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The EUR/JPY pair is now testing the Tenkan sen level

The EUR/JPY pair is now testing the Tenkan sen level

Information is not investment advice





Ichimoku Kinko Hyo

EUR/JPY: The EUR/JPY pair is now testing the Tenkan sen level. A failed attempt to move higher will push prices below the Kijun sen level. Further bearish sentiment would lead the exchange rate to tetest the previous low.


US Market View

Concerns regarding Covid-19 keep European markets flat in today’s session. U.K. gross domestic product grew by 1%, stronger than expected. The pan-European index Stoxx 600 was gyrating the flatline, while DAX 30, at 0.50%, reached the level of 15900 intraday.

Stock futures set to a higher open this morning after another record setting session. Investors considered the likelihood of more government spending on infrastructure. In addition, the Labor Department released the jobless claims for the previous week. Another 375000 individuals filed new unemployment claims last week.


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Investors in popular FAANG stocks have enjoyed a great run over the last year as a combination of super-low interest rates from the Federal Reserve and high growth from the individual tech companies has made an easy bull case…


Carnival is Leaving the Dock!

On Thursday, September 23, shares of Carnival had jumped a solid 3% after the cruise line announced it is on track to have 50% of its fleet sailing again by October, and 65% by the end of the year. So what? Read the article to find out!

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