
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
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USD/JPY: The pair is trading above the cloud. An upward pressure would lead the pair to exit further the cloud, confirming a bullish trend.
XAU/USD: Gold during the last hours has been losing the previous gains and dropped again below the 50% retracement area.
Global stocks eyed a fresh record high on Monday as signs of economic recovery in Asia, recent strong corporate earnings, and hopes of a COVID-19 vaccine bolstered investor sentiment. US stock futures in turn pointed to a positive start for Wall Street later in the day. The prospect of economic recovery also helped oil prices strengthen, with both Brent crude futures and West Texas Intermediate up around 1%, just off their intraday highs. The number of new cases across the US rose on Friday to a daily record of over 177 000, the fourth straight day an all-time high was set, according to a Reuters tally of figures from US public health agencies. Governors in several states, including California, Oregon, and Washington have urged residents to avoid traveling out of state, amid concerns that the coming holiday travel season would accelerate already alarming spikes in infections and hospitalizations. Since the pandemic began, the virus has infected 10 690 665 people in the US, killing 243 580 of them, according to a Reuters tally.
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
The stock market has reversed, and now it’s going lower and lower…
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