Welcome to the Robotrader Blog! EURUSD Analysis: What’s Next for the Euro vs US Dollar? After completing the correction at 1.0577, EURUSD is forming a new descending structure to break. The Euro vs US Dollar pair has been highly volatile in recent weeks, with traders closely watching key levels for potential breakouts. What Does This…
Charmingly eccentric, full of personality, and designed for maximum reader engagement Japan’s 225 Stock Index Rejected Near Fibonacci Retracement The Japan’s 225 stock index (cash) recently experienced a rejection near the 50% Fibonacci retracement level of the 24,500 – 28,649 upleg at 26,576. This rejection occurred soon after departing from May’s high, causing a stir…
2022 Edition Adds Expanded Coverage of Operational Planning and Financial Consolidation STAMFORD, Conn., June 22, 2022 (GLOBE NEWSWIRE) — BPM Partners… In the latest announcement from BPM Partners, the 2022 edition includes expanded coverage of operational planning and financial consolidation. This update brings new features and capabilities to help businesses streamline their planning processes and…
USDJPY Continues to Rise: What’s Next? The Bank of Japan and Rising Inflation USDJPY keeps rising as the Bank of Japan seems unprepared to deal with rising inflation for the first time in over 30 years. The pair has been climbing steadily, but how high will it go before the bears make an appearance? Our…
USDCAD Elliott Wave Update – June 22nd, 2022 Is Crude Oil’s Plunge Breaking the Inverse Relationship? The USDCAD pair has been on a downward trend this week as crude oil prices took a sharp plunge. The usual inverse relationship between the two assets seems to be at play once again. However, the question remains whether…
Daily Pivots: (S1) 0.9634; (P) 0.9659; (R1) 0.9686; More… Intraday Bias in USD/CHF Remains Neutral The USD/CHF currency pair is currently trading with a neutral bias, with daily pivots at 0.9634 (Support 1), 0.9659 (Pivot), and 0.9686 (Resistance 1). The outlook for the pair remains unchanged, and another fall cannot be ruled out. Market analysts…
Understanding the ECB Vice-President’s Concerns Fragmentation in the Financial Sector ECB Vice-President Luis de Guindos expressed his concerns today over the fragmentation within the financial sector. This fragmentation refers to the divide or separation within the European banking system, creating challenges for monetary policy implementation and financial stability. Speeding Up the Process De Guindos mentioned…
NextPoint Financial Inc. Announces Cancellation of Stock Offering HURST, Texas, June 21, 2022 (GLOBE NEWSWIRE) — NextPoint Financial Inc. (TSX: NPF.U, NPF.WT.U) (“NextPoint” or, the “Company”) announces the cancellation of its planned stock offering. NextPoint Financial Inc. made a significant announcement today regarding the cancellation of its stock offering. This decision comes as a surprise…
