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Vaccine hopes ad upbeat data lift stocks
Vaccine optimism boosted risk appetite, lifting Asian markets overnight and putting European bourses on track for a stronger start. Upbeat UK inflation data has added to the risk on tone. Meanwhile, elevated US – Chinese tensions are broadly being shrugged off.
Risk sentiment has soared after Modern
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EURUSD bulls aim resistance around 1.1480/90 now
#EUR/USD#
EURUSD cleared past 1.1420 and bulls are poised to target higher towards 1.1490 from here. The risk-reward ratio to initiate long positions from here doesn't look appealing. We would rather wait for a potential top to be carved at above resistance to initiate potential shor
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Japan to discuss with 10 countries about easing travel restrictions – Kyodo
Kyodo news agency carries fresh headlines on Friday, citing that Japan is likely to discuss with 10 countries and regions including China, South Korea and Taiwan about easing travel restrictions.
Earlier today, Reuters reported that Japanese Prime Minister (PM) Shinzo Abe and Australian PM Scott Mor
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AUDJPY STRONG TRADE SETUP
#AUD/JPY#
UADJPY has moved in the bullish channel for a long while, but strengthening YEN against Aussie has forced a breakout of movement. We can take a trade as it retested 74.55 level to 72.55level where it finds strong support. Use proper money management and risk to reward ratio.
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Join the IM Group, Chat with traders!
Following the launch of FOLLOWSTAR and it’s 90USD bonus campaign, we now have a new message feature that will be grouped by regions. You may connect and interact with FOLLOWME and other users within the same region, specifically: Vietnamese TradersIndonesian Traders Malaysian TradersThai TradersOnce
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EUR/USD: Bulls to strike the 1.1350 double-top
At press time, EUR/USD surges 0.29% to 1.1283 as Thursday's 4-hour chart several bullish developments for the world’s most popular currency pair. Yohay Elam, an analyst at FXStreet, points to the double-top at 1.1350 as a tough resistance.
Key quotes
“EUR/USD has dipped below the uptrend support li
Pull-up Update