August, 2021 | Forex robots store

Payrolls increase 943,000 in July as unemployment rate slides to 5.4%

Hiring rose in July at its fastest pace in nearly a year despite fears over Covid-19’s delta variant and as companies struggled with a tight labor supply, the Labor Department reported Friday. Nonfarm payrolls increased by 943,000 for the month...

AdminAug 6, 2021

Market overviews

Dollar Jumps as NFP Grew 943k, EUR/USD Heading Back to 1.175 Support

Dollar jumps sharply in early US session after stronger than expected non-farm payroll data. If job growth could sustain at current page in August, more FOMC members would be ready to call for tapering in Q4. Euro, Swiss Franc and...

AdminAug 6, 2021

Technical analysis of Forex market

GBPJPY Edges Sideways As Advances Curbed By 50-MA

GBPJPY is presently stuck between the 50- and 100-day simple moving averages and directional momentum appears to have become feeble. The 200-day SMA is backing the positive structure, while the 50- and 100-day SMAs are endorsing a more neutral trajectory...

AdminAug 6, 2021

Technical analysis of Forex market

GBPUSD Bearish Bias

Technical analysis The four-hour time frame shows that the GBPUSD pair has formed a large inverted head and shoulders pattern, although a final drop may need to happen to complete the structure of the pattern. The MACD indicator on the...

AdminAug 6, 2021

Technical analysis of Forex market

EURUSD Bullish Bias

Technical analysis The EURUSD pair has formed a notable inverted head and shoulders price pattern on the four-hour time frame, with an upside target of nearly 150 points. The Stochastic indicator on the four-hour time frame is approaching overbought territory...

AdminAug 6, 2021

Technical analysis of Forex market

Gold Supported Prior To NFP

Gold made a small breakout yesterday, but it is supported prior to the NFP. We might see a move up before the NFP. The main even the Nonfarm Payrolls will determine the move in gold. However, we might expect a...

AdminAug 6, 2021

Fundamental analysis of Forex market

US Job Growth Will Give The Dollar A New Flourishing

For markets, today is employment day. The US publishes its monthly jobs growth estimate. This indicator could regain its lost glory this month as the economic indicator that provokes the most volatility in the markets. Strong data this time will...

AdminAug 6, 2021

Technical analysis of Forex market

XAG/USD Tests Psychological Support

Silver falls as US treasury yields inch higher ahead of the jobs report. The rally above 25.40 had prompted sellers to cover, but the bulls have met stiff selling pressure at 26.00, a former support that has turned into a...

AdminAug 6, 2021

Technical analysis of Forex market

US 30 Consolidates Gains

The Dow Jones 30 consolidates as traders await today’s NFP. A new high above 35100 indicates that the bulls are still in control. Though profit- taking ahead of this catalyst has driven the index to the support at 34700. Sideways...

AdminAug 6, 2021

Technical analysis of Forex market

GBP/USD Seeks Further Support

The pound bounces higher on BOE’s upbeat inflation forecast for later this year. The rally above the daily resistance level at 1.3900 is a strong sign that buyers are willing to commit. A bullish MA cross on the daily chart...

AdminAug 6, 2021

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Month: August 2021

Payrolls increase 943,000 in July as unemployment rate slides to 5.4%

Dollar Jumps as NFP Grew 943k, EUR/USD Heading Back to 1.175 Support

GBPJPY Edges Sideways As Advances Curbed By 50-MA

GBPUSD Bearish Bias

EURUSD Bullish Bias

Gold Supported Prior To NFP

US Job Growth Will Give The Dollar A New Flourishing

XAG/USD Tests Psychological Support

US 30 Consolidates Gains

GBP/USD Seeks Further Support

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Month: August 2021

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