EUR/USD : more appreciation is ahead
Ichimoku Kinko Hyo CAD/JPY: The pair is trading below the cloud…
The NZD is the Strongest while the EUR is the Weakest
Information is not investment advice
Ichimoku Kinko Hyo
AUD/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Fibonacci Levels
XAU/USD: Gold has made a full correction but still struggles to stand between 23.6% and 38.2% retracement area.
US Market View
U.S. stocks are set to open lower Friday, continuing the recent selloff with investors' confidence hit by a combination of pandemic, economic and political worries. The prospect of further U.S. stimulus remains a key focus, after a plethora of Federal Reserve speakers, including Chairman Jerome Powell, highlighted the need for more aid to keep the recovery going.
US Key Point
- US August prelim durable goods orders come at +0.4% vs +1.4% expected
- Risk aversion grips the market ahead of North American trading
Michael Eliades
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EUR/USD : more appreciation is ahead
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