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The NZD is the Strongest while the EUR is the Weakest

The NZD is the Strongest while the EUR is the Weakest

Information is not investment advice


AUDJPYM30 (5).png


GBPUSDM30 (6).png

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.

AUDJPYM30 (5).png

Fibonacci Levels

 XAU/USD: Gold has made a full correction but still struggles to stand between 23.6%  and 38.2% retracement area.

XAUUSDM30 (1).png

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




Walmart earnings outlook

Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?

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