March, 2021 | Forex robots store

Dollar Recovers after Brief Retreat, More Treasury Auctions Ahead

Dollar’s pull back overnight was relatively short-lived as it regains some footing in Asian session today. Sentiments stabilized with US stocks closed higher yesterday, with NASDAQ staged a strong rebound. Treasury yields also retreated mildly. The auction of USD 58B...

AdminMar 10, 2021

Central banks news

ECB Preview – Awaiting Actions in Response to Higher Yield and Revisions on Economic Forecasts

Macroeconomic developments have changed significantly since the January ECB meeting. One of the most prominent developments is the rise in inflation expectations and bond yields. As the ECB has pledged to maintain a accommodative monetary policy, it would be of...

AdminMar 10, 2021

Technical analysis of Forex market

AUD/USD: Upsides Could Be Limited Above 0.7800

Key Highlights AUD/USD declined from well above 0.7900 and tested 0.7620. A key bearish trend line is forming with resistance near 0.7735 on the 4-hours chart. EUR/USD declined to 1.1835, GBP/USD is consolidating above 1.3800. The US Consumer Price Index...

AdminMar 10, 2021

Finance news

Market bull Jeremy Siegel warns the Nasdaq rebound will unravel, favors value stocks

The Nasdaq rebound may last shorter than a New York minute. Wharton School finance professor Jeremy Siegel sees near-term trouble, saying the backdrop is dramatically supporting the reopening trade over Big Tech and growth plays. “I’ve been extremely bullish here...

AdminMar 10, 2021

Fundamental analysis of Forex market

Bank of Canada to Stand Pat, Keep One Eye on the Loonie as Recovery Gathers Steam

The Bank of Canada meets this week to set policy and will announce its decision on Wednesday at 15:00 GMT. No change is expected in either interest rates or the pace of asset purchases. But following the better-than-anticipated GDP performance...

AdminMar 9, 2021

Fundamental analysis of Forex market

Oil Rally Continues, Gold Gains Ground

Oil resumes rise After tanking more than 3% in the previous session, oil is clawing its way higher as fears over supply disruption in Saudi Arabia ease and the US dollar rally pauses for breath. Oil markets fell overnight as...

AdminMar 9, 2021

Fundamental analysis of Forex market

Oil Rally Continues, Gold Gains Ground

AdminMar 9, 2021

Market overviews

Dollar Pares Gains as Yields Retreat, Stocks Rebound

Dollar retreat broadly today as 10-year yield pares gain after failing to sustain above 1.6 handle again. NASDAQ is also set for a rebound while DOW might try to extend the record run. At the time of writing, Yen, Euro...

AdminMar 9, 2021

Technical analysis of Forex market

XAU/USD Outlook: Limited Correction To Precede Bearish Continuation

Spot gold rose from new nine-month low ($1676) on Tuesday, as dollar bulls are pausing and technical studies on daily chart are oversold, providing temporary support to the metal. Overall picture remains negative for gold, as global growth recovery and...

AdminMar 9, 2021

Technical analysis of Forex market

USD/JPY Outlook: Overbought Daily Studies Warn Of Correction Before Bulls Continue

Bulls are taking a breather on Tuesday, following strong bullish acceleration in past eight days which peaked at 109.23 today (the highest since June 8), but faced headwinds from 200WMA (109.00) and Fibo 38.2% of 2015/2016 125.84/98.99 fall (109.25). Bulls...

AdminMar 9, 2021

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Month: March 2021

Dollar Recovers after Brief Retreat, More Treasury Auctions Ahead

ECB Preview – Awaiting Actions in Response to Higher Yield and Revisions on Economic Forecasts

AUD/USD: Upsides Could Be Limited Above 0.7800

Market bull Jeremy Siegel warns the Nasdaq rebound will unravel, favors value stocks

Bank of Canada to Stand Pat, Keep One Eye on the Loonie as Recovery Gathers Steam

Oil Rally Continues, Gold Gains Ground

Oil Rally Continues, Gold Gains Ground

Dollar Pares Gains as Yields Retreat, Stocks Rebound

XAU/USD Outlook: Limited Correction To Precede Bearish Continuation

USD/JPY Outlook: Overbought Daily Studies Warn Of Correction Before Bulls Continue

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Month: March 2021

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