April, 2019 | Forex robots store

AUD/USD Outlook: Aussie Rallied On Strong Data But Face Again Strong Headwinds At 55SMA

The Aussie dollar rallied strongly in Asian session on Wednesday, boosted by upbeat data (Australia’s retails sales Feb 0.8% vs 0.3% f/c and trade surplus widened in Feb to 4.80bn A$ from 4.35 bn A$ in Jan). Better than expected...

AdminApr 3, 2019

Technical analysis of Forex market

GBPUSD Breakout Above 1.3216

The British pound has moved to a fresh weekly trading high against the US dollar after British PM Theresa May announced that she wants to extend the United Kingdom’s departure date from the European Union. The GBPUSD pair has a...

AdminApr 3, 2019

Technical analysis of Forex market

AUD/USD Aims For Swing High At 0.7143

During the last 24 hours, the Australian Dollar versus the US Dollar has gained about 0.93% in value. The weekly S2 at 0.7058 provided support for the currency pair during yesterday’s trading session. Technical indicators suggest that the AUD/USD exchange...

AdminApr 3, 2019

Fundamental analysis of Forex market

Currencies: EUR/USD Holding Above The 1.1177/87 Support, At Least For Now

Rates: US ADP and non-manufacturing ISM key for tradingMonday’s stronger than expected US manufacturing ISM and improving Chinese gauges stemmed recession fears at the start of the week. The jury is still out though. Today’s US ADP employment report and...

AdminApr 3, 2019

Fundamental analysis of Forex market

Brexit, Trade Talks, Bitcoin, Oil, Gold

European equity markets are poised to open around half a percentage point higher on Wednesday, with the FTSE the notable underperformer after the pound rallied following Theresa May’s appeal to the opposition to help break the Brexit impasse. Sterling higher...

AdminApr 3, 2019

Market overviews

Trade Talk Optimism and Chinese Service Data Lift Sentiments, Yen Pressured

Yen is back under pressure again today as Asian stock markets extend this week’s rally. Stronger than expected Chinese services data is lifting sentiments. Meanwhile, there is somewhat some optimism on US-China trade negotiations, which is restarting in Washington today....

AdminApr 3, 2019

Technical analysis of Forex market

GBPUSD Retains Upside Pressure On Recovery

GBPUSD retains upside pressure on recovery higher. Support stands at 1.3000 level. Further down, support comes in at the 1.2950 level where a break will turn focus to the 1.2900 level. Further down, support lies at the 1.2850 level. Below...

AdminApr 3, 2019

Finance news

Trump reportedly told Fed’s Powell that he’s ‘stuck’ with him

President Donald Trump is not warming up to Federal Reserve Chairman Jerome Powell. Despite the Fed doing two key things the White House has called for — putting an end to shrinking its balance sheet and halting rate hikes —...

AdminApr 3, 2019

News and opinion on finance

Macaskill on markets: Bank shares and the Charlie Brown trap

Bank shares have bounced back from recent lows in early 2019, but investors tempted to bet on a sustained rally risk yet another year of disappointment. The Peanuts comic strip features a recurring gag where Charlie Brown is convinced to...

AdminApr 2, 2019

Fundamental analysis of Forex market

UK Services PMI Due, as Pound Eyes Long Brexit Extension

The main release in the UK this week will be the services PMI for March, due out on Wednesday at 09:30 GMT. However, politics will probably eclipse economics in driving the British currency. On that front, Parliament could hold another...

AdminApr 2, 2019

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Month: April 2019

AUD/USD Outlook: Aussie Rallied On Strong Data But Face Again Strong Headwinds At 55SMA

GBPUSD Breakout Above 1.3216

AUD/USD Aims For Swing High At 0.7143

Currencies: EUR/USD Holding Above The 1.1177/87 Support, At Least For Now

Brexit, Trade Talks, Bitcoin, Oil, Gold

Trade Talk Optimism and Chinese Service Data Lift Sentiments, Yen Pressured

GBPUSD Retains Upside Pressure On Recovery

Trump reportedly told Fed’s Powell that he’s ‘stuck’ with him

Macaskill on markets: Bank shares and the Charlie Brown trap

UK Services PMI Due, as Pound Eyes Long Brexit Extension

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Month: April 2019

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