Two days ago, we sent out a new short trade on EUR/USD at 1.2180 in addition to a pending order to short again at 1.2205.
Daily Market Analysis
Information is not investment advice
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
US inflation report and ECB meeting will shake the market on Thursday. More opportunities for traders! Read the article to know how the market will probably react.
Fibonacci Levels XAU/USD: Gold facing a further consolidation above 23…
Fibonacci Levels XAU/USD: Gold facing a further consolidation above 23…
Fibonacci Levels XAU/USD: Gold facing a further consolidation above 23…
Ichimoku Kinko Hyo EUR/JPY: The pair is trading above the cloud…
Ichimoku Kinko Hyo CAD/JPY: The pair is trading below the cloud…
Gold managed to bounce back right after the US Jobs Report on Friday and closed the week near $1900 resistance. Gold continues to benefit from inflation expectations. Yet, such rebound is unlikely to be sustainable.
The US Jobs Report could be considered as a disappointing report, excluding the wages growth which keeps the fears over inflation.
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…