May, 2021 | Forex robots store

Week Ahead – US and UK Data to Lead Quiet Week as Dollar Can’t Make Up its Mind

After plenty of excitement from central banks and top-tier economic releases in the past couple of weeks, things will take a backseat over the next seven days. The slower news pulse could give way to some sideways action in currency...

AdminMay 7, 2021

Finance news

April’s expected hiring boom goes bust as nonfarm payroll gain falls well short of estimates

Hiring was a huge letdown in April, with nonfarm payrolls increasing by a much less than expected 266,000 and the unemployment rate rose to 6.1% amid an escalating shortage of available workers. Dow Jones estimates had been for 1 million...

AdminMay 7, 2021

Technical analysis of Forex market

CADJPY Stretches to Near 40-Month High; Positive Backing Intact

CADJPY appears to be taking a breather around its fresh multi-year high after its recent aggressive rally found traction off the 85.41 level and the Ichimoku cloud’s upper boundary. The soaring simple moving averages (SMAs) are shielding the upwards structure,...

AdminMay 7, 2021

Market overviews

Dollar Dives on Huge NFP Miss, European Majors Jump

Dollar dives sharply in early US session after huge employment data miss. Canadian Dollar is slightly weaker, also on job data disappointment. Euro and Swiss Franc are quick to jump on assaulting the greenback. But Yen is not too far...

AdminMay 7, 2021

Technical analysis of Forex market

EUR/USD Outlook: Upbeat German Data Lift Euro Ahead Of US Jobs Report

The Euro rose further in European trading on Friday, extending Thursday’s 0.52% rally which left the bear-trap at 1.20 support and shifted near-term focus to the upside. Upbeat German data on Friday (manufacturing orders surged 29.5% in Mar from 6.4%...

AdminMay 7, 2021

Technical analysis of Forex market

NZDUSD Fails To Progress As Bullish Drive Dwindles

NZDUSD has hit a snag as upside momentum appears to have evaporated, indicating that the pair may struggle to further extend its recent bounce off the uptrend line pulled from the 0.6944 low. The 50- and 200-period simple moving averages...

AdminMay 7, 2021

Technical analysis of Forex market

GBPUSD Develops Within Symmetrical Triangle Above 1.39

GBPUSD has been developing within a symmetrical triangle following the upside movement from the seven-week low of 1.3670 in the 4-hour chart. The RSI is gaining momentum in the positive territory, however, the MACD oscillator is moving sideways near the...

AdminMay 7, 2021

Technical analysis of Forex market

BTCUSD Buying Opportunity

Bitcoin has undergone a strong price pullback from the $58,000 level after bulls failed to ignite a large inverted head and shoulders pattern on Thursday. The current price pullback could provide a dip-buying opportunity as the inverted head and shoulders...

AdminMay 7, 2021

Technical analysis of Forex market

EURUSD 1.2080 Still Key

The euro currency is trading back towards the best levels against the US dollar, following the recent release of bullish German factory data. Lower time frame analysis shows that gains above the 1.2080 level should increase technical buying towards the...

AdminMay 7, 2021

Technical analysis of Forex market

EUR/USD Pair Is Now Consolidating Gains From The 1.2070 High

The Euro started a fresh increase after finding bids near the 1.2000 zone against the US Dollar. The EUR/USD pair broke the 1.2020 resistance to move into a positive zone. It even climbed above the 1.2040 level and settled nicely...

AdminMay 7, 2021

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Liudmila

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Month: May 2021

Week Ahead – US and UK Data to Lead Quiet Week as Dollar Can’t Make Up its Mind

April’s expected hiring boom goes bust as nonfarm payroll gain falls well short of estimates

CADJPY Stretches to Near 40-Month High; Positive Backing Intact

Dollar Dives on Huge NFP Miss, European Majors Jump

EUR/USD Outlook: Upbeat German Data Lift Euro Ahead Of US Jobs Report

NZDUSD Fails To Progress As Bullish Drive Dwindles

GBPUSD Develops Within Symmetrical Triangle Above 1.39

BTCUSD Buying Opportunity

EURUSD 1.2080 Still Key

EUR/USD Pair Is Now Consolidating Gains From The 1.2070 High

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Month: May 2021

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