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COVID VACCINE KEEPS TRADERS OPTIMISTIC

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Ichimoku Kinko Hyo

NZD/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.

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Fibonacci Levels

XAG/USD: Silver makes a bearish retracement after a remarkable bullish rally during the last month.

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US Market View

Futures tracking the S&P 500 index hit a record high on Tuesday as investors shrugged off simmering US-China tensions to bet on a stimulus-led economic recovery from the COVID-19 pandemic.

US Key Point

  • The CAD is the strongest and the JPY is the weakest.
  • Trump will brief the press on coronavirus vaccine update later today.

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