Bearish scenario: Shorts below 18100 with TP1: 17900... Anticipated bullish scenario: Intraday Longs above 18130 with TP...
Coronavirus cases surge in Europe
2020-08-20 • Updated
Ichimoku Kinko Hyo
CHF/JPY: The CHF/JPY pair is trading within the cloud. An upward wave would push the market to exit the Kumo, confirming a bullish scenario.
US Market View
The jobless claims of individuals in the United States unexpectedly rose above 1 million in the previous week.
In some countries within Europe, such as Spain and Germany we observe record highest daily coronavirus infection rate since last April as the cases in Europe are surging.
US Key Point
- The jobless claims of individuals in the United States unexpectedly rose.
- Coronavirus cases surge in Europe.
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Latest news
Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...
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.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...