What is happening? During June 2021, the US dollar index has gained 2…
Traders Focusing on NFP
Information is not investment advice
Ichimoku Kinko Hyo
EUR/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.
XAU/USD: Gold makes another full retracement. It seems that each pullback for gold is a buying opportunity.
European Market View
Asian equity markets failed to sustain the positive tone from Wall Street where all major indices notched gains as technology sector outperformed for another day. Looking ahead, highlights from macroeconomic calendar include German Trade Balance, US and Canadian Labour Market Reports and Fed's Rosengren speech.
European Key Point
- Germany June industrial production comes at +8.9% vs +8.2% m/m than expected.
- Trump signs executive order to address threat of WeChat.
- Germany reports 1,147 new coronavirus cases in latest update today.
As we discussed in the previous article devoted to gold, the price is growing extremely fast after a dovish FOMC’s statement…
What happened? Facebook presented an earnings report on July 28…
Ichimoku Kinko Hyo NZD/JPY: The NZD/JPY pair is trading slightly below the Tenkan Sen level…