2021 | Forex robots store

US Q2 GDP Much Worse than Expected, But Really that Bad for Traders?

Gross Domestic Product (GDP) is an exciting number for headlines, as it shows how much growth was produced in a quarter (or year). However, for traders and investors, the print usually isn’t “tradable”, as it is a backwards looking economic...

AdminJul 29, 2021

Finance news

U.S. GDP rose 6.5% last quarter, well below expectations

The U.S. economy rose at a disappointing rate in the second quarter, the Commerce Department reported Thursday in a sign that the U.S. has escaped the shackles of the Covid-19 pandemic but still has more work to do. Gross domestic...

AdminJul 29, 2021

Technical analysis of Forex market

GBPAUD Fiercely Exits Range Area after a Year

GBPAUD knocked the wall around 1.8525 to fiercely exit the one-year-old range area and peak at a 14-month high of 1.8924 on Wednesday. Having snapped the 38.2% Fibonacci retracement of the 2020 massive sell-off (2.0845 – 1.7413), the pair could...

AdminJul 29, 2021

Fundamental analysis of Forex market

US: Robust Consumer Spending Drives GDP growth in Q2

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...

AdminJul 29, 2021

Market overviews

Dollar Drops Further after GDP and Job Misses, Gold Surges

Dollar’s decline continues and accelerates a little in early US session after weak economic data. Gold is also accelerating upwards, in tandem with the greenback’s movements. Yen is following as second worst for now, following recovery in European stocks and...

AdminJul 29, 2021

Finance news

Stocks making the biggest moves premarket: Comcast, Merck, Tempur Sealy, Yum and others

Check out the companies making headlines before the bell: Comcast (CMCSA) – Comcast rose 1.9% in the premarket after reporting adjusted quarterly earnings of 84 cents per share, beating the consensus estimate of 67 cents. The NBCUniversal parent also reported...

AdminJul 29, 2021

Technical analysis of Forex market

EUR/USD Outlook: Strong German Data And Fed Inflated Euro But Gains Are Unlikely To Last Longer

The Euro extends recovery on Thursday, as better than expected German labor and inflation data added to positive near-term sentiment. The single currency was also supported by weaker dollar, driven by dovish Fed and month-end selling. Although the fundamentals are...

AdminJul 29, 2021

Technical analysis of Forex market

AUDJPY Still Bearish

Technical analysis The AUDJPY pair is bearish and is close to stage a major technical breakout under its lower daily Bollinger Band. The Bollinger Bands are also slopping downwards, which is bearish. The daily time frame shows that significant amounts...

AdminJul 29, 2021

Market overviews

Dollar Falls Broadly after Fed, Q2 GDP Next

Dollar drops broadly overnight and stays weak, even though Fed acknowledged that progress has already been made in the economy. Uncertainty in the risk markets is keeping Aussie soft too. But Canadian Dollar is apparently rebounding with resilience in oil...

AdminJul 29, 2021

Fundamental analysis of Forex market

RBA Back In The Same Boat As The FOMC, Despite Higher Inflation

Australia inflation increased to 0.8% QoQ in Q2 from 0.6% in Q1. However, the continued persistence of the Delta variant in Australia remains a worry. Although Melbourne has just come out of a 5 Day lockdown, Sydney remains in lockdown...

AdminJul 29, 2021

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Jan Rejnek

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Liudmila

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Year: 2021

US Q2 GDP Much Worse than Expected, But Really that Bad for Traders?

U.S. GDP rose 6.5% last quarter, well below expectations

GBPAUD Fiercely Exits Range Area after a Year

US: Robust Consumer Spending Drives GDP growth in Q2

Dollar Drops Further after GDP and Job Misses, Gold Surges

Stocks making the biggest moves premarket: Comcast, Merck, Tempur Sealy, Yum and others

EUR/USD Outlook: Strong German Data And Fed Inflated Euro But Gains Are Unlikely To Last Longer

AUDJPY Still Bearish

Dollar Falls Broadly after Fed, Q2 GDP Next

RBA Back In The Same Boat As The FOMC, Despite Higher Inflation

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Year: 2021

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