February, 2020 | Forex robots store

USD/JPY Dropped Below 109.90

On Thursday, the USD/JPY currency pair dropped to the 109.00 level. During today’s morning, the pair was testing the support formed by the weekly S2 at 108.58. If the given level holds, it is likely that a reversal north could...

AdminFeb 28, 2020

Technical analysis of Forex market

GBP/USD Declined To Weekly S1

Yesterday, the GBP/USD exchange rate tried to surpass the weekly S1 at 1.2858. During Friday morning, the rate tested the Fibo 38.20% at 1.2918. Note that the currency pair is pressured by the 55-, 100– and 200-hour moving averages un...

AdminFeb 28, 2020

Technical analysis of Forex market

EUR/USD Touched 1.1050

On Thursday, the EUR/USD currency pair skyrocketed to the 1.1000 level. During today’s morning, the pair jumped to the 1.1050 mark. From the one hand, it is likely that some upside potential could prevail in the market. In this case...

AdminFeb 28, 2020

Fundamental analysis of Forex market

A Sea Of Red

A sea of red European markets opened with a heavy weight on their collective shoulders Friday after the Dow Jones Index lost 4.4%, building up cumulative losses for this week that are beginning to resemble those in 2008. The FTSE...

AdminFeb 28, 2020

Technical analysis of Forex market

EURUSD 1.1060 Target

The euro is building on yesterday’s gains against the US dollar, with the pair now starting to advance above the 1.1000 resistance level. The EURUSD pair could target the 1.1060 resistance area before a meaningful technical correction takes place. Overall,...

AdminFeb 28, 2020

Technical analysis of Forex market

USDJPY Approaching 108.40

The US dollar is tumbling lower against the Japanese yen, as financial markets go into full risk-off trading move during the European session. A break under the 108.40 support level exposes further losses in the USDJPY pair towards the 107.50...

AdminFeb 28, 2020

Technical analysis of Forex market

Elliott Wave View: Dow Jones Futures (YM_F) Target Lower

Short term Elliott Wave view in Dow Futures (YM_F) suggests the Index ended the cycle up from October 3, 2011 low in wave (III) at 29543 high. The index is correcting that cycle in wave (IV) as a zig-zag. Wave...

AdminFeb 28, 2020

Fundamental analysis of Forex market

COVID-19: How Would Fed Easing Help?

Financial markets have been thrown into a tailspin in recent days on news that the COVID-19 outbreak is spreading beyond China. Market participants fear that the outbreak will lead to slower economic growth in most countries, the United States included,...

AdminFeb 28, 2020

Market overviews

Stock Rout Continues, Fed Cut Odds Surged on Coronavirus Pandemic Fears

Risk aversion on fear of Wuhan coronavirus pandemic continues to be the main theme in the financial markets. DOW lost over -1000 pts overnight as it’s suffering one of the worst weeks in history. 10-year and 30-year yield hit new...

AdminFeb 28, 2020

Finance news

Square emerges as a coronavirus hedge while other payment stocks get crushed

Jack Dorsey, chief executive officer of Square Inc., second right, tours the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, Nov. 19, 2015. Yana Paskova | Bloomberg | Getty Images Square has been an...

AdminFeb 27, 2020

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Liudmila

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Month: February 2020

USD/JPY Dropped Below 109.90

GBP/USD Declined To Weekly S1

EUR/USD Touched 1.1050

A Sea Of Red

EURUSD 1.1060 Target

USDJPY Approaching 108.40

Elliott Wave View: Dow Jones Futures (YM_F) Target Lower

COVID-19: How Would Fed Easing Help?

Stock Rout Continues, Fed Cut Odds Surged on Coronavirus Pandemic Fears

Square emerges as a coronavirus hedge while other payment stocks get crushed

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Month: February 2020

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