JPY profits during the last hours

JPY profits during the last hours

2020-10-12 • Updated

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Ichimoku Kinko Hyo

AUD/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.

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Fibonacci Levels

 XAU/USD: Gold stands above 23.6% retracement area and signs a strong bullish trend.

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US Market View

U.S. stock markets are set to open mixed, with modest losses in the Dow and marked gains in tech stocks. Talks between House Democrats and the Trump administration on a package of economic relief measures remained deadlocked over the weekend, making it less and less likely that a deal can be found before the election. Oil prices fell as Norwegian offshore workers ended a strike that had threatened to take a quarter of the country’s output offline, while producers in the Gulf of Mexico also tentatively restarted production as Hurricane Delta moved inland.

US Key Point

  • Boris Johnson's supports that the UK is at a critical point to confront the second wave
  • JPY is the strongest and the AUD is the weakest
  • BOJ's Kuroda supports that we have not run out of policy tools

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