July, 2020 | Forex robots store

AP-NORC poll: Optimism fades jobs lost to virus will return

Nearly half of Americans whose families experienced a layoff during the coronavirus pandemic now believe those jobs are lost forever, a new poll shows, as temporary cutbacks give way to shuttered businesses, bankruptcies and lasting payroll cuts. It’s a sharp...

AdminJul 24, 2020

Technical analysis of Forex market

WTI OIL Outlook: Oil Prices Remain Supported By Weak Dollar But Rising US/China Tensions Weigh

WTI oil price regained traction and bounced from $40.70 to the session high at $41.64 in European trading on Friday, recovering a part of previous day’s drop. However, the price action remains in a choppy mode and holding in range,...

AdminJul 24, 2020

Technical analysis of Forex market

XAU/USD Outlook: Bulls Are Consolidating Before Final Attack At All-Time High At $1920

Spot gold maintains firm bullish tone and holding just below new multi-year high ($1898) and round-figure $1900 barrier on Friday. The metal is heading for the biggest weekly gains since the last week of March, as weakening dollar and inflation...

AdminJul 24, 2020

Technical analysis of Forex market

EUR/JPY Two Scenarios Likely

The common European currency has declined by 81 points or 0.65% against the Japanese Yen since Thursday’s trading session. The currency pair tested the 100– hour simple moving average at 123.35 on Friday morning. If the 100– hour SMA support...

AdminJul 24, 2020

Technical analysis of Forex market

USD/CAD Could Edge Higher

The US Dollar declined by 73 points or 0.55% against the Canadian Dollar during the first half of yesterday’s trading session. However, the currency pair regained some of the position at the day. As for the near future, bullish traders...

AdminJul 24, 2020

Technical analysis of Forex market

NZD/USD Tests 100– Hour SMA

The New Zealand Dollar has declined by 65 points or 0.97% against the US Dollar since Thursday’s trading session. The currency pair tested the 100– hour SMA at 0.6623 on Friday morning. If the support level formed by the 100–...

AdminJul 24, 2020

Technical analysis of Forex market

EUR/USD Consolidates Near 1.1620

On Thursday, the EUR/USD currency pair tested the 1.1620 level. During today’s morning, the pair consolidated near the given level. It is likely that exchange rate could gain support from the 55-hour SMA near 1.1580, and some upside potential could...

AdminJul 24, 2020

Technical analysis of Forex market

GBP/USD Tests Weekly R2

Yesterday, the GBP/USD exchange rate tested the resistance level—the weekly R2 at 1.2758. During Friday morning, the rate continued to test the given resistance. Given that the currency pair is supported by the 55-hour SMA and the monthly R1 at...

AdminJul 24, 2020

Market overviews

Risk-Off on Double Dip Worries and Intensifying US-China Tensions

The financial markets are generally in risk-off mode in Asia, following the selloff in US overnight. Worries over a double dip recession increased after initial jobless claims unexpectedly rose for the first time in nearly four months. Selloff was most...

AdminJul 24, 2020

Technical analysis of Forex market

USD/JPY Breaks Key Support, EUR/USD & GBP/USD Rally

Key Highlights USD/JPY failed to clear a crucial resistance zone near 107.40 and 107.50. It declined and broke a major support near 106.70. The US Initial Jobless Claims in the week ending July 18, 2020 increased from 1,307K to 1,416K....

AdminJul 24, 2020

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Liudmila

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Month: July 2020

AP-NORC poll: Optimism fades jobs lost to virus will return

WTI OIL Outlook: Oil Prices Remain Supported By Weak Dollar But Rising US/China Tensions Weigh

XAU/USD Outlook: Bulls Are Consolidating Before Final Attack At All-Time High At $1920

EUR/JPY Two Scenarios Likely

USD/CAD Could Edge Higher

NZD/USD Tests 100– Hour SMA

EUR/USD Consolidates Near 1.1620

GBP/USD Tests Weekly R2

Risk-Off on Double Dip Worries and Intensifying US-China Tensions

USD/JPY Breaks Key Support, EUR/USD & GBP/USD Rally

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Month: July 2020

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