Chinese HK50 turned up, the USD is supported by strong retail sales figures, gold will try to consolidate after a decline, and oil needs correction.
Tag - usd
The US showed strong retail sales for August despite the spread of the Delta virus strain. As a result, the US dollar rocketed and gold dropped by 2286 points in half an hour after the release.
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is trading between the Tenkan sen and Kijun sen level…
The South African rand has dropped against the US dollar. What are the reasons?
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now testing the lower level of the Kumo…
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is now testing the previous support level…
The US will reveal its Inflation Rate, while Apple will launch iPhone 13 today. How will the markets react? Let’s find out.
Ichimoku Kinko Hyo CHF/JPY: The CHF/JPY pair is now trading within the cloud…
Usually, the gold price is driven by political and economic uncertainty, like economic crises, election pressure, pandemic effects. But in the face of year-and-a-half lasting monetary stimulus program the price of the haven asset acts differently.
Ichimoku Kinko Hyo GBP/JPY: The GBP/JPY pair is about to test the upper lower of the Kumo…
The next week is going to be interesting for traders. The US, UK, and Canada will reveal the inflation data. Australia will show the labor numbers, while New Zealand – GDP growth.
Ichimoku Kinko Hyo USD/JPY: The USD/JPY pair is now testing the upper level of the Kumo…