January, 2021 | Forex robots store

Bank of America is giving $750 cash bonuses to lower-paid employees, restricted stock to others

Brian Moynihan, CEO of Bank of America, at the Goldman Sachs U.S. Financial Services Conference on December 4, 2018. Michael Newberg | CNBC Bank of America CEO Brian Moynihan is awarding nearly all of his 212,505 employees a bonus for...

AdminJan 22, 2021

Market overviews

Dollar Rebounds Broadly as Risk Appetite Recedes

Dollar rebounds broadly today following receding risk appetite. Investors are apparently paring their gains in stocks. Swiss Franc and Euro are the next strongest, followed by Yen. On the other hand, Australian Dollar and Sterling are the worst performing. In...

AdminJan 22, 2021

Technical analysis of Forex market

EUR/USD Tests Weekly R1

During Friday morning hours, the EUR/USD currency pair tested the resistance level—the weekly R1 at 1.2185. If the predetermined resistance level holds, it is likely that some downside potential could prevail in the market. Note that the exchange rate could...

AdminJan 22, 2021

Technical analysis of Forex market

GBP/USD Continues To Trade Within Falling Wedge Pattern

Yesterday, the GBP/USD exchange rate bounced off the upper boundary of the rising wedge pattern. From a theoretical point of view, it is likely that the currency pair could re-test the lower pattern line located in the 1.3400/1.3600 area in...

AdminJan 22, 2021

Technical analysis of Forex market

XAU/USD Remains Below 1,875.00

As apparent on the chart, the XAU/USD exchange rate failed to surpass the 1,875.00 level. It is likely gold could gain support from the 100– and 200-hour moving averages near 1,850.00 and trade upwards in the short term. In this...

AdminJan 22, 2021

Technical analysis of Forex market

GBP/USD Bearish Reversal Chart Patterns After Hitting 1.3750

GBP/USD made a new higher high that hit the 1.3750 target as expected in my EU-GU video. But the uptrend seems to be struggling due to the reversal chart patterns. On the 4 hour chart, price action did manage to...

AdminJan 22, 2021

Technical analysis of Forex market

GBP/USD Outlook: Sterling Is At A Crossroads As Weak Data Hurt Bulls

Cable pulled back from new high in early European trading on Friday, pressured by weaker than expected UK data which showed weak recovery in retail sales in December after November’s plunge on lockdowns and downbeat PMI’s, as services sector was...

AdminJan 22, 2021

Technical analysis of Forex market

BTCUSD Still Bearish

Bitcoin has recovered above the psychological $30,000 level after taking a tumble under the $29,000 support level earlier this morning. The short-term trend in the BTCUSD pair remains bearish while the price trades below the $32,000 resistance level. Technical analysis...

AdminJan 22, 2021

Technical analysis of Forex market

GBPUSD Takes A Tumble

The British pound has tumbled back under the 1.3700 support level against the US dollar after the UK posted weaker Retail Sales data and the government threatened to close its borders. Technical analysis highlights that the 1.3660 level is the...

AdminJan 22, 2021

Fundamental analysis of Forex market

ECB On Hold And Hoping To Stay There

As expected, no policy change delivered or signalled. ECB emphasises mixed signs in current oulook. Obstacles to early policy changes look immense. Preserving ‘favourable financing conditions’ the key current focus for ECB. But guidance lacking on what ‘favourable conditions’ might...

AdminJan 22, 2021

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Month: January 2021

Bank of America is giving $750 cash bonuses to lower-paid employees, restricted stock to others

Dollar Rebounds Broadly as Risk Appetite Recedes

EUR/USD Tests Weekly R1

GBP/USD Continues To Trade Within Falling Wedge Pattern

XAU/USD Remains Below 1,875.00

GBP/USD Bearish Reversal Chart Patterns After Hitting 1.3750

GBP/USD Outlook: Sterling Is At A Crossroads As Weak Data Hurt Bulls

BTCUSD Still Bearish

GBPUSD Takes A Tumble

ECB On Hold And Hoping To Stay There

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Month: January 2021

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