Gold: bouncing from local support
What's the upside target for gold now? Read the article and set your levels for the previous metal.
US Job Claims Keep Markets Skeptical
2020-09-24 • Updated
Ichimoku Kinko Hyo
EUR/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.
Fibonacci Levels
XAU/USD: Gold has made a full correction but still struggles to touch the 23.6% correction.
US Market View
The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace. Economists had forecast a decline to 840,000. The prior week's figure was revised up to 866,000 from an initially reported 860,000.
US Key Point
- GBPUSD bases against 100/200-day MA today
- The EURUSD trading lower for the 5th day in a row
Michael Eliades
Similar
NZD/USD: entering the six-year resistance zone
The New Zealand dollar has been really strong lately. Will it beat the multiyear highs?
USD/JPY: milestones of 2020 in the uptrend of 2021
Will USD/JPY make upswings following the resistance levels already met in 2020?
Latest news
S&P 500: recovery and reconquest?
How to trade the main US stock market index now? Read the article!
Oil: about to beat $63?
After reaching $60, WTI oil has taken a new pattern - still an uptrend, though. When will it make the next step?
NVIDIA: hottest stock of the week
NVIDIA is set to release its earnings results after the closing bell on February 24. What to expect?
Deposit with your local payment systems
