March, 2019 | Forex robots store

WTI Oil Outlook: Bulls May Correct Further After Initial Failure At Psychological $60 Barrier

WTI oil stands at the back foot on Friday and eases to $59.30 after bulls ran out of steam and failed to close above cracked $60 barrier in repeated attempt. Overbought daily studies and bearish divergence on slow stochastic suggest...

AdminMar 22, 2019

Technical analysis of Forex market

GBPJPY Loses Ground, Neutral In Near Term

GBPJPY had another bearish start on Friday, with the price breaking the crucial 23.6% Fibonacci retracement level of the upleg from 132.48 to 148.85, around 145.00. The technical indicators in the 4-hour chart are endorsing this view, with the RSI...

AdminMar 22, 2019

Technical analysis of Forex market

EURGBP Runs To 1-Month Highs, Tests Upper Bollinger Band

EURGBP pierced the 50-day moving average and a key support and resistance area around 0.8690 on Thursday to reach a one-month high of 0.8726. Gains though appeared short-lived, with the price starting Friday’s trading in negative mood. Meanwhile in momentum...

AdminMar 22, 2019

Technical analysis of Forex market

EUR/JPY Declines After German Data Release

Downside risks have continued to dominate the single European currency against the Japanese Yen since yesterday’s trading session. The currency pair has revealed a new junior descending channel pattern. Today’s trading session began with strong bearish momentum, and by the...

AdminMar 22, 2019

Technical analysis of Forex market

AUD/USD Finds Support At 0.7090

Downside risk dominated the Australian Dollar against the US Dollar on Thursday. The Aussie depreciated about 1.07% in value against the Greenback during yesterday’s trading session. The currency pair is currently testing a resistance level formed by the 200-hour simple...

AdminMar 22, 2019

Technical analysis of Forex market

USD/CAD Moving Towards Target

Upside risks dominated USD/CAD on Thursday. The currency pair bounced off a support level formed by the weekly S1 at 1.3271 during the Asian session on Thursday. The pair ended yesterday’s trading session with 124 base points gains. The exchange...

AdminMar 22, 2019

Technical analysis of Forex market

NZD/USD Decline Likely To Continue

The New Zealand Dollar depreciated about 78 base points against the US Dollar on Thursday. The decline was temporarily stopped by a support level formed by the 100-hour simple moving average at 0.6871. Friday’s trading session started with a bearish...

AdminMar 22, 2019

Finance news

Trump says GDP would have topped 4% if Fed had halted rate hikes sooner

U.S. economic growth would be much stronger had the Federal Reserve stopped raising rates sooner, President Donald Trump said in an interview that aired Friday. “If we didn’t have somebody raising interest rates and do quantitative tightening we would have...

AdminMar 22, 2019

Technical analysis of Forex market

AUD/USD Outlook: Aussie Extends Weakness After Bulls Were Strongly Rejected

The Aussie dollar remains in red on Friday and cracks significant technical support at 0.7095 (converged 10/20SMA’s, following strong upside rejection on Thursday. Recovery leg from 0.7003 (08 Mar low) stalled at strong barriers provided by 100SMA and daily cloud...

AdminMar 22, 2019

Technical analysis of Forex market

EUR/USD Analysis: Trades Sideways

During Thursday’s trading session, the European Single Currency passed the support levels of the 55-hour and the 100-hour simple moving averages to end the trading session at 1.3800. On Friday morning, the rate passed through the support level of the...

AdminMar 22, 2019

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Month: March 2019

WTI Oil Outlook: Bulls May Correct Further After Initial Failure At Psychological $60 Barrier

GBPJPY Loses Ground, Neutral In Near Term

EURGBP Runs To 1-Month Highs, Tests Upper Bollinger Band

EUR/JPY Declines After German Data Release

AUD/USD Finds Support At 0.7090

USD/CAD Moving Towards Target

NZD/USD Decline Likely To Continue

Trump says GDP would have topped 4% if Fed had halted rate hikes sooner

AUD/USD Outlook: Aussie Extends Weakness After Bulls Were Strongly Rejected

EUR/USD Analysis: Trades Sideways

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Month: March 2019

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