March, 2021 | Forex robots store

GBP/USD Outlook: Bears Resume After Five-Day Consolidation Under 1.40

Cable dropped to three-week low on Friday, after breaking below five-day congestion, capped by 1.40 barrier. Fresh strength of the US dollar added pressure on sterling to extend pullback from new nearly three-year high (1.4238), with violation of 1.3869 (Fibo...

AdminMar 5, 2021

Technical analysis of Forex market

EUR/USD Plummets Due To The Fed

At 17:00 GMT on Thursday, the head of the US Federal Reserve Jerome Powell started a speech. During the speech he revealed that the current US monetary stimulus would remain intact. However, as the markets appeared to expect additional stimulus,...

AdminMar 5, 2021

Technical analysis of Forex market

GBP/USD Passes Support Zone

The GBP/USD started to test the resistance of the 200-hour SMA, as it finally pierced the resistance of the 1.4000 mark. However, at that time the head of the US Federal Reserve Jerome Powell started a speech. In his speech...

AdminMar 5, 2021

Technical analysis of Forex market

USD/JPY Reaches 108.50 Mark

The USD/JPY extended its surge and did not retrace back to the 55-hour SMA. Instead, the currency exchange rate surged and by the middle of Friday’s trading had reached the 108.50 mark. It occurred due to the speech of the...

AdminMar 5, 2021

Fundamental analysis of Forex market

Focus Remains On Yields Ahead Of US Jobs Report

Notes/Observations Global bond yield rally fuels concerns and curbs risk appetite. Traders note the lack of a well-defined red line being set by the Fed had convinced many that key interest rates would likely continue to rise BOJ’s Kuroda helped...

AdminMar 5, 2021

Market overviews

Yields Surged, Stocks Tumbled after Fed Powell, Dollar in Half-Hearted Rally

Fed Chair Jerome Powell’s lack of concrete hint on action against rising nominal rates sent treasury yield higher, and stocks lower overnight. Dollar rode on risk aversion and jumped sharply higher. Nevertheless, the greenback’s rally was concentrated against Euro, Swiss...

AdminMar 5, 2021

Technical analysis of Forex market

Market Morning Briefing: EURJPY Holds Below 130

STOCKS Equities remain under pressure. Dow has declined below 31000 and has room to test 30000. DAX remains stable within its 13800-142000 range for now. But the bias is bearish to see a downside breakout of this range. Nikkei is...

AdminMar 5, 2021

Finance news

Stock futures are flat after a steep sell-off on Wall Street amid surging bond yields

Traders on the floor of the New York Stock Exchange Source: NYSE Stock futures were flat in overnight trading Thursday following a tech-led rout on Wall Street amid a surge in bond yields. Futures on the Dow Jones Industrial Average...

AdminMar 5, 2021

Finance news

Employers likely added more jobs in February, but economists say there’s no bounce back yet

A worker wearing a protective mask boxes a pizza inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Hiring likely improved in February as more of the economy...

AdminMar 4, 2021

Trading training

Death Cross: What is it and How to Identify it When Trading?

Death cross: What is it and How to Identify it when Trading? The ‘death cross’ is a term often mentioned in trading circles due to its usefulness in spotting changes in trends while also being incredibly easy to use. This...

AdminMar 4, 2021

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Month: March 2021

GBP/USD Outlook: Bears Resume After Five-Day Consolidation Under 1.40

EUR/USD Plummets Due To The Fed

GBP/USD Passes Support Zone

USD/JPY Reaches 108.50 Mark

Focus Remains On Yields Ahead Of US Jobs Report

Yields Surged, Stocks Tumbled after Fed Powell, Dollar in Half-Hearted Rally

Market Morning Briefing: EURJPY Holds Below 130

Stock futures are flat after a steep sell-off on Wall Street amid surging bond yields

Employers likely added more jobs in February, but economists say there’s no bounce back yet

Death Cross: What is it and How to Identify it When Trading?

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Month: March 2021

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