EUR/GBP: a short-term idea
EUR/GBP formed a candlestick with a long lower wick on the MN chart – a sign of reversal to the upside…
Tag - eur
Central banks: no power to fight the recession?
What if the market uncertainties prevail and the risks of the recession renew? The central banks should have more opportunities to stimulate the economy. However, low rates for most of the central banks and negative for some of them mean the banks are at the edge.
Main currency pairs: closing the week
NFP is awaited at the Forex market today. Before it comes, what is the setting across the major currencies?
Brexit: preparations have started
Today, the UK parliament starts the debate on Boris Johnson's Brexit paper. What are the likely consequences for the GBP?
Trading plan for January 7
American trade balance and ISM Non-Manufacturing PMI may affect the US dollar. As a result, major pairs may change their direction.
EUR/USD: short-term trade idea
On the H1, you can see that EUR/USD formed an inverted “Head and Shoulders” pattern.
Important events this week will bring us
This week will be shaped by the American NFP release in line with other indicators, all set between the US-China trade deal expectation and the US-Iran conflict escalation.
Another challenge for the EUR
The Business Climate Indicator will be announced at 12:00 MT on January 8.
The first month of the year: where markets are heading?
The 2020 year has started and the direction of the markets is unclear especially due to the US-Iran tensions. Take a fast look at the major events that will determine markets’ direction in January 2020.
Trading plan for January 2
The US dollar has been trying to recover after the suffering in the last days of 2019.
Where will EUR/USD head to?
What are the forecasts for EUR/USD in 2020 by major banks?
Trading plan for December 30
Coming to the year-end, the USD is the weakest among the majors. The USD's slip may prolong in 2020. Get clues on the risks for the USD and check the direction of EUR/USD, GBP/USD, USD/JPY, USD/CHF, and XAU/USD.
