January, 2022 | Forex robots store

XAG/USD Tests Major Resistance

Silver extends its recovery on the back of a weak US dollar. The metal saw support at the psychological level of 22.00. A break above the resistance at 22.80 and then an acceleration to the upside indicates strong buying interest....

AdminJan 14, 2022

Market overviews

Yen Rebounding on Weaker Risk Sentiment, Dollar Still Very Weak

Yen trades broadly higher in Asian session, following broad based weakness in the stock markets. Nevertheless, mild risk-off sentiment is providing no support to Dollar, nor the hawkish comments from Fed officials. Dollar remains the worst performing one for the...

AdminJan 14, 2022

Technical analysis of Forex market

USD/JPY Starts Fresh Decrease, Key Support at 113.20

Key Highlights USD/JPY started a fresh decline from well above 116.00. It broke a major bullish trend line with support near 115.60 on the 4-hours chart. EUR/USD surged above 1.1400, and GBP/USD rallied above the 1.3700. The US Initial Jobless...

AdminJan 14, 2022

Market overviews

No End in Sight For Dollar’s Fall Despite Hawkish Fedspeaks

Dollar remains overwhelmingly the worst performer today, as selloff extends. There is little support from hawkish Fedspeaks, with some officials expressing openness to four rate hikes this year. Commodity currencies continue to be the biggest winners, as supported by resilient...

AdminJan 13, 2022

Finance news

Stock futures nudge higher after a 3-day winning streak for Nasdaq

U.S. stock futures were slightly positive during early trading on Thursday after the Nasdaq Composite rose for the third session despite a red-hot consumer price index report. Dow futures were up 49 points. S&P 500 futures rose 3 points, and...

AdminJan 13, 2022

Market overviews

Dollar Extending Selloff, Aussie Leads Commodity Currencies Higher

Dollar’s post CPI selloff continues today and remains generally weak. For now, Swiss Franc is the second worst performer for the week, followed by Euro. Commodity currencies are the strongest, with Aussie overtaking Canadian. Sterling is mixed for now. Other...

AdminJan 13, 2022

Finance news

Fear of even higher mortgage rates may be heating up winter homebuying

Mortgage rates have moved to their highest level in more than a year, and that may have potential homebuyers nervous that their affordability window is closing faster than expected. Home prices are still gaining, and winter is historically the slowest...

AdminJan 13, 2022

Finance news

Inflation rises 7% over the past year, highest since 1982

Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday. The consumer price index, a metric that measures costs across dozens of items, increased 7%,...

AdminJan 13, 2022

Market overviews

Dollar Tumbles Broadly as CPI Matched Expectations, Risk Cleared

Dollar tumbles broadly in early US session even though consumer inflation data hit multi-decade highs. The move could be seen as a result of clearing the risk of even worse inflation reading that could force Fed’s hand. For now, Canadian...

AdminJan 12, 2022

Market overviews

JPY Lower as Risk-On Sentiment Returns, CAD Follows Oil Up

Overall, Fed Chair Jerome Powell’s renomination hearings seemed to be well received by the markets. US stocks closed broadly higher overnight, followed by rallies in Asian indexes. Yen and Dollar are both under some selling pressure today. On the other...

AdminJan 12, 2022

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Liudmila

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Month: January 2022

XAG/USD Tests Major Resistance

Yen Rebounding on Weaker Risk Sentiment, Dollar Still Very Weak

USD/JPY Starts Fresh Decrease, Key Support at 113.20

No End in Sight For Dollar’s Fall Despite Hawkish Fedspeaks

Stock futures nudge higher after a 3-day winning streak for Nasdaq

Dollar Extending Selloff, Aussie Leads Commodity Currencies Higher

Fear of even higher mortgage rates may be heating up winter homebuying

Inflation rises 7% over the past year, highest since 1982

Dollar Tumbles Broadly as CPI Matched Expectations, Risk Cleared

JPY Lower as Risk-On Sentiment Returns, CAD Follows Oil Up

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Month: January 2022

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