The S&P 500 Closed The First Half Of 2021 At A Record High. Investors Are Expecting Further Gains In Global Indicies
The preliminary employment data from ADP showed that the US private sector added 692,000 jobs in June, 92,000 more than economists expected. Investors are now waiting for Nonfarm Payrolls data from the government to gauge the labor market recovery. The...
GBP/USD Outlook: Bears Accelerate On Dovish Comments From BoE’s Governor Bailey
Cable continues to travel south for the sixth straight day and hit 11-week low on Thursday after dovish tone from BoE Governor Bailey’s speech accelerated bears. Fresh weakness broke through pivotal support at 1.3786 (June 21 low) completing failure swing...
Two Trades To Watch: Oil, EUR/USD
WTI crude oil look to OPEC decision Economies reopening has boosted fuel demand amid limited supply sending oil prices soaring. Oil has rallied over 10% across June alone. The price of oil is nudging higher ahead of the OPEC meeting,...
Dollar Rally Taking Shape One Step at a Time
Dollar’s rally continues to make progress, one step at a time. Solid job report overnight helped lift the greenback through near term resistance against Euro and Yen. Nevertheless, reaction in stocks were subdued. Focus will now turn to ISM manufacturing...
This market trend suggests a weak summer, but Ally Invest has a message for investors: Don’t get discouraged
Despite an upbeat market forecast for the year’s second half, Ally Invest’s Lindsey Bell has a warning for the next few months. Bell finds the third quarter is usually the weakest time of the year, up 0.7% on average since...
Signal2forex.com - Best Forex robots and signals




