October, 2021 | Forex robots store

GBP/USD Reaches Above 1.3800

The worse than forecast US Advance GDP data on Thursday caused a surge of the GBP/USD currency exchange rate. Due to the surge, the rate reached 1.3815, as it surged 85 pips. In the aftermath of the jump of the...

AdminOct 29, 2021

Technical analysis of Forex market

USD/JPY Remains Above 113.40

Despite piercing the support of the 113.40 level on Thursday, the USD/JPY did not extend the decline. Instead, the pair found support at 113.25 and recovered. At mid-day on Friday, the rate had retraced to the 100-hour simple moving average...

AdminOct 29, 2021

Technical analysis of Forex market

GOLD Respects Resistance Of 1,810.00 Level

On Thursday, volatility was caused by the release of the US Advance GDP. During the volatility, the price for gold once again confirmed the 1,810.00 level as a resistance level. The following decline passed the 55 and 100-hour simple moving...

AdminOct 29, 2021

Technical analysis of Forex market

EUR/USD Outlook: Euro Loses Traction After Strong Post-ECB Rally, But Bulls Are Still In Play

The Euro eases from new one-month high, posted after Thursday’s post-ECB 0.7% advance (the biggest one-day rally since May 5). Traders reacted on ECB Lagarde’s less dovish than expected speech , while US GDP data miss added to positive sentiment....

AdminOct 29, 2021

Technical analysis of Forex market

GBPJPY Falters Around 158 Level But Upside Still Intact

GBPJPY is consolidating across the 156.00 mark that is the upper part of a support barrier moulded by the highs reached at the end of May until the later part of June. The simple moving averages are sponsoring the positive...

AdminOct 29, 2021

Technical analysis of Forex market

USDCAD Is On The Sidelines But Indicators Suggest Bullish Action

USDCAD has been moving sideways over the last few days, remaining above the 1.2285 support and below the simple moving averages (SMAs). Technically, the MACD oscillator is jumping above its trigger line, holding well below the zero level, while the...

AdminOct 29, 2021

Market overviews

Dollar and Yen Dropped Again on Risk On Markets

Dollar and Yen dropped sharply overnight on strong risk-on market, as NASDAQ finally caught up and made new record high. The greenback is additionally pressured by the delayed buying in Euro after ECB post-meeting press conference. For now, Canadian Dollar...

AdminOct 29, 2021

Finance news

Alibaba is ramping up in Europe, and is already ahead of Amazon in one region

Employees pack crates with merchandise for orders at a Cainiao warehouse, the logistics subsidiary of Alibaba Group Holding, ahead of the company’s annual Singles’ Day shopping extravaganza in Wuxi, Jiangsu province, China, on Nov. 9, 2020. Qilai Shen | Bloomberg...

AdminOct 29, 2021

Finance news

Pending home sales fell unexpectedly in September, likely due to higher mortgage rates

A pending sale sign in front of a home in Miami. Getty Images Pending home sales, which are a measure of signed contracts to buy existing homes, fell an unexpected 2.3% in September compared with August, according to the National...

AdminOct 28, 2021

Fundamental analysis of Forex market

US Q3 GDP Much Worse Than Q2. But Will It Continue?

The Advanced look at Q3 GDP for the US was only 2% vs 6.7% in Q2. And although economists expected the economy to slow to 2.7% due to supply chain issues and the Delta variant of the coronavirus, the headline...

AdminOct 28, 2021

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Month: October 2021

GBP/USD Reaches Above 1.3800

USD/JPY Remains Above 113.40

GOLD Respects Resistance Of 1,810.00 Level

EUR/USD Outlook: Euro Loses Traction After Strong Post-ECB Rally, But Bulls Are Still In Play

GBPJPY Falters Around 158 Level But Upside Still Intact

USDCAD Is On The Sidelines But Indicators Suggest Bullish Action

Dollar and Yen Dropped Again on Risk On Markets

Alibaba is ramping up in Europe, and is already ahead of Amazon in one region

Pending home sales fell unexpectedly in September, likely due to higher mortgage rates

US Q3 GDP Much Worse Than Q2. But Will It Continue?

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Month: October 2021

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