US100: Consolidated and preparing correction below 18100. Key levels on H4!
Bearish scenario: Shorts below 18100 with TP1: 17900... Anticipated bullish scenario: Intraday Longs above 18130 with TP...
Brexit talks set to restart
2020-10-21 • Updated
Ichimoku Kinko Hyo
EUR/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 gains and moves above 23.6% level. It seems that bulls will gain further.
US Market View
A senior US official tells Politico's Morning Money that (in relation to recent upbeat comments from House Speaker Pelosi) that there was “nothing real here” and accused Pelosi of just “running out the clock” before the election. The political theater over a U.S. fiscal stimulus package drags on into another day, with House Speaker Nancy Pelosi extending her self-imposed deadline for a deal and President Donald Trump putting more pressure on Senate Republicans via Twitter and the campaign trail to agree to a larger package of support measures. Crude oil prices came off the highs posted in reaction to progress on the U.S. stimulus talks but remain well supported, helped by weakness in the dollar which it makes oil cheaper for non-U.S. buyers.
US Key Point
- Canada new home prices jump the most in 14 years
- Brainard making the case for owning stocks: "Financing conditions favorable for large businesses, tight for small businesses"
- Fed's Brainard supports that aside from virus, biggest downside risk is no fiscal support
- Paypal to allow users to buy, hold and sell four cryptocurrencies
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...
