October, 2021 | Forex robots store

Forward Guidance: Inflation in Focus in BoC Surveys and Canadian CPI Data

Canada’s headline inflation rate likely rose again in September, to 4.2% year over year—the highest level since 2003. Outside of volatile food and energy products, it probably rose 3.3%. Faster growth in shelter-related expenses likely remained a key driver of...

AdminOct 15, 2021

Finance news

Fed’s Barkin backs tapering plans and expresses concern about inflation

Richmond Federal Reserve President Thomas Barkin said Friday he’s on board with reducing the amount of economic help the central bank is providing as concerns grow about inflation. With the Fed indicating that it’s likely to start pulling back on...

AdminOct 15, 2021

Fundamental analysis of Forex market

Stocks Extend Gains, Retail Sales Unexpectedly Rise

Wall Street looks set to open higher, building on strong gains from Thursday. Inflation fears appear to have eased. Retail unexpectedly rise. US futures Dow futures +0.36% at 34042 S&P futures +0.3% at 4451 Nasdaq futures +0.3% at 15098 In...

AdminOct 15, 2021

Finance news

Retail sales unexpectedly rise in September as consumers keep spending

Consumers spent at a much faster pace than expected in September, defying expectations for a pullback amid pervasive supply chain problems, the Census Bureau reported Friday. Retail sales for the month increased by 0.7%, against the Dow Jones estimate for...

AdminOct 15, 2021

Market overviews

Sterling Powers Up While Yen Accelerates Lower, Dollar Shrugs Retail Sales

Sterling steals the show today breaking through key resistance levels the Japanese Yen, and a near term low against Euro too. Dollar is trying to strengthen against Euro and Swiss Franc on strong retail sales, but momentum is sluggish elsewhere....

AdminOct 15, 2021

Technical analysis of Forex market

EUR/USD Pair Is Now Attempting A Recovery From The 1.1524 Low

The Euro started a fresh decline from well above 1.1600 against the US Dollar. The EUR/USD pair traded below the 1.1560 and 1.1550 support levels. A low was formed near 1.1524 and the pair is now attempting a recovery. It...

AdminOct 15, 2021

Technical analysis of Forex market

USD/JPY Outlook: Close Above Former High Of Nov 2018 To Signal Further Advance

The USDJPY rose further on Friday, signaling bullish continuation after larger bulls took a breather in past three-day consolidation. Fresh bullish acceleration broke above former high at 114.20 (Nov 2018) and hit new highest in nearly four years, pressuring pivotal...

AdminOct 15, 2021

Technical analysis of Forex market

AUD/NZD Evening Star Pattern Is Playing Out As Price Action Dominates

AUD/NZD technical analysis AUD/NZD has formed the valley. Historical sellers are aligning with now moment sellers. Breakout below the M H3 suggests the continuation. Target is at the M L3 level. Daily chart AUD/NZD Historical sellers. Now moment sellers. Evening...

AdminOct 15, 2021

Technical analysis of Forex market

GBP/JPY Outlook: GBP/JPY Rises To The Highest In Over Five Years

The GBPJPY was among the top performers in early Friday’s trading, as cross accelerated higher and hit the highest level since June 2016. Fresh risk appetite pushed the dollar further down and lifted sterling against its major counterparts while yen...

AdminOct 15, 2021

Technical analysis of Forex market

USDCAD On A Slippery Slope, 1.23 Next In Focus

USDCAD bears show no sign of abating as the sell-off continues for the fourth week, with the price crossing aggressively through the 1.2400 area to hit an almost three-month low of 1.2349 on Friday. The sharp downfall follows the confirmation...

AdminOct 15, 2021

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Month: October 2021

Forward Guidance: Inflation in Focus in BoC Surveys and Canadian CPI Data

Fed’s Barkin backs tapering plans and expresses concern about inflation

Stocks Extend Gains, Retail Sales Unexpectedly Rise

Retail sales unexpectedly rise in September as consumers keep spending

Sterling Powers Up While Yen Accelerates Lower, Dollar Shrugs Retail Sales

EUR/USD Pair Is Now Attempting A Recovery From The 1.1524 Low

USD/JPY Outlook: Close Above Former High Of Nov 2018 To Signal Further Advance

AUD/NZD Evening Star Pattern Is Playing Out As Price Action Dominates

GBP/JPY Outlook: GBP/JPY Rises To The Highest In Over Five Years

USDCAD On A Slippery Slope, 1.23 Next In Focus

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Month: October 2021

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