Cable hit record high since 2018

Cable hit record high since 2018

2021-02-09 • Updated

2021_02_09_15_49_02_Template1_Autosaved_PowerPoint.png

GBPUSDM30.png

2021_02_09_15_53_36_Template1_Autosaved_PowerPoint.png

EURGBPM30.png

Ichimoku Kinko Hyo

NZD/JPY: The pair is trading below the cloud. A downward pressure would lead the pair to exit further the cloud, confirming a bearish outlook.

NZDJPYM30.png

Fibonacci Levels

XAU/USD: Gold bulls return and send price above the 23.6% retracement area.

XAUUSDH4.png

US Market View

US stocks are seen trading slightly lower Tuesday, consolidating from record levels, with investors keeping a wary eye on the ongoing earnings season and ahead of Donald Trump’s second impeachment trial. All three major indices on Wall Street closed at all-time highs on Monday. The Dow Jones Industrial Average and S&P 500 have now advanced for six straight sessions, their longest win streaks since August, while the Nasdaq Composite has finished higher on five of those six days. Also helping the tone has been a largely positive earnings season so far, coupled with improving numbers on the pandemic. The United States reported a 25% drop in new cases of Covid-19 to about 825,000 last week, the biggest fall since the pandemic started, while deaths fell 2.5%.

Sino-US ties will stay tense as US President Joe Biden is unlikely to rush into new deals with the world's second-largest economy or reduce tariffs on China, even if he is willing to re-engage with multilateral trade, economists and strategists said.

USA Key Point

  • USDJPY trending lower and stepping through technical levels in the process.
  • The CHF is the strongest and the USD is the weakest.
  • Risk trades ease lower as the market catches its breath.
  • Silver up by nearly 2% on the day as buyers’ eye $28 again.
  • Italian 10-year bond yields fall to record low as Draghi government eyed.
  • EUR/USD extends gains to 1.2100 as the dollar slips further on the day.

TRADE NOW

Cable hit record high since 2018

Similar

Latest news

ALIBABA: unclear future
ALIBABA: unclear future

On Wednesday, at 14:30 GMT+3 Alibaba reports its quarterly earnings. Will they push the stock?

Deposit with your local payment systems

Learn more

Data collection notice

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

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera