April, 2021 | Forex robots store

USDCAD’s Positive Impetus Curbed By 50-Day SMA And Cloud

USDCAD is struggling to tick higher after its recent positive propulsion off the 37½-month low of 1.2365. The descending simple moving averages (SMAs) are imposing the predominant bearish bias. Additionally, the fairly neutral demeanour of the Ichimoku lines is suggesting...

AdminApr 9, 2021

Finance news

Biden’s China policy is tougher on financial firms than Trump’s was, report says

The “Fearless Girl” sculpture is seen outside the New York Stock Exchange (NYSE) during a snow storm in New York, February 1, 2021. Brendan McDermid | Reuters BEIJING — As U.S.-China tensions continue to simmer under a new administration, risks...

AdminApr 9, 2021

Technical analysis of Forex market

USDCAD Awaiting Jobs Data

The US dollar is pressing towards the 1.2600 level against the Canadian dollar, ahead of today’s monthly jobs report from the Canadian economy. A weaker jobs report could cause the USDCAD pair to rise, with bulls likely to take aim...

AdminApr 9, 2021

Technical analysis of Forex market

USDJPY Buyers Return

The US dollar has bounced back fairly sharply against the Japanese yen currency after bulls stepped in from the 109.00 support level. Bearish MACD price divergence has now been reversed, setting the stage for further upside in the USDJPY pair....

AdminApr 9, 2021

Technical analysis of Forex market

Market Morning Briefing: Euro Has Risen Above 1.19 Again

STOCKS Equities remain mixed and are consolidating at higher levels. Broadly we remain cautious on the equities and will be looking for a corrective fall after this consolidation. Dow has to break above 33550 to avoid a fall below 33000...

AdminApr 9, 2021

Market overviews

Sterling Still Facing Downside Pressure in Quiet Markets

Markets are generally quiet in Asian session today. Sterling is set to end as the worst performing one for the week. And it’s still facing much downside pressure against Euro, Swiss Franc and Yen. Dollar is following as the second...

AdminApr 9, 2021

Finance news

6 million people applied for unemployment a year ago. They’re still near pre-pandemic highs

A person walks under a marquis for a closed down Paramount theater in Oakland, Calif. on Feb. 12, 2021. JOSH EDELSON | AFP | Getty Images It’s been a year since unemployment claims peaked at nosebleed levels and signaled the...

AdminApr 8, 2021

Central banks news

ECB’s Minutes Revealed that Upside from US’ Fiscal Stimulus Not Yet Reflected in March Forecasts

ECB’s minutes for the March meeting have lent support to EURUSD. The minutes revealed that policymakers saw upside risks to the economic outlook, thanks to US’ huge fiscal stimulus. Meanwhile, despite higher inflation in the near-term, it should remain subdued...

AdminApr 8, 2021

Finance news

Weekly jobless claims higher than expected

First-time claims for unemployment insurance rose more than expected last week despite other signs of healing in the jobs market, the Labor Department reported Thursday. First-time claims for the week ended April 3 totaled 744,000, well above the expectation for...

AdminApr 8, 2021

Technical analysis of Forex market

WTI Futures Creep Sideways But Possess Upside Potential

WTI oil futures have moulded a strong base from 57.25 to 58.10 and are consolidating around the 60.06 mark, which happens to be the 23.6% Fibonacci retracement of the up leg from 34.02 until 67.96. The commodity’s price action is...

AdminApr 8, 2021

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Liudmila

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Month: April 2021

USDCAD’s Positive Impetus Curbed By 50-Day SMA And Cloud

Biden’s China policy is tougher on financial firms than Trump’s was, report says

USDCAD Awaiting Jobs Data

USDJPY Buyers Return

Market Morning Briefing: Euro Has Risen Above 1.19 Again

Sterling Still Facing Downside Pressure in Quiet Markets

6 million people applied for unemployment a year ago. They’re still near pre-pandemic highs

ECB’s Minutes Revealed that Upside from US’ Fiscal Stimulus Not Yet Reflected in March Forecasts

Weekly jobless claims higher than expected

WTI Futures Creep Sideways But Possess Upside Potential

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Month: April 2021

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