December, 2021 | Forex robots store

Job growth disappoints in November, with a gain of just 210,000, despite high hopes

The U.S. economy created far fewer jobs than expected in November, in a sign that hiring started to slow even ahead of the new Covid threat, the Labor Department reported Friday. Nonfarm payrolls increased by just 210,000 for the month,...

AdminDec 3, 2021

Fundamental analysis of Forex market

Week Ahead – US Inflation to Fire Up Again, Watch Out Fed

Riskier assets have been under pressure ever since Omicron entered the equation, fearful that central banks cannot ride to the rescue this time because inflation is so hot already. This puts even more emphasis on the next edition of US...

AdminDec 3, 2021

Fundamental analysis of Forex market

US Labour Market Recovery Inched Forward in November

Payroll employment added 210k jobs in November, disappointing expectations Unemployment rate ticked lower to 4.2%, closer to rate pre-pandemic Inadequate labour supply adding pressure to wage growth Payroll employment rose by 210k in November in the US, disappointing consensus expectations...

AdminDec 3, 2021

Market overviews

CAD Surges on Strong Job Data, USD Mixed after NFP Miss

Canadian Dollar rises strongly entering into US session, as boosted by much stronger than expected job data. On the other hand, Dollar is struggling to react to mixed non-farm payroll data. As for today, the Loonie is the strongest one,...

AdminDec 3, 2021

Technical analysis of Forex market

GOLD Remains In Pattern

On Thursday, the yellow metal’s price booked a new low level by testing the lower trend line of a descending channel down pattern near 1,765.00. The event was followed up by a surge up to the 50-hour simple moving average...

AdminDec 3, 2021

Technical analysis of Forex market

GBP/USD Passes Support Levels

At mid-day on Friday, the GBP/USD currency exchange rate pierced the support of the weekly S1 simple pivot point at 1.3264. The rate was pushed down initially on Thursday by the 200-hour SMA. On Friday, the 50-hour simple moving average...

AdminDec 3, 2021

Technical analysis of Forex market

EUR/USD Declines Below 1.1300

The EUR/USD declined below the support of the 50 and 100-hour simple moving averages and the 1.1300 level, on Thursday. By the middle of Friday” trading, the rate had found support in the weekly simple pivot point at 1.1282 and...

AdminDec 3, 2021

Technical analysis of Forex market

GBP/CAD Breakout Above 1.7050 Opens The Way To 1.7200

GBP/CAD technical analysis Bullish SHS spotted. Move up is expected. Breakout is possible. M H4 is the target. Left shoulder. Head. Right shoulder. Entry. Target. The GBP/CAD is bullish. The market is trying very hard to break the resistance 1.7050....

AdminDec 3, 2021

Technical analysis of Forex market

GER 40 Moves Sideways After Retreating From All-Time High

GER 40 stock index (cash) has been charging upwards since February, recently posting a new record high at 16,296. Although the index plunged after its rally ceased, it has adopted a more sideways pattern in the last few sessions. The...

AdminDec 3, 2021

Technical analysis of Forex market

EUR/USD Outlook: A Key Bearish Trend Line Is Forming With Resistance Near 1.1325

The Euro struggled to clear the 1.1350 resistance zone against the US Dollar. The EUR/USD pair is slowly moving lower and is trading below the 1.1320 level. There was also a break below the 1.1300 zone and a close below...

AdminDec 3, 2021

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Month: December 2021

Job growth disappoints in November, with a gain of just 210,000, despite high hopes

Week Ahead – US Inflation to Fire Up Again, Watch Out Fed

US Labour Market Recovery Inched Forward in November

CAD Surges on Strong Job Data, USD Mixed after NFP Miss

GOLD Remains In Pattern

GBP/USD Passes Support Levels

EUR/USD Declines Below 1.1300

GBP/CAD Breakout Above 1.7050 Opens The Way To 1.7200

GER 40 Moves Sideways After Retreating From All-Time High

EUR/USD Outlook: A Key Bearish Trend Line Is Forming With Resistance Near 1.1325

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Month: December 2021

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