December, 2021 | Forex robots store

USD/TRY Outlook: Lira Has Registered The Record One-Day Rally On President Erdogan’s

USDTRY was the top performer on Monday and early Tuesday, in a generally slowing pre-holiday market, shook strongly twice by the comments from Turkish President Erdogan. The currency accelerated to new historical low against the US dollar below 18 mark...

AdminDec 21, 2021

Technical analysis of Forex market

US 30 Struggles For Support

The Dow Jones retreated as major countries imposed curfews ahead of the holiday season. Following a double top under 36200, a drop below 35450 has broken buyers’ attempt to resume the rally. The index is struggling to hold above the...

AdminDec 21, 2021

Market overviews

Yen Mildly Lower as Asia Rebounds, Canadian Dollar in Weak Recovery

Yen trades mildly lower today, as Asian markets recover despite the steep fall in US overnight. Swiss Franc and Dollar are also soft. On the other hand, commodity currencies are all recovering mildly, but momentum is weak. Overall, the forex...

AdminDec 21, 2021

Finance news

‘Santa rally’ won’t rekindle due to omicron risks and profit-taking, PNC Financial’s CIO predicts

PNC Financial is throwing cold water on the fourth-quarter rally. Covid omicron fears will take a heavy toll on risk appetites over the next two weeks, according to Chief Investment Officer Amanda Agati. “We’ve already gotten the Santa rally,” she...

AdminDec 21, 2021

Finance news

Goldman cuts GDP forecast after Sen. Manchin says he won’t support Biden’s ‘Build Back Better’ plan

U.S. Senator Joe Manchin (D-WV) delivers remarks to reporters at the U.S. Capitol in Washington, D.C., November 1, 2021. Jonathan Ernst | Reuters The apparent failure of President Joe Biden’s “Build Back Better” plan means that economic growth could be...

AdminDec 20, 2021

Fundamental analysis of Forex market

Canadian Dollar Keeps Falling

The US dollar is flexing some muscle as USD/CAD has started the week with considerable gains and is trading around 1.2950. The Canadian dollar had a rough week, losing 1.29%. USD/CAD is closing in on the symbolic 1.30 line, which...

AdminDec 20, 2021

Technical analysis of Forex market

EUR/USD Outlook: Near-Term Action Extends Sideways Mode but Larger Picture Remains Bearish

The Euro bounces on Monday, reversing over 50% of Friday’s 0.85% drop and bringing the price to the middle of the range that extends into a fifth straight week. Fresh strength partially offsets negative signal from last week’s bearish close...

AdminDec 20, 2021

Market overviews

Risk Aversion Continues, Canadian Dollar Follows Oil Lower

Commodity currencies are under broad-based pressure today, as markets are trading in risk-off mode on the spread of Omicron. Canadian Dollar is leading the way lower as WTI oil tumbles below 70. But Euro and Swiss Franc are currently the...

AdminDec 20, 2021

Finance news

Stocks making the biggest moves premarket: Moderna, Royal Caribbean, Cerner and others

Check out the companies making headlines before the bell: Moderna (MRNA) – Moderna shares jumped 7.2% in the premarket after the drugmaker said a booster dose of its Covid-19 vaccine increased protection against the omicron variant 37-fold. Amid the spread...

AdminDec 20, 2021

Technical analysis of Forex market

AUDUSD Ticks Up after Finding Support at 0.7090

AUDUSD found strong support at the 0.7090 barrier after several red sessions. The RSI is also pointing upwards in the negative territory, while the MACD is still falling below its trigger and zero lines. The 20- and 40-period simple moving averages...

AdminDec 20, 2021

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Month: December 2021

USD/TRY Outlook: Lira Has Registered The Record One-Day Rally On President Erdogan’s

US 30 Struggles For Support

Yen Mildly Lower as Asia Rebounds, Canadian Dollar in Weak Recovery

‘Santa rally’ won’t rekindle due to omicron risks and profit-taking, PNC Financial’s CIO predicts

Goldman cuts GDP forecast after Sen. Manchin says he won’t support Biden’s ‘Build Back Better’ plan

Canadian Dollar Keeps Falling

EUR/USD Outlook: Near-Term Action Extends Sideways Mode but Larger Picture Remains Bearish

Risk Aversion Continues, Canadian Dollar Follows Oil Lower

Stocks making the biggest moves premarket: Moderna, Royal Caribbean, Cerner and others

AUDUSD Ticks Up after Finding Support at 0.7090

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Month: December 2021

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