European stocks moved higher in the beginning of the session on Tuesday
EUR/USD has tested the hurdle at 1.18431 in today's session
Tag - jpy - japanese yen
August 25: S&P set record high
The overall sentiment remains upbeat amid vaccine hopes and improved US-China relationships. Follow the report of US consumer confidence at 17:00 MT time!
German IFO expectations for August
EUR/USD is gyrating the pivot point at 1.18078
Travel and airline sectors are expected to rise in today’s session
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.
August 24: Tight ranges
Monday's session started with pairs trading in ranges…
Potential new fiscal policy package in the US
The market focus today will be on politics, with the attempt in the United States to get a new fiscal policy package and the relations with China.
European stocks traded slightly lower on Friday afternoon
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.
Global PMIs will be released today
The NZD/JPY pair is now poised to exit the Kumo. If that happens, the currency pair will enter into a new bearish sentiment.
August 21: risk-on is back
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.
Coronavirus cases surge in Europe
USD/JPY is moving sideways between the pivot point at 105.708 and the resistance level at 106.26
The United States jobless claims will be released
USD/CHF is now testing the key resistance at 0.91519
August 20: consolidation
The consolidation that started on Wednesday is continuing so most currency pairs with the USD are going flat.
