November, 2020 | Forex robots store

NZD/USD Analysis: Breaks 0.7014 Level

The New Zealand Dollar consolidated against the US Dollar below the weekly resistance level at 0.7014 on Thursday. The NZD/USD exchange rate broke the weekly R2 at 0.7014 during the Asian session on Friday. As for Friday’s trading session, the...

AdminNov 27, 2020

Technical analysis of Forex market

USD/CAD Analysis: Could Exceed 1.3040 Level

The US Dollar surged by 33 pips or 0.26% against the Canadian Dollar on Thursday. The currency pair breached the 50– hour simple moving average during yesterday’s trading session. Everything being equal, the USD/CAD exchange rate is likely to continue...

AdminNov 27, 2020

Technical analysis of Forex market

Gold’s Decline Stalls Near 1800

The precious metal is consolidating into a sideways range after falling below the 1817.80 level of support. On the daily chart, we have the long term support coming from the 200-day moving average. With price action closing flat, there is...

AdminNov 27, 2020

Fundamental analysis of Forex market

Volumes Will Probably Stay Rather Low Today

Markets The absence of the US (Thanksgiving) as well as an enticing economic calendar yesterday lead to clueless trading. ECB Minutes highlighted the increased downside risks on growth and inflation due to the second coronavirus wave. It set the stage...

AdminNov 27, 2020

Market overviews

Yen Recovers in Subdued Trading, Gold Consolidates Losses in Tight Range

Trading continues to be subdued in Asia as markets are in holiday mood. Yen is trading mildly higher overall, but remains the worst performing one for the week. Dollar’s selloff slowed somewhat, but remains the second worst for the week....

AdminNov 27, 2020

Technical analysis of Forex market

Dollar Index Springs to Life Around Critical Floor

The US Dollar index (December) is nearing the capping mid-Bollinger band at 92.15, after improving slightly from the support section of 91.72-91.80. Despite this recent price development, the bearish bias remains intact, something also being endorsed by the downward sloping...

AdminNov 26, 2020

Technical analysis of Forex market

Interesting Pattern on GBP/CAD Points Lower

GBPCAD can be trading in a big triangle correction, visible on the weekly time frame, however in this article we are going to show you only one part of it. On the daily chart of GBPCAD we see price making...

AdminNov 26, 2020

Fundamental analysis of Forex market

Markets in Holiday Mode

It’s not just the US that’s in holiday mode, it seems, with financial markets a little flat on Thursday. Thanksgiving has naturally left a massive void in the markets and conditions aren’t likely to dramatically improve until next week, with...

AdminNov 26, 2020

Fundamental analysis of Forex market

Slow Start For EU Stocks But Bitcoin Tanks

European markets started on the back foot this morning as energy stocks and financials saw some early weakness, with shares in Lloyds falling 3% at the open. However, it remains to be seen whether the weakness for the major EU...

AdminNov 26, 2020

Technical analysis of Forex market

GBPUSD 1.3500 Now Key

The British pound is attracting strong buying demand on pullbacks against the US dollar currency towards the 1.3300 support zone. Lower time frame analysis shows that a breakout above the 1.3400 level exposes the GBPUSD pair to further gains towards...

AdminNov 26, 2020

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Month: November 2020

NZD/USD Analysis: Breaks 0.7014 Level

USD/CAD Analysis: Could Exceed 1.3040 Level

Gold’s Decline Stalls Near 1800

Volumes Will Probably Stay Rather Low Today

Yen Recovers in Subdued Trading, Gold Consolidates Losses in Tight Range

Dollar Index Springs to Life Around Critical Floor

Interesting Pattern on GBP/CAD Points Lower

Markets in Holiday Mode

Slow Start For EU Stocks But Bitcoin Tanks

GBPUSD 1.3500 Now Key

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Month: November 2020

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