Equity markets climbed in Europe yesterday
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
US Dollar Losses Further Strength on Positive Chinese Data
Information is not investment advice
Ichimoku Kinko Hyo
USD/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
XAG/USD: Silver has achieved a retracement and the outlook continues to seem bullish for today.
EU Market View
Asian equity markets were somewhat mixed as the region only partially sustained the momentum from the firm US handover. Looking ahead, highlights from macroeconomic calendar include UK Labour Market report, German ZEW survey, US NY Fed and Industrial Production, weekly Private Inventory Crude Stocks and ECB's Panetta speech.
EU Key Point
- Equity futures pivot higher heading into European session
- US Dollar breaking down through 93.00 on positive Chinese data
- US COVID cases increase by +36K to 6.57mln
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Brutal session in the equity markets yesterday
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
The U.S. economy added 390,000 jobs in May
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
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