
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Don’t waste your time – keep track of how NFP affects the US dollar!
Data Collection Notice
We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.
Join Us on Facebook
Stay on top of company updates, trading news, and so much more!
Thanks, I already follow your page!Beginner Forex Book
Your ultimate guide through the world of trading.
Check Your Inbox!
In our email, you will find the Forex 101 book. Just tap the button to get it!
Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77.93% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.
You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.
Information is not investment advice
Ichimoku Kinko Hyo
NZD/JPY: The NZD/JPY pair is trading slightly below the Tenkan Sen level. An upward wave would lead the market to exceed this level, leading the exchange rate higher.
US Market View
Equity futures in the U.S. were mixed Thursday morning amid a mixed batch of corporate earnings results and a Federal Reserve decision that signalled the central bank was still looking for the U.S. economy to recover further before adjusting its monetary policy.
Contracts on the S&P 500 gained. The index ended Wednesday's regular session in the red but hovered just 0.5% below its recent all-time closing high. Contracts on the Dow Jones Industrial Average also rose, while those on the NASDAQ 100 dipped.
Investors continue to digest a Fed’s decision that signalled the central bank was moving closer to, but not yet quite at the point of, announcing and beginning a roll-back of its crisis-era policies. Specifically, the Federal Open Market Committee's latest statement said that the "economy has made progress toward" the central bank's goals of achieving substantial further progress in the recovery, but that "the Committee will continue to assess progress in coming meetings.
The discussion around when the Fed will announce and begin the tapering of its pandemic-era asset purchase program has become a key concern for market participants, given that this quantitative easing has been central in underpinning asset prices over the past year. The Federal Reserve has continued to carry out purchases totalling $120 billion per month in U.S.
In the FX space the USD continues to weaken against the EUR having the cross trading at 1.1880. Gold has also appreciated due to dollar weakness.
Ichimoku Kinko Hyo CNH/JPY: The CNH/JPY pair is trading above the Kumo…
Ichimoku Kinko Hyo EUR/JPY: The EUR/JPY pair is now trading within the Kumo…
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now trading above the Kumo…
This week, there are a few high-probability trade ideas I'd like to recommend to you. Trading these setups, be sure to implement a proper risk management approach.
On Thursday, the 2nd of February, the Bank of England will publish its report concerning interest rates and inflation data for the Eurozone. Professionals and investors anticipate that Andrew Bailey’s lead team of policy makers will likely raise interest rates to 4%; the highest in over a decade, for the tenth time in a row.
The first FOMC meeting comes after a buildup of anticipation from traders and investors alike, as the markets await what posture the Fed will take regarding the interest rates; would there be a hike or a cut in interest rates? Recall that the Federal Open Market Committee had previously ended the year 2022 with a 50bps hike, and an indication from Powell, the committee chairman, that the Fed could consider raising interest rates by 75bps in the course of the year 2023.
Your request is accepted.
We will call you at the time interval that you chose
Next callback request for this phone number will be available in 00:30:00
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later