March, 2019 | Forex robots store

US manufacturing output falls for a second straight month

U.S. manufacturing output fell for a second straight month in February, offering further evidence of a sharp slowdown in economic growth early in the first quarter. The Federal Reserve said on Friday manufacturing production dropped 0.4 percent last month, held...

AdminMar 15, 2019

Technical analysis of Forex market

EUR/CAD Poised for a Rally?

Despite the data out just a few moments ago that Canadian manufacturing sales rebounded by a good 1.0% (vs. 0.4% expected), the medium-term lower highs and the lack of a clear short-term trend, we think this FX pair is looking...

AdminMar 15, 2019

Technical analysis of Forex market

GBPJPY Heads Higher Towards Key Resistance Level

GBPJPY heads higher towards key resistance level as it retain its short term uptrend. On the downside, support comes in at the 147.50 level where a violation will aim at the 147.00 level. A break below here will target the...

AdminMar 15, 2019

Fundamental analysis of Forex market

Canadian Dollar Rally Fizzles, Manufacturing Production Next

The Canadian dollar is unchanged in the Friday session, after slight losses on Thursday. Early in the North American trade, the pair is trading at 1.3332, down 0.02% on the day. In the U.S., there are two key events. The...

AdminMar 15, 2019

Fundamental analysis of Forex market

DAX Hits 5-Month High As British Parliament Vote For Brexit Delay

The DAX continues to show strong movement this week, and the volatility has continued on Friday. The index has jumped 1.0% on the day, climbing to its highest level since mid-October. Currently, the DAX is at 11,695. In economic news,...

AdminMar 15, 2019

Technical analysis of Forex market

AUD/USD Outlook: Aussie Ticks Higher On Improved Risk Sentiment But The Downside Remains Vulnerable

The Aussie stands at the front foot on Friday following double rejection at daily cloud base/10SMA (0.7050/64), but the upside remains limited by cloud top /20SMA (0.7096/98) for now. Improved risk sentiment on US/China trade talk progress inflated the Australian...

AdminMar 15, 2019

Technical analysis of Forex market

EUR/USD Outlook: Repeated Close Above Key Fibo Barrier To Signal Recovery Extension

The Euro regained traction on Friday and recovered the most of Thursday’s 1.1337/1.1294 dip after four-day rally stalled at falling 30SMA. Thursday’s close in red and failure to repeatedly close cracked Fibo barrier at 1.1326 (38.2% of 1.1569/1.1176) softened near-term...

AdminMar 15, 2019

Fundamental analysis of Forex market

DAX: Could EU Stocks Catch Up With Wall Street?

As mentioned yesterday, while there are some key risks facing equity market investors, the major stock indices continue to exhibit bullish characteristics for the time being, suggesting more short-term gains could be on the cards. Indeed, despite a flat end...

AdminMar 15, 2019

Fundamental analysis of Forex market

EUR/USD – Euro Steady As Eurozone Inflation As Expected

EUR/USD has edged higher on Friday, recovering the losses sustained on Thursday. Currently, the pair is trading at 1.1324, up 0.18% on the day. On the release front, the focus is on inflation data. German WPI rebounded after two straight...

AdminMar 15, 2019

Technical analysis of Forex market

EUR/USD Is Supported By 55-Hour SMA

During Thursday’s trading session, the European Single Currency was supported by the 55-hour simple moving average to keep trading inside the trend line at 1.1300. On Friday morning, the rate was located at the 1.1320 mark. In regards to the...

AdminMar 15, 2019

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Month: March 2019

US manufacturing output falls for a second straight month

EUR/CAD Poised for a Rally?

GBPJPY Heads Higher Towards Key Resistance Level

Canadian Dollar Rally Fizzles, Manufacturing Production Next

DAX Hits 5-Month High As British Parliament Vote For Brexit Delay

AUD/USD Outlook: Aussie Ticks Higher On Improved Risk Sentiment But The Downside Remains Vulnerable

EUR/USD Outlook: Repeated Close Above Key Fibo Barrier To Signal Recovery Extension

DAX: Could EU Stocks Catch Up With Wall Street?

EUR/USD – Euro Steady As Eurozone Inflation As Expected

EUR/USD Is Supported By 55-Hour SMA

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Month: March 2019

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