Costco, Nike and FedEx are warning there’s more inflation set to hit consumers as holidays approach
A worker wearing a protective mask removes rotisserie chicken from skewers inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images Shipping bottlenecks that have led to rising freight...
Energy Crisis: Oil Surge Causes Petrol Panic at Pump
Oil’s continued increase has combined with supply issues caused by the HGV driver shortage to fuel petrol spikes and stoke winter energy crisis fears. Here’s the latest, as well as a technical look at Brent. Energy crisis concerns are escalating...
Forward Guidance: Spending on Services to Support Growth Despite Supply Chain Challenges
All eyes will be on Canada’s GDP report next week—and more specifically, its ‘official’ July estimate. A preliminary report in August called for a surprising 0.4% decline in GDP in July, despite an easing of COVID restrictions in provincial economies....
NZDUSD Positive Impetus Fades as 100-MA Deters Gains
NZDUSD has dipped back down to the 200-period simple moving average (SMA) after the pair’s recent bounce around the 0.6986 level was capped by the 100-period SMA. The horizontal 100- and 200-period SMAs are promoting an overall trendless bias, while...
Oil Price Outlook: A Major Bullish Trend Line Forming with Support Mear $72.50
Crude oil price started a fresh increase above the $70.00 resistance against the US Dollar. The price remained well bid and it even surpassed the $71.50 level. There was a close above the $73.00 level and the 50 hourly simple...
Gold Bulls Need To Hold 1750
Gold bulls need to hold the 1750 level. If the price breaks higher, we should see a momentum up. It’s a very hard time for bulls. Gold went strongly down and the price is congesting around 1755. We should see a move...
NZD/JPY Bounces Off Support
The NZD/JPY currency pair bounced off the lower boundary of an ascending channel pattern at 76.35 on September 21. As a result, the New Zealand Dollar has surged by 173 pips or 2.26% against the Japanese Yen since this week’s...
CAD/CHF Bulls Could Prevail
The Canadian Dollar has surged by 115 pips or 1.60% against the Swiss Franc since this week’s trading sessions. The currency pair breached the 50– and 200– period SMAs on September 23. Technical indicators suggest selling signals on the 4H...
EUR/USD Analysis: Faces Resistance Zone
On Friday morning, the EUR/USD currency exchange declined, as it had bounced off the this week’s high zone that surrounds the 1.1750 level. In the case of the pair continuing to decline, it could find support in the 55 and...
GBP/USD Analysis: Is Pushed By 200-Hour SMA
On Friday, the GBP/USD currency exchange rate declined. The decline started on Thursday when the Bank of England caused surge ended at the 200-hour simple moving average at the 1.3750 level. If the rate continues to decline, it would most...
Signal2forex.com - Best Forex robots and signals




