EUR/USD is trading below 1.1750. Any further downside pressure will push prices down to 1.1730 and even lower to 1.1700.
Tag - gbp
The topics which move the Forex market are the same, but the technical levels have changed. Watch the video to get trade ideas for the main currency pairs!
Surging coronavirus cases and a stalemate in Washington over the next fiscal aid bill darkened the economic outlook in the run up to Nov. 3 presidential elections.
GBP/USD has bounced off the key support of 1.30 and turned to the upside. The pound is widely anticipated to rally further amid rising hopes for the end of Brexit talks this weekend on Halloween.
Gold moves to the 23.6% retracement level. It seems that gold loses strength under the current risk-off mood.
Let's discuss latest movements on Forex! We will analyze EUR/USD, gold, GBP/USD and S&P 500!
GBP/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Global stocks barely budged on Friday as investors tightened positions with less than two weeks to go before the U.S. presidential election and awaited a breakthrough in stimulus talks in Washington.
The market is extremely active these days! The USD tested 7-week lows on Wednesday, what awaits it on Thursday? Watch the video to find out!
Differences continue to narrow in US stimulus talks but more work needs to be done. Pelosi and Mnuchin will speak again today, according to her aide.
The GBP made strong moves against the US dollar and the EUR lately. What's the tactical outlook?
Brexit goes hard, Trump is pretty sure he will win, the market is floating; EUR is the only clear voice.