February, 2021 | Forex robots store

GBP/USD Consolidates In 1.3850 Area

Since yesterday, the GBP/USD exchange rate has been trading sideways in the 1.3850 area. It is likely that the currency pair could gain support from the 55-hour SMA, as well the weekly R1 near 1.3800. Thus, some upside potential could...

AdminFeb 11, 2021

Fundamental analysis of Forex market

Frank First Biden-Xi Call But Also Hope For Increased Dialogue

Market movers today We will keep monitoring news on vaccine efficacy and production capacity. Lots of studies are released these days. Today the calendar is very thin on data. We will keep an eye on US jobless claims in the...

AdminFeb 11, 2021

Market overviews

Dollar Decline Slows But No Bottoming, Euro Softens

The forex markets are rather quite in Asia today, following subdued trading elsewhere. Dollar’s decline is slowing but it remains the worst performing major currency so far, followed by commodity currencies. Sterling and Yen are the stronger ones this week,...

AdminFeb 11, 2021

Technical analysis of Forex market

Market Morning Briefing: Euro Has Dipped Slightly After Testing 1.2150

STOCKS Some sign of weakness is emerging in the indices like the DAX, Sensex and Nifty. But the Dow and Nikkei are still keeping alive the chances of seeing some more rise to 31500-32000 and 30000 respectively from current levels...

AdminFeb 11, 2021

Finance news

Retail investors’ thirst for small caps has merit, Wells Fargo’s top strategist suggests

A popular spot targeted by retail investors may deliver the year’s biggest gains. Wells Fargo Securities’ Chris Harvey said he believes the affinity for small caps has merit because growth stocks have gotten so expensive. “Retail is very influential,” the...

AdminFeb 11, 2021

Finance news

Fed Chair Powell says rates will stay low for a while, citing bleak jobs picture

Federal Reserve Chairman Jerome Powell on Wednesday painted a dour picture on the state of U.S. employment, saying continued aggressive policy support is needed to fix the myriad issues still facing workers. Addressing the issue will require a “patiently accommodative...

AdminFeb 10, 2021

Technical analysis of Forex market

EURGBP Edges Sideways Around 9-Month Low

EURGBP is consolidating around lower levels not reached in nine months, capped by the 50-period simple moving average (SMA). The Ichimoku lines are reflecting the pause in negative momentum, while the downward sloping SMAs are defending the short-term bearish demeanour...

AdminFeb 10, 2021

Fundamental analysis of Forex market

Markets Deflated after Data Miss

Another relatively flat session on Wednesday, with stock markets running out of steam a little after an impressive run over the prior week. We’ve seen plenty more optimism in these markets recently. Covid numbers are finally improving, the vaccine rollout...

AdminFeb 10, 2021

Market overviews

Dollar’s Fall Continues as Core CPI Slows, Sterling Rises With UK Yields

Dollar’s selloff continues in early US session and it’s extending after weaker than expected core CPI reading. Sterling is lifted by strength in UK yield today, with 10-year Gilt yield hitting as high as 0.494 so far. It could try...

AdminFeb 10, 2021

Fundamental analysis of Forex market

The Stock Market Continues To Set New Records. The Dollar Is Falling

On Tuesday and Wednesday, there is a continuation of the rally in the stock markets. The S&P 500 index reached the level of 3200 in the Asian session, while the credit market remained calm. In the absence of an important...

AdminFeb 10, 2021

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Liudmila

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Month: February 2021

GBP/USD Consolidates In 1.3850 Area

Frank First Biden-Xi Call But Also Hope For Increased Dialogue

Dollar Decline Slows But No Bottoming, Euro Softens

Market Morning Briefing: Euro Has Dipped Slightly After Testing 1.2150

Retail investors’ thirst for small caps has merit, Wells Fargo’s top strategist suggests

Fed Chair Powell says rates will stay low for a while, citing bleak jobs picture

EURGBP Edges Sideways Around 9-Month Low

Markets Deflated after Data Miss

Dollar’s Fall Continues as Core CPI Slows, Sterling Rises With UK Yields

The Stock Market Continues To Set New Records. The Dollar Is Falling

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Month: February 2021

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