August, 2021 | Forex robots store

USD/JPY Trades Sideways

The US Dollar against the Japanese Yen consolidated below the 110.60 level on Thursday. The currency pair traded between the 55– and 100– hour SMAs during Thursday’s trading session. Technical indicators suggest buying signals on the 4H and daily time-frame...

AdminAug 13, 2021

Technical analysis of Forex market

XAU/USD Two Scenarios Likely

During the first half of Thursday’s trading session, Gold fell by 144 pips or 0.82% against the US Dollar. However, the commodity rebounded from a support level of 1744.8 at the end of the session. Currently, the yellow metal is...

AdminAug 13, 2021

Technical analysis of Forex market

S&P 500 Surges To New High

The S&P 500 continues to climb as weekly jobless claims meet estimates. A series of higher highs suggests that the bullish sentiment is still intact. 4480 would be the next stop as momentum traders jump in. The RSI has broken...

AdminAug 13, 2021

Fundamental analysis of Forex market

RBNZ Inflation Expectations Survey At A 7 Year High Fails To Boost NZDUSD

Following the suspension of the trans-Tasman travel bubble following the Sydney outbreak in late July, quarantine-free travel is unlikely to resume between Australia and New Zealand in September as previously planned. Higher vaccination rates are needed on both sides of...

AdminAug 13, 2021

Market overviews

Sterling Turning Weaker in Crosses, Dollar Lacks Clear Direction

Trading in the Asian markets is relatively subdued again. Asian stocks are mixed even though DOW and S&P 500 rose to new record highs overnight. Dollar continues to fail to find a committed direction. While the greenback remains firm against...

AdminAug 13, 2021

Finance news

Labor Department pumps $240 million into unemployment system to fight ‘terrifying’ fraud

Erin Scott/Bloomberg via Getty Images It’s unclear exactly how much money has been lost to theft. The Labor Department’s Office of Inspector General estimates about $87 billion in benefits may ultimately be paid improperly, a significant portion due to fraud,...

AdminAug 12, 2021

Fundamental analysis of Forex market

UK GDP In-line, GBP/USD Bulls Watching for a Break above 1.3900

The GDP report highlights the stop-and-start nature of the economic recovery in the UK, where the start of Q2 saw strong growth before slowing in June… After yesterday’s highly-anticipated US Consumer Price Index (CPI) report, traders refocused their attention across...

AdminAug 12, 2021

Finance news

U.S. jobless claims total 375,000, falling for a third straight week

Initial jobless claims declined for the third consecutive week as the U.S. labor market continued its recovery from last year’s recession. New claims for jobless benefits totaled 375,000 last week, the Labor Department said Thursday, matching estimates from economists surveyed...

AdminAug 12, 2021

Market overviews

Dollar Regains Some Ground after PPI and Jobless Claims, Staying in Range

Dollar is trying to regain some ground in early US session after stronger than expected PPI. Both initial and continuing jobless claims also continued to trend lower. The greenback is followed by Euro and Yen while Aussie and Kiwi are...

AdminAug 12, 2021

Technical analysis of Forex market

Bitcoin – Retracement Complete or Brief Pause?

Bitcoin seeing temporary resistance Bitcoin is slightly lower on Thursday, having stalled in the middle of the week following strong rallies this month. The 50 fib level – April highs to June lows – is putting up a bit of...

AdminAug 12, 2021

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Liudmila

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Month: August 2021

USD/JPY Trades Sideways

XAU/USD Two Scenarios Likely

S&P 500 Surges To New High

RBNZ Inflation Expectations Survey At A 7 Year High Fails To Boost NZDUSD

Sterling Turning Weaker in Crosses, Dollar Lacks Clear Direction

Labor Department pumps $240 million into unemployment system to fight ‘terrifying’ fraud

UK GDP In-line, GBP/USD Bulls Watching for a Break above 1.3900

U.S. jobless claims total 375,000, falling for a third straight week

Dollar Regains Some Ground after PPI and Jobless Claims, Staying in Range

Bitcoin – Retracement Complete or Brief Pause?

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Month: August 2021

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