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Forex Analysis:::2020-10-29
Analytics and trading signals for beginners. How to trade EUR/USD on October 30? Plan for opening and closing trades on Friday
Hourly chart of the EUR/USD pair After a very slight correction, the EUR/USD pair went back to moving down on Thursday, October 29. A sell signal from MACD was generated...
Forex Analysis:::2020-10-29
GBP/USD: plan for the American session on October 29 (analysis of morning deals)
In the first half of the day, several signals were formed to enter the market, however, not all of them brought profit. Amid the lack of news on Brexit, many...
Forex Analysis:::2020-10-29
October 29, 2020 : GBP/USD Intraday technical analysis and trade recommendations.
The price zone of 1.3100-1.3150 (the depicted channel upper limit) remains an Intraday Key-Zone to determine the next destination of the GBPUSD Pair. Bullish Persistence above the mentioned price zone...
Forex Analysis:::2020-10-29
Gold price in bearish trend
Gold price got another rejection at $1,920-30 area and is now breaking lower below short-term support of $1,900. Next key support is at $1,850 and next is at $1,805 where...
Forex Analysis:::2020-10-29
EUR/USD and GBP/USD: ECB stands pat on monetary policy, delaying crucial decisions until December. GBP weighed down by Brexit uncertainty, COVID-19, and risks of imposing negative interest rates
Today the ECB stood pat on all settings of its monetary policy. The pound sterling is trading under pressure of Brexit uncertainty, COVID-19, and risks of imposing negative interest rates...
Forex Analysis:::2020-10-29
October 29, 2020 : EUR/USD daily technical review and trade recommendations.
The Recent Upside breakout above 1.1780 allowed the price levels around 1.1880-1.1900 to be tested where significant bearish pressure and a reversal Head & Shoulders pattern were demonstrated. Recently...
Forex Analysis:::2020-10-29
Ichimoku cloud indicator Daily analysis of EURUSD
EURUSD is in neutral trend according to the Ichimoku cloud indicator. However the Cloud indicator has warned us with several signals so far of the vulnerability of EURUSD. With price...
Analysis News:::2020-10-29
European indices rose on corporate news
European stocks rose on Thursday, recovering from sharp losses on Wednesday. This was facilitated by some positive corporate news on the eve of the last meeting of the European Central...
Forex Analysis:::2020-10-29
October 29, 2020 : EUR/USD Intraday technical analysis and trade recommendations.
Intraday Trend-Traders could have considered the recent bearish H4 candlestick closure below 1.1770 as a valid short-term SELL Signal with a potential bearish target located around 1.1700 and 1.1630...
Forex Analysis:::2020-10-29
Evening review of EURUSD on October 29, 2020
Strong US data: The US GDP for the third quarter gains 33% after falling 30% in the second quarter. The GDP deflator also went up at 3.8%. The country's long-term...
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