August, 2021 | Forex robots store

OPEC+ Shuns US Request, Gold Eyes $1,800

Oil under pressure even as OPEC+ shuns US request Oil prices coming under further pressure on Tuesday after rebounding off its lows once more at the start of the week. This came after OPEC+ sources claimed the group sees no...

AdminAug 17, 2021

Fundamental analysis of Forex market

US: Retail Sales Decline in July as Consumers Shift from Goods to Services

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...

AdminAug 17, 2021

Finance news

Retail sales drop worse-than-expected 1.1% in July as rising Covid fears hit consumers

Shoppers in the U.S. cut back their purchases in July even more than expected as worries over the delta variant of Covid-19 dampened activity and government stimulus dried up. Retail sales for the month fell 1.1%, worse than the Dow...

AdminAug 17, 2021

Market overviews

Risk-Off Sentiment Supports Swiss Franc, Yen and Dollar

Souring risk sentiment continues to support Swiss Franc and Yen today, while Dollar is also trying to catch up. Commodity currencies are still the weakest ones. In particular, New Zealand Dollar tumbles on talks that RBNZ could refrain from delivering...

AdminAug 17, 2021

Technical analysis of Forex market

EUR/USD Elliott Wave Analysis: Approaches Support

EURUSD is coming slightly down, now approaching the trendline support which may open door for 1.17 if line is broken. As per Elliott Wave analysis, EURUSD is sliding down into wave 5 which has touched March low but there is...

AdminAug 17, 2021

Technical analysis of Forex market

UK 100 Bounces Off Support

Commodity stocks dragged down the FTSE 100 index after weak economic data from China. The rise above June’s peak at 7215 was a sign of commitment from the long side. However, a pullback is necessary to keep the rally sustainable....

AdminAug 17, 2021

Finance news

Chinese electric scooter company Niu shakes off pandemic slump and predicts strong sales ahead

This Niu scooter store in Beijing’s Chaoyang district is open daily from about 8 a.m. to 8 p.m. Evelyn Cheng | CNBC BEIJING — Almost three years since Chinese electric scooter start-up Niu Technologies listed in the U.S., the company...

AdminAug 17, 2021

Technical analysis of Forex market

GBP/USD: Why 1.3800 Holds The Key In Near Term

Key Highlights GBP/USD is struggling to climb above the 1.3900 resistance zone. A key declining channel is forming with resistance near 1.3885 on the 4-hours chart. EUR/USD failed to clear the main 1.1800 resistance zone. The UK ILO Unemployment rate...

AdminAug 17, 2021

Fundamental analysis of Forex market

RBA Minutes Confirm Reasoning Behind August Policy Decision

Westpac was surprised by the decision at the August Board meeting to maintain the policy to begin tapering bond purchases in early September. Since then near term growth prospects have deteriorated further. However that deterioration would need to trigger a...

AdminAug 17, 2021

Market overviews

Aussie Stays Weak after RBA Minutes, Same as Other Commodity Currencies

Commodity currencies remained generally pressured in Asian session today. While DOW and S&P 500 managed to reverse initial losses to close at new record highs, there is no follow through risk-on sentiment in Asia. Canadian Dollar is additionally weighed down...

AdminAug 17, 2021

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Liudmila

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Month: August 2021

OPEC+ Shuns US Request, Gold Eyes $1,800

US: Retail Sales Decline in July as Consumers Shift from Goods to Services

Retail sales drop worse-than-expected 1.1% in July as rising Covid fears hit consumers

Risk-Off Sentiment Supports Swiss Franc, Yen and Dollar

EUR/USD Elliott Wave Analysis: Approaches Support

UK 100 Bounces Off Support

Chinese electric scooter company Niu shakes off pandemic slump and predicts strong sales ahead

GBP/USD: Why 1.3800 Holds The Key In Near Term

RBA Minutes Confirm Reasoning Behind August Policy Decision

Aussie Stays Weak after RBA Minutes, Same as Other Commodity Currencies

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Month: August 2021

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