August, 2021 | Forex robots store

White House to call on OPEC to boost oil production as gasoline prices rise

The White House will call on OPEC and its oil-producing allies to boost production in an effort to combat climbing gasoline prices, amid concerns that rising inflation could derail the economic recovery from Covid. Biden administration officials spoke with representatives...

AdminAug 11, 2021

Technical analysis of Forex market

EURUSD Is Possibly Bearish

Technical analysis The RSI is under line 50 but closer to 20, indicating that a downtrend may prevail with a possible upward correction The Ichimoku indicator displays a bearish sentiment. The Stochastic suggests a possible upward correction. What the possible...

AdminAug 11, 2021

Technical analysis of Forex market

GBP/USD Pair Moved Into A Bearish Zone From 1.3900

The British Pound started a fresh decline after it failed to surpass 1.4000 against the US Dollar. The GBP/USD pair traded below the 1.3900 support level to move into a bearish zone. The pair even broke the 1.3850 support and...

AdminAug 11, 2021

Technical analysis of Forex market

GBP/USD Decline Likely To Continue

The British Pound has declined by 38 pips or 0.27% against the US Dollar on Tuesday. The currency pair was pressured lower by the 55– hour simple moving average during Tuesday’ trading session. All things being equal, the exchange rate...

AdminAug 11, 2021

Market overviews

Dollar Rally in Force as Focus Turns to CPI

Dollar’s rally continues in Asian session today, in particular against Euro, Swiss Franc and Yen. Though, cautious comments from Fed Evans is not giving any particular boost elsewhere. Commodity currencies are still resilient, as supported by overall optimistic sentiment, with...

AdminAug 11, 2021

Finance news

Stocks making the biggest moves midday: Casper, Sysco, 3D Systems and more

Casper’s subway campaign Source: Casper Check out the companies making headlines in midday trading. 3D Systems — The 3-D printing company’s stock surged about 21% after it reported second-quarter earnings of 12 cents per share, beating the 5 cents a...

AdminAug 10, 2021

Fundamental analysis of Forex market

EUR/USD Testing YTD Lows after Woeful German Data, Bears Gunning for 1.16 Next?

Traders are pricing in the potential for an earlier-than-previously-anticipated announcement that the Federal Reserve may start tapering its asset purchases after a run of strong data out of the US It’s been a rough week or two for the world’s...

AdminAug 10, 2021

Market overviews

Euro Falls after Sharp Fall in Economic Sentiment, Accelerating Lower

Euro falls broadly today after data showed surprised sharp fall in Germany and Eurozone economic sentiment. But at this point, Swiss Franc is even worse, while Yen is not far behind. On the other hand, Sterling and commodity currencies are...

AdminAug 10, 2021

Technical analysis of Forex market

AUD/JPY Has Established a Strong Support

The AUD/JPY went to the 88.6 zones and established strong support. The bounce should be happening. 79.90-80.60 is the zone where we should be seeing a bounce. Q L5 pivot also protects the bulls. A bullish bounce towards 81.70 is...

AdminAug 10, 2021

Technical analysis of Forex market

EUR/USD Elliott Wave Analysis Eyes to 1.1700 Level

As per Elliott Wave analysis, EURUSD is coming down after Friday’s NFP report, now seems like it’s breaking down into wave 5 targeting that April levels are near 1.1700. Ideally, the pair will still be looking for some buyers down...

AdminAug 10, 2021

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Month: August 2021

White House to call on OPEC to boost oil production as gasoline prices rise

EURUSD Is Possibly Bearish

GBP/USD Pair Moved Into A Bearish Zone From 1.3900

GBP/USD Decline Likely To Continue

Dollar Rally in Force as Focus Turns to CPI

Stocks making the biggest moves midday: Casper, Sysco, 3D Systems and more

EUR/USD Testing YTD Lows after Woeful German Data, Bears Gunning for 1.16 Next?

Euro Falls after Sharp Fall in Economic Sentiment, Accelerating Lower

AUD/JPY Has Established a Strong Support

EUR/USD Elliott Wave Analysis Eyes to 1.1700 Level

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Month: August 2021

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