December, 2020 | Forex robots store

EUR/USD Upside Breakout as US Stocks Extend Record Run

Dollar and Yen were solid off broadly overnight as S&P 500 and NASDAQ extended record runs. More importantly, the greenback has finally broke through a key support level against Euro, confirming down trend resumption. European majors are currently the strongest...

AdminDec 2, 2020

Technical analysis of Forex market

Market Morning Briefing: Aussie Trades Just Below 0.74

STOCKS Equities manage to hold higher but continue to show lack of momentum. We reiterate that the crucial resistances ahead on the major equities can cap the upside for now and a sharp corrective fall is on the cards. 30000...

AdminDec 2, 2020

Finance news

Stocks making the biggest moves after hours: Salesforce, Slack, Box and more

People wear protective face masks outside Salesforce Tower as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on September 22, 2020 in New York City. Noam Galai | Getty Images Check out...

AdminDec 2, 2020

Technical analysis of Forex market

Crude Oil Resuming the Uptrend

Crude oil has found support at the 33.8 level, after a completed three-wave corrective move in 2)/B), and started recovering impulsively. Price broke above the upper corrective channel line, which is another evidence that energy is resuming the uptrend and...

AdminDec 1, 2020

Fundamental analysis of Forex market

Optimism Flowing Once Again

That good feeling is back in the markets after we saw some end of month profit-taking on Monday, with Europe seeing gains of more than 1% and Wall Street eyeing a similar open. The last month was massive for the...

AdminDec 1, 2020

Fundamental analysis of Forex market

Canada GDP Bounced Back in Q3, But Recovery to Stall in Q4

40.5% (annualized) Q3 GDP bounce-back big (but smaller than expected) Spending on services still very restrained – goods-producing sectors doing better Savings hoard to boost spending once virus containment measures ease The 8.9% increase in Q3 GDP (40.5% at an...

AdminDec 1, 2020

Technical analysis of Forex market

EUR/GBP 4H Chart: Tests 200– Period SMA

The common European currency surged by 118 pips or 1.33% against the British Pound during last week’s trading sessions. The currency pair tested the 200– period SMA at 0.8994 on November 30. Everything being equal, the exchange rate could continue...

AdminDec 1, 2020

Market overviews

Stocks Start the Month Strong, But No Downside Breakout in Dollar Yet

Yen and Dollar are generally softer today as markets open December on firm footing. Australia Dollar is following as third weakest as diplomatic tension with China worsens. On the other hand, Euro is leading Swiss Franc higher. Manufacturing data from...

AdminDec 1, 2020

Central banks news

RBA Remains Cautiously Optimistic with Better-than-Expected Recovery, Pledged to Do More if Needed

As widely expected RBA left all the monetary policy measures unchanged in December. While acknowledging the “better-than-expected” economic recovery, the members reiterated that the outlook remains dependent on policy support. On economic developments, the central bank noted that “the economic...

AdminDec 1, 2020

Finance news

Dow futures rise more than 200 points after Wall Street wraps up historically strong month

Traders work on the floor of the New York Stock Exchange on Nov. 4th. 2020. NYSE U.S. stock futures rose on Monday night after the major averages notched sharp monthly gains for November. Dow Jones Industrial Average futures traded 236...

AdminDec 1, 2020

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Liudmila

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Month: December 2020

EUR/USD Upside Breakout as US Stocks Extend Record Run

Market Morning Briefing: Aussie Trades Just Below 0.74

Stocks making the biggest moves after hours: Salesforce, Slack, Box and more

Crude Oil Resuming the Uptrend

Optimism Flowing Once Again

Canada GDP Bounced Back in Q3, But Recovery to Stall in Q4

EUR/GBP 4H Chart: Tests 200– Period SMA

Stocks Start the Month Strong, But No Downside Breakout in Dollar Yet

RBA Remains Cautiously Optimistic with Better-than-Expected Recovery, Pledged to Do More if Needed

Dow futures rise more than 200 points after Wall Street wraps up historically strong month

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Month: December 2020

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