April, 2019 | Forex robots store

Easter Lull in Activity

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AdminApr 19, 2019

Technical analysis of Forex market

EUR/USD Outlook: The Euro is Recovering after Thursday’s 0.6% Fall

The Euro bounces from new two-week low at 1.1226, posted after Thursday’s 0.6% fall (the biggest one-day loss since 22 Mar). Bears accelerated after weaker than expected Eu members PMI data on Thursday and were boosted by rally of the...

AdminApr 19, 2019

Technical analysis of Forex market

USD/JPY Daily Chart Suggests Pair Approaching Crucial Resistance

Key Highlights The US Dollar settled above the 110.60 and 111.50 resistances against the Japanese Yen. USD/JPY could attempt to surpass a crucial bearish trend line at 112.60 on the daily chart. The US Retail Sales in March 2019 increased...

AdminApr 19, 2019

Technical analysis of Forex market

GBP/USD Outlook: Bears Taking a Breather above Key 200SMA Support

Cable consolidates within narrow range above three-week low at 1.2978 in holiday-thinned Friday’s trading. The pair fell on Thursday, dragged by fresh weakness of Euro on weak EU PMI data, with little help seen from upbeat UK retail sales readings....

AdminApr 19, 2019

Technical analysis of Forex market

Gold Posts Modest Gains After a 5-day Losing Streak

The precious metal was seen posting some modest gains right after prices set a new yearly low for 2019. Gold prices recovered but only slightly. The gains were mostly attributed to the weekly squaring off of positions. Economic data is...

AdminApr 19, 2019

Technical analysis of Forex market

US Crude Turns Flat

Oil prices turned flat at the top end of the rally with price rising only modestly on Thursday. Reports showed that Saudi Arabia’s oil exports fell by 277,000 barrels per day to just under 7 billion bps in February. Supply of crude...

AdminApr 19, 2019

Technical analysis of Forex market

Euro Slips on Soft Flash PMI Data

The euro was down 0.57% on the day on Thursday. The strong declines came as the flash PMI reports for the eurozone came out weaker than forecast. The eurozone’s manufacturing PMI eased to 47.8 while services PMI was at 52.5....

AdminApr 19, 2019

Fundamental analysis of Forex market

Equities Trade Generally Flat, Few Catalysts Seen amid Market Holidays

Asia Market Update: Equities trade generally flat, few catalysts seen amid market holidays; Aussie CPI and US/Japan currency talks seen next week, US Treasury currency report also in focus General Trend: On Friday, there are market holidays in various countries...

AdminApr 19, 2019

Fundamental analysis of Forex market

The Weekly Bottom Line: Spring is Coming

U.S. Highlights Spring is coming to the U.S. economy after a tough winter. An impressive bounce back in retail sales in March indicates that consumer spending will bounce back in the second quarter after a disappointing start. First quarter GDP...

AdminApr 19, 2019

Technical analysis of Forex market

Dollar Index Probing 10-Month Highs After US Retail Sales

FX traders were casting a wandering eye ahead toward a long holiday weekend this morning, but the US retail sales report pulled their attention back to their monitors. After a disappointing -0.2% m/m reading in February, US retail sales surged...

AdminApr 19, 2019

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Month: April 2019

Easter Lull in Activity

EUR/USD Outlook: The Euro is Recovering after Thursday’s 0.6% Fall

USD/JPY Daily Chart Suggests Pair Approaching Crucial Resistance

GBP/USD Outlook: Bears Taking a Breather above Key 200SMA Support

Gold Posts Modest Gains After a 5-day Losing Streak

US Crude Turns Flat

Euro Slips on Soft Flash PMI Data

Equities Trade Generally Flat, Few Catalysts Seen amid Market Holidays

The Weekly Bottom Line: Spring is Coming

Dollar Index Probing 10-Month Highs After US Retail Sales

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Month: April 2019

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