May, 2021 | Forex robots store

EURCHF Eases after a Green Spike; Indicators are Mix

EURCHF quickly recovered yesterday’s losses after touching an eleven-week low of 1.0921. The rebound helped the currency to surpass the 20- and 40-period simple moving averages (SMAs) on the four-hour chart. The RSI jumped above the neutral threshold of 50 but it...

AdminMay 11, 2021

Fundamental analysis of Forex market

China and US CPI and PPI: Is it Transitory?

China released both CPI and PPI data earlier and the results point to worries that inflation may pick up faster than expected. China’s YoY CPI print was 0.9% vs 0.4% in March. This is the highest reading since September 2020. ...

AdminMay 11, 2021

Market overviews

Euro Up on Strong Economic Sentiment, Global Stocks in Deep Red

Tech led global equities selloff is a major theme today, spreading from Asia to Europe to the US. In the background, there seems to be heightened concerns on inflation over surging commodity prices. European indexes are all in deep red...

AdminMay 11, 2021

Technical analysis of Forex market

GOLD Consolidates Below 1,845.00

Since the Friday’s surge, the yellow metal’s price has been trading below the resistance of the 1,845.00 level. On Tuesday, the metal’s price was being approached from below by the 55-hour simple moving average. If the 55-hour simple moving average...

AdminMay 11, 2021

Market overviews

Asian Stocks in Deep Selloff, But Yen and Dollar Remain Weak

While US stocks hit another record high overnight, the path reversed with the three major indexes closing lower, with particular heavy selling in NASDAQ. Bearish sentiment continues in Asia session today, with Nikkei and Hong Kong HSI in deep red....

AdminMay 11, 2021

Technical analysis of Forex market

GBP/USD Rallies Above 1.4100, Dollar Weakens Further

Key Highlights GBP/USD started a fresh increase above the 1.4000 resistance zone. It broke a major contracting triangle with resistance near 1.3945 on the 4-hours chart. EUR/USD remained well bid above the 1.2100 support zone. Gold price moved into a...

AdminMay 11, 2021

Fundamental analysis of Forex market

GBP Bid On UK Covid Alert Level Drop And Ahead Of BOE’s Baily

The UK lowered the Alert Level for the coronavirus to Level 3 from Level 4. This means that “the epidemic is in general circulation”. The level 4 alert included “transmission is higher or rising exponentially”. Now that the level dropped,...

AdminMay 11, 2021

Finance news

China’s census shows population growth slowed

Joggers run along the Bund across from the Lujiazui Financial District in Shanghai, China, on Saturday, April 10, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — China’s once-a-decade census showed that the national population of the mainland was...

AdminMay 11, 2021

Finance news

Biden urges employers to boost wages but warns workers they’ll lose unemployment pay if they reject jobs

US President Joe Biden speak about the Covid-19 response and the vaccination program in the State Dining Room of the White House on May 4, 2021. Nicholas Kamm | AFP | Getty Images President Joe Biden on Monday urged U.S....

AdminMay 11, 2021

Finance news

Restaurants are ‘sucking wind’ but fighting back to reopen amid a worker shortage

View of the Prohibition Taproom in Philadelphia. Owner Michael Pasquarello, who owns two other establishments in the city, is optimistic about the future despite issues that plague the industry. Source: Google Earth Like many in his field, restaurateur Michael Pasquarello...

AdminMay 10, 2021

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Liudmila

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Month: May 2021

EURCHF Eases after a Green Spike; Indicators are Mix

China and US CPI and PPI: Is it Transitory?

Euro Up on Strong Economic Sentiment, Global Stocks in Deep Red

GOLD Consolidates Below 1,845.00

Asian Stocks in Deep Selloff, But Yen and Dollar Remain Weak

GBP/USD Rallies Above 1.4100, Dollar Weakens Further

GBP Bid On UK Covid Alert Level Drop And Ahead Of BOE’s Baily

China’s census shows population growth slowed

Biden urges employers to boost wages but warns workers they’ll lose unemployment pay if they reject jobs

Restaurants are ‘sucking wind’ but fighting back to reopen amid a worker shortage

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Month: May 2021

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