
Whenever inflation exceeds 4% and unemployment falls below 5%, the US economy enters a recession in two years.
Don’t waste your time – keep track of how NFP affects the US dollar!
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Ichimoku Kinko Hyo
CHF/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 bullish momentum.
Fibonacci Levels
XAU/USD: Gold makes a full bearish retracement after a remarkable bullish rally during the last month.
European Market View
Asian stock markets rose this morning on relief that another round of Sino-US sparring appears not to have spilled over into trade, while hopes for US stimulus support oil and other commodity currencies.
European Key Point
Whenever inflation exceeds 4% and unemployment falls below 5%, the US economy enters a recession in two years.
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Last week brought a selloff in markets. Some assets reached the most crucial support levels and are likely to reverse in a short term. Be ahead of trends and make the most out of this week!
Historically, the stability of the franc is caused by the solid Swiss economy and a highly developed banking system…
A four-day lockdown turned out to be two months of complete isolation. Factories are frozen, supply chains are under heavy pressure, and the future is gloomy. Find out how to trade in times of crisis in this article!
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