March, 2019 | Forex robots store

EUR/USD Outlook: The Euro Remains In Defensive But Struggles At Important 1.1305 Fibo Support, ECB In Focus

The Euro probes again below cracked pivotal support at 1.1305 (Fibo 61.8% of 1.1234/1.1419) after strong fall in past three days dipped to 1.1289 but failed to close below 1.1305 in first attempt. Bearish daily techs and stronger dollar maintain...

AdminMar 6, 2019

Fundamental analysis of Forex market

DAX Dips As Investors Look For Clues

The DAX index has posted slight gains in the Wednesday session, erasing most of the gains seen on Tuesday. Currently, the DAX is at 11,606, down 0.22% on the day. There are no eurozone or German events on the calendar....

AdminMar 6, 2019

Technical analysis of Forex market

XAU/USD Trades To S2 At 1,276.65 Mark

On Tuesday, the yellow metal traded sideways to stay in the range of the 23.60% Fibo and the monthly S2. During Wednesday’s morning hours, gold was resisted by the 23.60% Fibonacci retracement level to trade at the 1,286.31 mark. In...

AdminMar 6, 2019

Fundamental analysis of Forex market

Gold Teases Bulls With Its Potential To Mean Revert

Gold’s decline since its multi-month high has not gone unnoticed, yet there are indications that mean reversion could soon be on the horizon. Since August’s low, gold had gained increasingly bullish attention which saw it trade nicely within a tight...

AdminMar 6, 2019

Market overviews

Australian Dollar Tumbles on Bet of RBA Rate Cuts after Dismal GDP

Australian Dollar tumbles broadly today as traders add to bet of RBA rate cuts after poor Q4 GDP. RBA Governor Philip Lowe basically maintained upbeat view on the outlook in a speech, but that was largely ignored. Sterling is also...

AdminMar 6, 2019

Technical analysis of Forex market

EUR/USD And USD/CHF: US Dollar Bulls In Control

EUR/USD failed to hold gains above the 1.1350 level and declined below 1.1320. USD/CHF surged higher and broke the key 1.0020 resistance level to move into an uptrend. Important Takeaways for EUR/USD and USD/CHF The Euro topped above the 1.1400...

AdminMar 6, 2019

Central banks news

ECB Preview – Downgrades in Forecasts, Changes in Forward Guidance and Hints on New Lending

More dovish messages from ECB seem inevitable at the upcoming meeting. Clouded by Brexit uncertainty, trade conflicts with the US and global economic slowdown, economic developments since the January meeting turned out weaker than expected. We expect ECB to revise...

AdminMar 6, 2019

Finance news

Square Capital head: Leveraging data to extend credit to small businesses that lack access to loans

Square Capital, the lending arm of Square Inc., has taken advantage of a market of small- and medium-sized businesses that lack access to traditional financing, the subsidiary’s head Jackie Reses told CNBC Tuesday. In a sit-down interview with Jim Cramer...

AdminMar 6, 2019

Finance news

Ex-Obama advisor Larry Summers rips ‘dangerous’ economics backed by Ocasio-Cortez and other Dems

Advocating the government print money without worrying about paying the bills to guarantee jobs for everyone, Medicare-for-all, or the Green New Deal is a dangerous approach being pushed by far-left Democrats, former Barack Obama economic advisor Larry Summers told CNBC...

AdminMar 5, 2019

Trading training

The New York Session: Forex Trading Tips

The New York forex session is one of the most liquid forex trading sessions. When the US session overlaps with the London forex market session it is considered to be the most liquid period of the day. What time does...

AdminMar 5, 2019

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Month: March 2019

EUR/USD Outlook: The Euro Remains In Defensive But Struggles At Important 1.1305 Fibo Support, ECB In Focus

DAX Dips As Investors Look For Clues

XAU/USD Trades To S2 At 1,276.65 Mark

Gold Teases Bulls With Its Potential To Mean Revert

Australian Dollar Tumbles on Bet of RBA Rate Cuts after Dismal GDP

EUR/USD And USD/CHF: US Dollar Bulls In Control

ECB Preview – Downgrades in Forecasts, Changes in Forward Guidance and Hints on New Lending

Square Capital head: Leveraging data to extend credit to small businesses that lack access to loans

Ex-Obama advisor Larry Summers rips ‘dangerous’ economics backed by Ocasio-Cortez and other Dems

The New York Session: Forex Trading Tips

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Month: March 2019

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