May, 2021 | Forex robots store

False Profits: Looking Past the Stall in Today’s GDP Print

Summary Revised data show that real GDP grew at an annualized rate of 6.4% in Q1-2021, which is unchanged from the initial estimate that was released a month ago. The overall rate of real GDP growth was driven by broad-based...

AdminMay 27, 2021

Finance news

Jobs picture shows more improvement as unemployment claims slide

The U.S. jobs market edged closer to its pre-pandemic self last week as initial jobless claims totaled just 406,000 for the week ended May 22, the Labor Department reported Thursday. While that level is still well above the pre-Covid norm,...

AdminMay 27, 2021

Market overviews

Sterling Surges on BoE Rate Hike Talks, Canadian Dollar Rebound

Sterling jumps broadly today as a BoE officials indicated that rate hike could come next year. UK Prime Minister Boris Johnson also said there is nothing in data that suggests a delay to reopening on June 21, even though some...

AdminMay 27, 2021

Technical analysis of Forex market

United States Oil Fund Elliott Wave And Long Term Cycles USO

Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an all time high at 953.36 in July 2008 noted on the monthly chart. The...

AdminMay 27, 2021

Technical analysis of Forex market

WTI Oil Outlook: Oil Eases After Double-Doji, But Signals Remain Mixed

WTI oil price edged lower on Thursday but remains within a narrow range that extends into third day and consolidating strong rally of last Mon/Fri (up 6.5). Oil remains supported by expectations for stronger demand on summer driving season in...

AdminMay 27, 2021

Fundamental analysis of Forex market

Dollar Bears Gather Strength

Global markets have lost growth momentum near recent highs. This indecisiveness can be attributed to the realization that major central banks are slowly but surely moving towards presenting their monetary policy tightening plans. At the moment, this sentiment is benefiting...

AdminMay 27, 2021

Technical analysis of Forex market

USD/JPY Surges Above 109.00

The US Dollar surged by 46 pips or 0.42% against the Japanese Yen on Wednesday. A breakout occurred through the upper boundary of a descending channel pattern during Wednesday’s trading session. Given that a breakout had occurred, bullish traders could...

AdminMay 27, 2021

Market overviews

Dollar Recovered in Mixed Markets, Loonie Found Some Footing

Overall markets are mixed for now, except the clear strength in New Zealand Dollar this week. While Aussie is also trading higher against others, it’s lagging Kiwi by a mile. Dollar recovered overnight but once again lost momentum quickly. Canadian...

AdminMay 27, 2021

Finance news

Stock futures are slightly lower in overnight trading ahead of jobs data

Traders working at the New York Stock Exchange (NYSE), on May 19, 2021. NYSE Stock futures were slightly lower in overnight trading on Wednesday as investors await new labor-market data to gauge the pace of the economic recovery. Futures on...

AdminMay 27, 2021

Technical analysis of Forex market

WTI Futures Slow ahead of Vital Resistance Zone

WTI oil futures have retreated before really challenging the vital resistance section of 66.57-67.96 and are now finding some footing near the mid-Bollinger band at 65.20 on the four-hour chart. The improving 50-period simple moving average (SMA) and the 100-...

AdminMay 26, 2021

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Liudmila

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Month: May 2021

False Profits: Looking Past the Stall in Today’s GDP Print

Jobs picture shows more improvement as unemployment claims slide

Sterling Surges on BoE Rate Hike Talks, Canadian Dollar Rebound

United States Oil Fund Elliott Wave And Long Term Cycles USO

WTI Oil Outlook: Oil Eases After Double-Doji, But Signals Remain Mixed

Dollar Bears Gather Strength

USD/JPY Surges Above 109.00

Dollar Recovered in Mixed Markets, Loonie Found Some Footing

Stock futures are slightly lower in overnight trading ahead of jobs data

WTI Futures Slow ahead of Vital Resistance Zone

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Month: May 2021

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