Choppy Markets in US Session

Read the article on FBS website

usdchf  30 min.png

USDCHFM30.png

audusd 30 min.png

AUDUSDM30.png

Ichimoku Kinko Hyo

CAD/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.

CADJPYM30 ich.png

Fibonacci Levels

 XAU/USD: Gold has made a full retracement and it seems that bullish trend remains strong.

XAUUSDM30 fib.png

US Market View

China’s economy continued its rebound from the coronavirus pandemic, with a round of key data for August all coming in above expectations. U.S. stock markets are indicated to open higher, extending Monday’s sharp gains, supported by conviction that the growth narrative underpinning tech stocks is still intact, and that the market’s technicals seem healthy.

 

US Key Point

  • Ray Dalio's Bridgeater is down 18.6% in the Pure Alpha II fund this year
  • Canada July manufacturing sales comes at +7.0% vs +9.0% expected
  • US Empire manufacturing index for September comes at 17 .0 vs. 6.8 estimate

TRADE NOW

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.