Equity markets were very heavy yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
The USD/CAD on a bullish reversal
Information is not investment advice
The USD started the day dropping against the Canadian dollar. On the H1 chart of USDCAD, the 1.3230 mark was reached forming the local support level. With the RSI crossing the 30%, the traders have a good chance to open longs as the market is likely to get a bullish push. The resistance levels to be met in this direction may be placed at 1.3250, 1.3260 and 1.3266. A scenario of the market reversal downwards would have the second support level at 1.3214 on its way.
Similar
EURGBP rose on dovish BoE
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
The highlight for markets today will be the FOMC meeting
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
Popular
What Are Market Cycles And How Do Traders Use Them?
Financial markets alternate between periods of decline and growth. They are related not only to the economy, but also to the psychology of investors.
Indices and Stocks in the Red
The stock market has reversed, and now it’s going lower and lower…
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?
Choose your payment system
