Stock futures rose in the beginning of the week, setting stocks up to add to last week’s record levels as markets reacted to positive developments over the COVID19 treatment.
The most traded pair has started the week on the positive footing. What are the forecasts?
Monday's session started with pairs trading in ranges…
The last summer days... Let's draw some conclusions from what we have seen since June so far and check our tactical market lense.
The NZD/JPY pair is trading within the cloud. A failed attempt to move higher will push the market to exit the Kumo, confirming a bearish scenario.
The British pound outperformed the euro and the US dollar after the better-than-expected PMI. However, Brexit deadlock pushed the GBP down.
The NZD/JPY pair is now poised to exit the Kumo. If that happens, the currency pair will enter into a new bearish sentiment.
The market sentiment has switched to risk-on today as US-China relationships are getting better. The US dollar is dipping down, while riskier assets are rising.
The market sentiment has switched to risk-on today as US-China relationships are getting better. The US dollar is dipping down, while riskier assets are rising.
USD/JPY is moving sideways between the pivot point at 105.708 and the resistance level at 106.26
USD/CHF is now testing the key resistance at 0.91519
The consolidation that started on Wednesday is continuing so most currency pairs with the USD are going flat.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
|
