European ones rose. Oil prices rebounded overnight as a degree of stability returned to risk assets.
US Key Point
- ECB forecasts said to show more confidence in the economic outlook
- Canada August housing starts comes at 262.4K vs 217.5K than expected
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