Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now testing the lower level of the cloud…
US Dollar Gains in a Low Volume Markets
Information is not investment advice
Ichimoku Kinko Hyo
CHF/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.
XAG/USD: Silver is trying to touch the first zone of 23.6 % as bears gain momentum.
EU Market View
Asian equity markets began the week indecisively as the region reflected on Friday’s US jobs release and continued tech-related losses on Wall Street. Oil prices were pressured at the reopen after Saudi Arabia lowered oil prices to Asia and US customers for October shipments. Looking ahead, highlights from macroeconomic calendar include German industrial production, Eurozone Sentiment index, BoE's Haskel speech. Moreover, notice that US markets are closed for Labor Day.
EU Key Point
- Chief EU Brexit negotiator Michel Barnier is still "worried" about negotiations, which are deemed to be "difficult’’
- India Surpasses Brazil and has the world’s second-most virus cases; confirmed cases rise to 4.2Million.
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now testing the upper level of the cloud…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now trading within the cloud…
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