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.
Tag - usd
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
GBP/USD: technical review
Where is GBP/USD going? See the long-term and short-term technical layout for this important currency pair.
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.
European markets slightly higher after the record highs of S&P500
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.
EUR/USD stabilized below 1.1950
The most traded pair takes a breath after reaching levels unseen since May of 2018.
South African Rand is boosted by risk-on mood
Goldman Sachs claims the ZAR may rise further, if global markets keep rallying. Let’s discuss it in detail.
S&P500 hit an all-time high in the previous session
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.
August 19: the USD stalls
Most currency pairs with the USD are in consolidation currently as the USD has stalled its depreciation spree.
