I know we've had quite an amazing run these past few month, with over 78% accuracy in our trade ideas and sentiments, and thousands of pips in profits monthly...
The black gold looks set for the first weekly rise in three weeks
Information is not investment advice
Ichimoku Kinko Hyo
AUD/JPY: The AUD/JPY pair has breached the Tenkan Sen level. Further bearish sentiment will push prices into lower ground.
European Market View
- ECB clearly acknowledged the recent weakness in European macro and sees downside risks. Subsequently, EUR/USD went lower to mid 1.16's.
- Global stock markets are on track for the worst week since March amid political uncertainty on US fiscal easing, COVID-19 resurgence and the return of restrictive measures across Europe. Futures are back in 'red' this morning following a few disappointing tech earnings reports after the US closure.
- As far as COVID-19 is concerned, Europe continues to move in the wrong direction at a rapid pace and new cases are running close to 200,000 per day.
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus