April, 2021 | Forex robots store

Has Gold Ended the Eight Months Correction?

There’s a lot of talk in Fintwit lately suggesting that precious metals may have ended the long 8 months correction and ready for the next glorious rally. In this article, I will attempt to answer the question whether Gold has...

AdminApr 16, 2021

Fundamental analysis of Forex market

Europe Rallies on Impressive China, US Data

European equities head higher European bourses are on the rise rounding off an upbeat week. Following all-time highs on Wall Street overnight and record Chinese quarterly economic expansion, stocks across Europe appear well supported heading towards the weekend. Signs of...

AdminApr 16, 2021

Technical analysis of Forex market

USD/JPY Outlook: Close Below 200WMA To Signal Deeper Pullback

Bears are taking a breather on Friday but remain firmly in play following bearish signal generated on repeated close below pivotal Fibo support at 108.99 (23.6% of 102.59/110.96 / 200WMA). The pair is also on track for the second consecutive...

AdminApr 16, 2021

Technical analysis of Forex market

EUR/USD Outlook: Bulls Remain In Play And Consolidate Ahead Of Fresh Attack At Key 1.20 Zone

The Euro regained traction on Friday and edged higher, minimizing negative impact from Thursday’s close in red which signaled that bulls are running out of steam ahead of key barriers at 1.2000/06 (psychological/daily cloud base). The uptrend from 1.1704 (Mar...

AdminApr 16, 2021

Technical analysis of Forex market

BTCUSD $60,000 Possible

Bitcoin is coming under downside pressure alongside the rest of the crypto market this morning after Turkey banned cryptocurrency transaction. Recent weakness around the $63,000 level hinted that the BTCUSD pair may be about to stage a meaningful correction. In...

AdminApr 16, 2021

Technical analysis of Forex market

GBPUSD Make Or Break

The British pound has fallen sharply against the US dollar this morning as bulls failed to hold the pair above the technically important 1.3780 level. GBPUSD buyers need the price above the 1.3740 level to increase the chances of a...

AdminApr 16, 2021

Technical analysis of Forex market

EUR/USD Pair Is Now Correcting Lower And Trading Below 1.1980

The Euro gained pace after it broke the 1.1900 resistance zone against the US Dollar. The EUR/USD pair even broke the 1.1950 resistance to move into a positive zone. It spiked above the 1.1980 level and traded as high as...

AdminApr 16, 2021

Technical analysis of Forex market

GOLD Breaks March High

The yellow metal’s price has reached above the March high level zone that was located above the 1,755.00 level. On Friday, the price found support in the 1,760.00 level. Due to that reason the zone was extended and remains on...

AdminApr 16, 2021

Market overviews

Falling Yields Boosts Stocks and Sentiments, Dollar in Consolidations

Sharp decline in US treasury yields overnight boosted DOW and S&P 500 to new record highs. Positive sentiments also somewhat carried on in Asian session today, as supported by solid data from China. The forex markets are quiets, however. Dollar...

AdminApr 16, 2021

Technical analysis of Forex market

FTSE Elliott Wave View: Pullback Should Continue To Find Buyers

Short term Elliott wave view in FTSE Index suggests that the rally from February 27 is unfolding as a 5 waves impulse Elliott Wave structure. Up from February 27 low, wave ((i)) ended at 6812.78 and pullback in wave ((ii))...

AdminApr 16, 2021

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Month: April 2021

Has Gold Ended the Eight Months Correction?

Europe Rallies on Impressive China, US Data

USD/JPY Outlook: Close Below 200WMA To Signal Deeper Pullback

EUR/USD Outlook: Bulls Remain In Play And Consolidate Ahead Of Fresh Attack At Key 1.20 Zone

BTCUSD $60,000 Possible

GBPUSD Make Or Break

EUR/USD Pair Is Now Correcting Lower And Trading Below 1.1980

GOLD Breaks March High

Falling Yields Boosts Stocks and Sentiments, Dollar in Consolidations

FTSE Elliott Wave View: Pullback Should Continue To Find Buyers

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Month: April 2021

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