Technical analysis of Forex market | Forex robots store

Strong February NFP Report, However, Wages Slip

The Nonfarm payroll report showed that the US added 678,000 jobs to the economy in February. This was versus an expectation of +400,000 and a higher revision to the January print to +481,000. In addition, the Unemployment Rate fell to...

AdminMar 4, 2022

Technical analysis of Forex market

EUR/USD Outlook: The Euro Could Collapse after Break of Key Supports at 1.1000/40

The Euro fell below 1.10 on Friday, dragged by fresh fall in stock markets on increased risk aversion, as fears over the war in Ukraine rise after the Russian forces seized the biggest nuclear plant in the Europe and growing...

AdminMar 4, 2022

Technical analysis of Forex market

Oil Price Moved into a Positive Zone above $105 Resistance

Crude oil price started a fresh increase above the $100.00 resistance against the US Dollar. The price even accelerated higher above the $105 resistance to move into a positive zone. It traded as high as $114.52 before correcting lower. The...

AdminMar 4, 2022

Technical analysis of Forex market

USD/JPY Eyes Higher as US Yields Find Support: Elliott Wave Analysis

Stocks are holding support after Fed’s Powell’s encouraging statements on monetary policy tightening, but crude oil keeps moving higher based on the situation in Ukraine. With recent jump on stocks we also see JPY crosses moving higher, in line with...

AdminMar 3, 2022

Technical analysis of Forex market

EUR/USD Slides to a New Low: Elliott Wave Analysis

US stocks were stable yesterday while equities in Europe came down as the situation in Ukraine is not better. However, negotiations between Russia and Ukraine will reportedly still take place soon. So there can be some hope for price stabilization....

AdminMar 2, 2022

Technical analysis of Forex market

Oil Back Above $100 as Russia/Ukraine Tensions Heat Up

Rumors of a large convoy of military trucks and armored vehicles heading toward the capital of Kyiv are driving oil prices higher. WTI Crude Oil traded as high as 101.50 today thus far as Russia continues to be on the...

AdminMar 1, 2022

Technical analysis of Forex market

WTI Futures Shows Improvement Near 99.00

WTI crude oil futures are posting notable gains around the 99.00 mark, remaining well above the short-term simple moving averages (SMAs) and the uptrend line. The MACD continues to strengthen to the upside and above its red signal line while...

AdminMar 1, 2022

Technical analysis of Forex market

AUDUSD Rally Eyes Longer-Term Descending Trend Lines

AUDUSD is testing the 0.7283-0.7293 resistance barrier after extending yesterday’s intense rally, which filled a recorded gap in the pair and reinstated the one-month bullish mood that began from the 18½-month low of 0.6967. The rising 50- and 100-period simple...

AdminMar 1, 2022

Technical analysis of Forex market

EURUSD is Plunging

On Monday 28 February, the major currency pair is falling and trading at 1.1169. Market players are now interested in the “safe” USD as it often happens during global market fluctuations. Investors are not so focused on statistics as before...

AdminFeb 28, 2022

Technical analysis of Forex market

EUR/USD Holding Up Well Despite Ukraine Conflict

If there were ever an opportunity for the euro to reach parity with the US dollar, it would have been now. But EUR/USD has held up better than most would have expected given the severity of the Ukraine conflict. Granted,...

AdminFeb 28, 2022

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Category: Technical analysis of Forex market

Strong February NFP Report, However, Wages Slip

EUR/USD Outlook: The Euro Could Collapse after Break of Key Supports at 1.1000/40

Oil Price Moved into a Positive Zone above $105 Resistance

USD/JPY Eyes Higher as US Yields Find Support: Elliott Wave Analysis

EUR/USD Slides to a New Low: Elliott Wave Analysis

Oil Back Above $100 as Russia/Ukraine Tensions Heat Up

WTI Futures Shows Improvement Near 99.00

AUDUSD Rally Eyes Longer-Term Descending Trend Lines

EURUSD is Plunging

EUR/USD Holding Up Well Despite Ukraine Conflict

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