October, 2021 | Forex robots store

GBPJPY Rallies Towards New 44-Month High, Next Stop At 160.00

GBPJPY posted six straight green days and today is continuing the bullish rally towards a fresh 44-month high around 156.57. The pair jumped well above the medium-term descending trend line and any closing candle beyond the previous high of 156.50...

AdminOct 15, 2021

Technical analysis of Forex market

US 100 Attempts A Bullish Reversal

The Nasdaq 100 rose as investors anticipate strong profit growth in the third quarter. The break above 14930 has prompted sellers to cover their positions, alleviating the bearish pressure in the process. The tech index has then secured support around...

AdminOct 15, 2021

Market overviews

Yen Selloff Looks Unstoppable as Global Stocks Surge

Yen’s selloff continues to look unstoppable as global markets are set to end the week on a strong note. Asian stocks are trading broadly higher following the solid rebound in the US overnight. Dollar is also weak, partly weighed down...

AdminOct 15, 2021

Fundamental analysis of Forex market

Cliff Notes: Confidence Provides a Robust Foundation for Recovery

Key insights from the week that was. Confidence was the key theme in Australia and the world this week. Beginning with Australia’s NAB business survey. In mid-to-late September when the survey was taken, the end of lockdown was in sight...

AdminOct 15, 2021

Finance news

Here’s how much 10 big banks have cut their China growth forecasts

Workers labor in a factory of bathing suits in Jinjiang in southeast China’s Fujian province Tuesday, Sept. 28, 2021. Feature China | Barcroft Media | Getty Images BEIJING — Ahead of China’s quarterly growth numbers due out on Monday, most...

AdminOct 15, 2021

Fundamental analysis of Forex market

Sterling Hits 3-Week High

The British pound has extended its gains on Thursday, as the US dollar continues to retreat against the major currencies. GBP/USD is currently trading at 1.3710, up 0.41% on the day. Earlier, the pair rose to 1.3434, its highest level since...

AdminOct 14, 2021

Finance news

Jobless claims fall below 300,000 for the first time since the pandemic began

Initial jobless claims fell below 300,000 for the first time since the early days of the Covid-19 pandemic, the Labor Department said Thursday. In another sign the jobs market is getting closer to its old self, first-time claims for unemployment...

AdminOct 14, 2021

Market overviews

CAD, AUD, NZD Rise in Risk-on Markets, JPY Selling in Force

Commodity currencies rise broadly today on the back on risk-on sentiments. Major European indexes are trading up while US futures also point to higher open. Yen is extending recent broad based decline since though treasury yields are in retreat. Dollar...

AdminOct 14, 2021

Technical analysis of Forex market

XAU/USD Outlook: Weaker Dollar And Rising Inflation Lift Gold

Spot gold rose sharply on Wednesday (up 1.82% for the day, the second biggest daily advance in 2021) lifted by weaker dollar on further rise in US inflation and unclear situation regarding the start of tapering stimulus, which markets widely...

AdminOct 14, 2021

Technical analysis of Forex market

US Dollar Index Outlook: Extended Pullback From One-Year High Warns Of Deeper Correction

The dollar extends lower on Thursday, following Wednesday’s 0.52% drop, with Wednesday’s close below 10DMA (94.14) and today’s drop through Fibo 23.6% of 91.92/94.55 upleg, generating initial reversal signal. After minor negative impact from downbeat US jobs data, which were...

AdminOct 14, 2021

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Liudmila

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Month: October 2021

GBPJPY Rallies Towards New 44-Month High, Next Stop At 160.00

US 100 Attempts A Bullish Reversal

Yen Selloff Looks Unstoppable as Global Stocks Surge

Cliff Notes: Confidence Provides a Robust Foundation for Recovery

Here’s how much 10 big banks have cut their China growth forecasts

Sterling Hits 3-Week High

Jobless claims fall below 300,000 for the first time since the pandemic began

CAD, AUD, NZD Rise in Risk-on Markets, JPY Selling in Force

XAU/USD Outlook: Weaker Dollar And Rising Inflation Lift Gold

US Dollar Index Outlook: Extended Pullback From One-Year High Warns Of Deeper Correction

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Month: October 2021

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