October, 2021 | Forex robots store

GBP/USD Outlook: Renewed Rate Hike Hopes Keep Sterling Afloat

Cable edged higher on Thursday, following a limited pullback previous day, remaining inflated by improved global risk sentiment. The Bank of England said that the size and duration of a recent jump in inflation is greater than expected, driven by...

AdminOct 7, 2021

Finance news

Jobless claims post sharp decline to 326,000, better than expectations

The total of Americans submitting jobless claims fell sharply last week as enhanced federal unemployment benefits wound down, the Labor Department reported Thursday. Initial filings for unemployment benefits totaled a seasonally adjusted 326,000 for the week ended Oct. 2, below...

AdminOct 7, 2021

Fundamental analysis of Forex market

AUD Moves Higher, NFP Next

The Australian dollar has found its legs on Thursday, in what has been an uneventful week. Currently, AUD/USD is trading at 0.7308, up 0.50% on the day. The Australian dollar has had a mostly quiet week, and even an RBA...

AdminOct 7, 2021

Fundamental analysis of Forex market

NFP Preview: Fed Locked in to Tapering Starting Next Month Unless NFP Bombs?

Any time we discuss the monthly US non-farm payrolls (NFP) report, we always emphasize that it’s significant primarily because of the impact it has on Federal Reserve policy. Following last month’s FOMC meeting though, Fed Chairman Jerome Powell made it...

AdminOct 7, 2021

Market overviews

Euro Stays Pressured in Slow Markets, Risk Appetite Returning

Selloff in Euro remains the main theme in slow markets today. Return of risk appetite is also weighing down Dollar and Yen. On the other hand, commodity currencies are generally strong, with Aussie having an upper hand over Kiwi and...

AdminOct 7, 2021

Technical analysis of Forex market

EUR/USD Elliott Wave Analysis: Searches for Support

We can see some choppy and slow price action on FX market ahead of Friday’s NFP report. EURUSD Ideally, there is going to be another and final drop in the next 24 hours and then possible reversal after NFP tomorrow....

AdminOct 7, 2021

Fundamental analysis of Forex market

Natural Gas’s Boom And Bust

The energy market may have passed an inflexion point yesterday. The more than 20% jump in prices in Europe on Tuesday to $1,500 per 1,000 cubic meters triggered an avalanche of margin calls during the trading on Wednesday. At one...

AdminOct 7, 2021

Technical analysis of Forex market

AUDUSD Hovers Near The SMAs And Below 0.7300

AUDUSD has been moving sideways over the last couple of sessions, holding near the 20- and 40-day simple moving averages (SMAs) and the lower surface of the Ichimoku cloud. The MACD oscillator is advancing above its trigger line in the negative...

AdminOct 7, 2021

Market overviews

Euro Weakness Continues in Flip-Flopping Markets

Overall markets continue to be rather mixed for now. Commodity currencies rally in Asian session, as led by Aussie, following rebound in the stock markets. On the other hand, Dollar is turning softer again, together with Yen. Euro’s weakness is...

AdminOct 7, 2021

Finance news

Stock futures are higher after investors’ debt ceiling concerns dwindle

U.S. stock futures edged higher Wednesday night after the Dow Jones Industrial Average reclaimed a 459-point loss from earlier in the day as investor concerns about a debt ceiling deal eased. Dow Jones Industrial Average futures rose 181 points. S&P...

AdminOct 7, 2021

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Month: October 2021

GBP/USD Outlook: Renewed Rate Hike Hopes Keep Sterling Afloat

Jobless claims post sharp decline to 326,000, better than expectations

AUD Moves Higher, NFP Next

NFP Preview: Fed Locked in to Tapering Starting Next Month Unless NFP Bombs?

Euro Stays Pressured in Slow Markets, Risk Appetite Returning

EUR/USD Elliott Wave Analysis: Searches for Support

Natural Gas’s Boom And Bust

AUDUSD Hovers Near The SMAs And Below 0.7300

Euro Weakness Continues in Flip-Flopping Markets

Stock futures are higher after investors’ debt ceiling concerns dwindle

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Month: October 2021

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