2019 | Forex robots store

US third-quarter economic growth unrevised at 2.1%

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market. Gross...

AdminDec 20, 2019

Technical analysis of Forex market

USD/TRY Outlook: Lira Takes A Breather After Suffering Strong Losses This Week

Bulls are taking a breather after this week’s steep ascend cracked key barriers at 5.9378 (former high of 14 Oct) and 5.9408 (Fibo 61.8% of 6.2445/5.4494). Daily RSI and stochastic are turning south in overbought territory and signaling price adjustment...

AdminDec 20, 2019

Technical analysis of Forex market

Tesla Stock Flies To Fresh All-Time Highs, Bullish And Overbought

Tesla’s stock price skyrocketed past 400.00 to uncharted territory and above the 386.83 ceiling that kept the bulls under control in the 2017-2018 period, sending the fast-RSI well into the overbought territory. The latter increases the odds for a downside...

AdminDec 20, 2019

Technical analysis of Forex market

USDCHF Breaks Lower As Bears Take The Wheel

USDCHF broke below an uptrend line in early December, which later acted as resistance, forcing the market to head down and post a lower low on the daily chart. The near-term bias has therefore turned negative, something also endorsed by...

AdminDec 20, 2019

Technical analysis of Forex market

WTI OIL Outlook: Overbought Conditions Suggest Consolidation Before Bulls Resume

WTI oil price remains steady and consolidating under new three-month high at $61.33, being boosted by drop in US crude stocks and easing trade tensions that brighten the outlook for global economic growth and energy demand. Strong advance in past...

AdminDec 20, 2019

Technical analysis of Forex market

AUD/USD Outlook: Trade Optimism Keeps The Aussie Inflated

The Australian dollar extends advance in early European trading on Friday, following previous day’s 0.5% rally on upbeat Australian jobs data and indications that trade deal with China could be signed in early January. Fresh bullish extension cracked strong barriers...

AdminDec 20, 2019

Fundamental analysis of Forex market

Norges Bank And Cyclical Recovery Make NOK Great Again

Market movers today The main release today is the US PCE core inflation and real consumer spending for November. The PCE inflation is the measure the Fed is targeting. Consensus looks for a small decline in core PCE inflation to...

AdminDec 20, 2019

Market overviews

Yen Trying to Rally as 10-Yr JGB Yield Turns Positive

The forex markets are relatively quiet today, with little reactions to the record run in US stock markets overnight. Yen is indeed to trying to rally risk appetite markets, drawing support from 10-year JGB yield which turns positive. Swiss Franc...

AdminDec 20, 2019

Technical analysis of Forex market

Market Morning Briefing: Pound Has Broken Below Support At 1.3048

STOCKS Dow has risen past its near-term resistance and is bullish to move further higher. The market seems to have ignored the President Trump’s impeachment. DAX and Nikkei continue to look weak to dip in the near-term. Shanghai can consolidate...

AdminDec 20, 2019

Finance news

Here’s what happened to the stock market on Thursday

Specialist trader Michael Pistillo Jr. wears a dow 23,000 hat, after the dow briefly traded above 23,000, at his post on the floor of the New York Stock Exchange in New York, October 17, 2017. Brendan McDermid | Reuters Dow...

AdminDec 20, 2019

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Year: 2019

US third-quarter economic growth unrevised at 2.1%

USD/TRY Outlook: Lira Takes A Breather After Suffering Strong Losses This Week

Tesla Stock Flies To Fresh All-Time Highs, Bullish And Overbought

USDCHF Breaks Lower As Bears Take The Wheel

WTI OIL Outlook: Overbought Conditions Suggest Consolidation Before Bulls Resume

AUD/USD Outlook: Trade Optimism Keeps The Aussie Inflated

Norges Bank And Cyclical Recovery Make NOK Great Again

Yen Trying to Rally as 10-Yr JGB Yield Turns Positive

Market Morning Briefing: Pound Has Broken Below Support At 1.3048

Here’s what happened to the stock market on Thursday

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Year: 2019

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