I know we've had quite an amazing run these past few month, with over 78% accuracy in our trade ideas and sentiments, and thousands of pips in profits monthly...
US futures have dipped slightly lower
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair is now testing the Tenkan sen level. A successful attempt to move higher will fuel the exchange rate to hit the previous peak. On the other hand, a failed attempt to exceed the Tenkan sen level will push prices to find support at the upper level of the Kumo.
Market View
The market focus remains on possibility of peace negotiations between Russia and Ukraine.
A key event in today’s agenda will be the ECB meeting, where markets will get important signals on how the ECB sees the current situation between inflation and growth.
Markets were fully risk on yesterday as President Zelenskyi's deputy chief of staff I. Zhovkva hinted they are open for diplomatic talks regarding the country's neutrality. European and U.S. markets moved significantly higher on this information. DowJones climbed higher 2%, S&P 500 2.6% and NASDAQ 3.6%. Asian markets are following the rebound this morning. US futures have dipped slightly lower.
Similar
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
Popular
eurusd-is-falling-what-to-expect-from-the-future-price-movement
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus