June, 2021 | Forex robots store

Bank of Canada to Stay on Tapering Path But No New Action This Week

The Bank of Canada (BoC) was the first central bank to slowly sail away from its super accommodative policy settings in late April, citing the rapid improvement in fundamentals and the brighter economic outlook in the years ahead. While investors...

AdminJun 4, 2021

Technical analysis of Forex market

Silver Fakes Downside Break of Bullish Channel’s Lower Band

Silver is currently pushing up against the fairly neutral 100- and 50-period simple moving averages (SMAs), after buying interest picked up around the 200-period SMA at 27.15, just beneath the lower band of the bullish channel. The 200-period SMA has...

AdminJun 4, 2021

Finance news

Job creation accelerated in May but is still below lofty expectations

Job creation disappointed again in May, with nonfarm payrolls up what normally would be considered a solid 559,000 but still short of lofty expectations, the Labor Department reported Friday. Payrolls were expected to increase by 671,000, according to economists surveyed...

AdminJun 4, 2021

Fundamental analysis of Forex market

US: Hiring Perks Up in May

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward. Contact...

AdminJun 4, 2021

Market overviews

Dollar Fades after Another NFP Miss, US Futures Up

Dollar drops notably in early US session after another NFP miss. It has now reversed all of yesterday’s late gains. Canadian Dollar also turns softer after weaker than expectation job data. On the other hand, other commodity currencies strengthen mildly....

AdminJun 4, 2021

Finance news

Powell says climate change is not a main factor in the Fed’s policy decisions

Federal Reserve Chairman Jerome Powell Kevin Lamarque | Reuters Federal Reserve Chairman Jerome Powell said Friday that climate change is not a main consideration for the central bank when formulating monetary policy. Speaking on a panel of his global colleagues,...

AdminJun 4, 2021

Technical analysis of Forex market

AUD/USD Outlook: Aussie Is Consolidating After Heavy Losses, Eyes US Jobs Data For Fresh Signals

The Australian dollar is consolidating above a new seven-week low at 0.7645, posted after a 1.32% drop on Thursday, driven by upbeat US data that inflated the US currency. Fresh bears (Thursday’s fall market the biggest one-day-loss since May 12)...

AdminJun 4, 2021

Technical analysis of Forex market

NZDUSD Recoups Some Of The Strong Losses

NZDUSD plummeted in a new one-month low around 0.7124 in the preceding sessions, however, it is currently trying to recoup some of the losses. The RSI is gaining some ground in the oversold territory, while the stochastic is getting ready...

AdminJun 4, 2021

Technical analysis of Forex market

EUR/USD Pair Is Now Struggling To Recover From The 1.2114 Low

The Euro started a fresh decline from the 1.2255 resistance zone against the US Dollar. The EUR/USD pair broke the 1.2200 support zone to move into a short-term bearish zone. It even broke the 1.2150 support and settled well below...

AdminJun 4, 2021

Technical analysis of Forex market

GBPJPY Takes A Breather But Route Remains Northbound

GBPJPY has temporarily ceased its bullish bearing at a resistance belt, moulded between the 156.00 hurdle and the peak of February 2018 at 156.60. Nonetheless, the climbing simple moving averages (SMAs) are endorsing the broader bullish structure, while the Ichimoku lines...

AdminJun 4, 2021

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Month: June 2021

Bank of Canada to Stay on Tapering Path But No New Action This Week

Silver Fakes Downside Break of Bullish Channel’s Lower Band

Job creation accelerated in May but is still below lofty expectations

US: Hiring Perks Up in May

Dollar Fades after Another NFP Miss, US Futures Up

Powell says climate change is not a main factor in the Fed’s policy decisions

AUD/USD Outlook: Aussie Is Consolidating After Heavy Losses, Eyes US Jobs Data For Fresh Signals

NZDUSD Recoups Some Of The Strong Losses

EUR/USD Pair Is Now Struggling To Recover From The 1.2114 Low

GBPJPY Takes A Breather But Route Remains Northbound

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Month: June 2021

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