December, 2021 | Forex robots store

Will GDP Lift The Loonie?

The Canadian dollar is trading quietly ahead of the release of Canada’s GDP for October later today. The loonie took advantage of broad US weakness on Wednesday, posting gains of 0.53%, its best daily showing since December 7th. Canada GDP...

AdminDec 23, 2021

Fundamental analysis of Forex market

Concerns About Omicron’s Severity Continue To Ease

ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward. Contact...

AdminDec 23, 2021

Technical analysis of Forex market

USD/CAD Plummets Due To Fundamentals

During Wednesday’s afternoon, US Final GDP, Consumer Confidence and Building Starts data showed contradicting information, which was represented by a wide hourly candle. The rate bounced between the borders of the minor scale channel down pattern until the pattern’s support...

AdminDec 23, 2021

Technical analysis of Forex market

GBP/JPY Books New High

By the middle of Thursday’s trading, the GBP/JPY had reached above the 153.20 level. During its surge, the rate was slowed down by the 151.50 level, the weekly R1 simple pivot point at 152.23 and the previous December high level...

AdminDec 23, 2021

Technical analysis of Forex market

AUD/USD Breaks December High Level

On Thursday morning, the Australian Dollar succeeded against the US Dollar in its second attempt to book a new December high level. Previously, the 0.7222 level held and caused a retracement down to the 0.7200 level and the weekly R1...

AdminDec 23, 2021

Technical analysis of Forex market

EUR/JPY Extends Its Surge To 129.50

On Wednesday, the EUR/JPY currency exchange rate passed the resistance of the 129.00 mark and the technical levels that were strengthening it. Afterwards, the 129.00 level was confirmed as support and the pair almost immediately reached the 129.50 level. By...

AdminDec 23, 2021

Fundamental analysis of Forex market

Stocks Extend Gains As Omicron Studies Spread Some Festive Cheer

Relief rally set to continue for another day as trading volumes thin out Sluggish euro and yen keep dollar afloat as riskier currencies make further advances Will US data spoil the fun before the long holiday weekend? Markets shrug off...

AdminDec 23, 2021

Technical analysis of Forex market

AUDUSD Fights Back And Climbs Above 0.72 Mark

AUDUSD is tackling the 0.7225 barrier as upside efforts persist after the recent bounce of the pair within the 0.6963-0.7020 critical support base, which is defending the broader positive structure. Despite the latest price improvements, the falling simple moving averages...

AdminDec 23, 2021

Fundamental analysis of Forex market

World Stock Indices Grow Despite The Omicron Disease Rise

Yesterday, by the close of the stock exchange, the S&P 500 (US500) increased by 1.0%, the Dow Jones Industrial Average (US30) gained 0.7%, and the Nasdaq (US100) added 1.2%. Positive statistical data provided significant support to the market. The US...

AdminDec 23, 2021

Technical analysis of Forex market

As The Vol Episode Of December Subsides A Better Prognosis Emerges For The NZDUSD

This week, a sense of calm has returned, supported by another round of research that shows the Omicron variant is less likely to require hospital treatment than the Delta variant. Along with economic data released overnight that showed the Omicron...

AdminDec 23, 2021

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Month: December 2021

Will GDP Lift The Loonie?

Concerns About Omicron’s Severity Continue To Ease

USD/CAD Plummets Due To Fundamentals

GBP/JPY Books New High

AUD/USD Breaks December High Level

EUR/JPY Extends Its Surge To 129.50

Stocks Extend Gains As Omicron Studies Spread Some Festive Cheer

AUDUSD Fights Back And Climbs Above 0.72 Mark

World Stock Indices Grow Despite The Omicron Disease Rise

As The Vol Episode Of December Subsides A Better Prognosis Emerges For The NZDUSD

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Month: December 2021

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