Best Trade Ideas for April
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...
USD/JPY Tries to Stay Below the 100-hour MA
Information is not investment advice
Ichimoku Kinko Hyo
GBP/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 made a full correction but still struggles to touch the 23.6% correction.
US Market View
Another lockdown scares in the U.K. and more dovish remarks expected from the Federal Reserve have not done as much for gold as they have done for the dollar.
The dollar index was up late Tuesday afternoon in Asia, extending the 0.8% gain in the previous session, when COVID-19 fears and worries over the US Congress’ stimulus impasse drove a selloff across other assets.
US Key Point
- Biden trade adviser says he would use tariffs if elected
- Philly Fed September non-manufacturing index comes at +8.0 vs +1.6 prior
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