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Risk Off Returns Strong

Risk Off Returns Strong

Information is not investment advice

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EURUSDM30.png

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USDJPYM30.png

Ichimoku Kinko Hyo

GBP/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.

GBPJPYM30.png

Fibonacci Levels

XAU/USD: Gold moves to the 23.6% retracement level. It seems that gold loses strength under the current risk-off mood.

XAUUSDM30.png

EU Market View

EU Chief Brexit negotiator Barnier and his UK counterpart Frost have extended discussions in London until Wednesday. Looking ahead, highlights from the macroeconomic calendar include German IFO, US New Home Sales, New Zealand Trade Balance, Chinese Communist Party Key Meeting (26th – 29th), SNB’s Jordan speech.

EU Key Point

  • China says to sanction Boeing Defense, Lockheed Martin over Taiwan arms sale
  • French government scientific advisor supports that there are 100 000 new coronavirus cases a day in France

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