November, 2021 | Forex robots store

Canadian Dollar Flat ahead of CPI

The Canadian dollar is drifting ahead of the North American session. Currently, USD/CAD is trading at 1.2559, unchanged on the day. Canada will release October inflation reports later in the day. As is the case in the US, inflation is...

AdminNov 17, 2021

Finance news

Ignore ‘hysterical people’ — inflation is not here to stay, economist says

A breakdown of the latest U.S. data indicates that inflation is confined to certain sectors and will not pose a threat to the recovery, according to Carl Weinberg, chief economist at High Frequency Economics. U.S. CPI inflation came in at...

AdminNov 17, 2021

Technical analysis of Forex market

GBPCAD Takes A Breather, But Downtrend Still In Play

GBPCAD has rebounded in recent sessions, finding fresh buy orders after hitting 1.6710, a low last reached in March 2020. Despite this bounce, the structure of lower lows and lower highs remains intact. The pair is also trading below both...

AdminNov 17, 2021

Market overviews

Dollar Extends Rally as Focus Turns to UK and Canada CPI

Dollar’s rally extends in Asian session, with EUR/USD breaching 1.13 key support zone. Meanwhile, USD/JPY also breaks 114.86 near term top. Sterling is so far very resilient as markets await inflation data from the UK. Canadian Dollar is just mixed...

AdminNov 17, 2021

Technical analysis of Forex market

EURUSD Elliott Wave View: Further Weakness Expected

Short Term Elliott Wave view on EURUSD suggests the decline from October 28 peak is unfolding as a 5 waves impulse Elliott Wave structure. Down from October 28, wave (i) ended at 1.1533 and rally in wave (ii) ended at...

AdminNov 17, 2021

Fundamental analysis of Forex market

Asian Open: USD/JPY Hits A 3-Year High Ahead Of Japan’s Trade Data

The USD extended its post-CPI gains due to strong retail sales data, with only GBP slightly outperforming it as bets are now on for BOE to hike in December. Asian Futures: Australia’s ASX 200 futures are up 19 points (0.26%),...

AdminNov 17, 2021

Finance news

Stock futures are mostly flat ahead of more retail earnings reports

Stock futures were mostly flat in overnight trading Tuesday ahead of earnings reports from big-box retailers Target and Lowe’s. Futures on the Dow Jones Industrial Average added about 35 points. S&P 500 futures were little changed and Nasdaq 100 futures...

AdminNov 17, 2021

Finance news

Rent for single-family homes surged 10% in September, boosted by pricey for-sale market and job growth

Rents for single-family homes increased 10.2% nationally in September year over year, up from a 2.6% rise in September of last year, according to a new report from CoreLogic. Improved job growth and sky-high prices in the for-sale housing market...

AdminNov 16, 2021

Finance news

Retail sales rise faster than expected in October even as inflation pushes prices higher

Shoppers search for clothing at Uniqlo Retail Clothing Company November 12, 2021 in New York City. Robert Nickelsberg | Getty Images U.S. shoppers accelerated their level of spending in October even as the prices of goods jumped at their fastest...

AdminNov 16, 2021

Technical analysis of Forex market

WTI Futures Advances Curbed by Ichimoku Cloud and 50-MA

WTI oil futures are dipping back beneath the 200-period simple moving average (SMA) at 81.05 after the bounce off the 79.29 level failed to extend above the Ichimoku cloud. The converging SMAs are supporting a more horizontal trajectory in the...

AdminNov 16, 2021

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Month: November 2021

Canadian Dollar Flat ahead of CPI

Ignore ‘hysterical people’ — inflation is not here to stay, economist says

GBPCAD Takes A Breather, But Downtrend Still In Play

Dollar Extends Rally as Focus Turns to UK and Canada CPI

EURUSD Elliott Wave View: Further Weakness Expected

Asian Open: USD/JPY Hits A 3-Year High Ahead Of Japan’s Trade Data

Stock futures are mostly flat ahead of more retail earnings reports

Rent for single-family homes surged 10% in September, boosted by pricey for-sale market and job growth

Retail sales rise faster than expected in October even as inflation pushes prices higher

WTI Futures Advances Curbed by Ichimoku Cloud and 50-MA

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Month: November 2021

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