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Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

S&P500 attempts last February’s record close

S&P500 attempts last February’s record close

Information is not investment advice

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Ichimoku Kinko Hyo

AUD/JPY: The AUD/JPY pair is now trading outside of the Kumo. The next resistance is seen at the Kijun Sen. Further bullish momentum will lead the pair into higher ground.

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Fibonacci Levels

 XAU/USD: The commodity is now testing the key level at 50% of the Fibonacci retracement levels. A successful attempt to move higher will most likely signal stronger bullish implications, targeting the forthcoming level at 61.8%.

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US Market View

The United States stock futures were steady today, with S&P500 takes aim again at last February’s record close.

Builder confidence in the newly-built, single-family home market jumped by six points to 78 this August on the National Association of Home Builders (Wells Fargo Housing Market Index). Any figure above 50 is considered positive sentiment.

New cases of COVID-19 have remained stubbornly high in recent days, with the world facing record numbers daily.

US Key Point

  • S&P500 takes aim again at last February’s record close Gold exceeded the $2.000 per ounce.
  • Builder confidence in the newly build, single family home market jumped by six points.
  • New cases of COVID-19 have remained stubbornly high in recent days.

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