The advance of S&P500 came as shares of big tech stocks rallied and reflected the trend of the past months of this year in equity markets.
Tag - jpy - japanese yen
USD/JPY: The pair is now trading within the cloud. Any decisive movement to the south will lead USD/JPY to exit the Kumo, confirming the bearish scenario.
Most currency pairs with the USD are in consolidation currently as the USD has stalled its depreciation spree.
ER/JPY: The EUR/JPY pair is now testing the upper level of the cloud. A successful attempt to exit the Kumo will signal a new bullish sentiment.
GBP/JPY: the pair is now trading slightly above the Kijun Sen. A failed attempt to move higher will lead GBP/JPY below the Kijun Sen.
AUD/USD is now poised to test the hurdle at 0.72045
The Japanese yen outperformed the US dollar. Here’s fresh trading ideas for the pair.
In this video we will discuss what will drive the market this week. We will discuss main economic releases and analyze USD/JPY, AUD/USD, EUR/USD and oil. Jump in!
The week has started with a mixed sentiment on the market. Let’s discuss main market movements and latest news.
European stock markets traded lower Friday, with travel stocks weighing after Britain added more countries to its quarantine list while Chinese data suggested a slow economic recovery.
What does determine Friday's moves?
European stock markets are seen opening cautiously higher Friday, with Chinese economic data suggesting a slow recovery ahead of the release of quarterly growth numbers for the eurozone.