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Forex Analysis

Forex Analysis:::2020-10-30

EUR/USD: The world's leading economies have clearly lost their bullish momentum in the 4th quarter, thereby putting pressure on risky assets. Expect a sharp decline in the European currency.

The recent statements from the European Central Bank hints of possible policy changes in December. To add to that, the EU economy has a high chance of showing greater growth...

#Fundamental analysis #EUR #USD #EURUSD

Forex Analysis:::2020-10-30

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on October 30

Analysis of transactions in the EUR / USD pair The euro collapsed in the market yesterday after the ECB hinted of a possible softer monetary policy in December...

#Forecast #EUR #GBP #USD #EURUSD #GBPUSD #For beginners

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...

#Fundamental analysis #EUR #GBP #USD #EURUSD #GBPUSD

Forex Analysis:::2020-10-29

EUR/USD: A soft policy will intensify the pressure on the European currency.

The dollar climbed up in the market yesterday amid a high likelihood of lockdowns in many European states. This puts very serious pressure on investors, who until recently were betting...

#Fundamental analysis #EUR #USD #EURUSD #COVID-19

Forex Analysis:::2020-10-29

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on October 29

Analysis of transactions in the EUR / USD pair The bears got ahold of the market yesterday, as a result of which the euro moved 45 pips down from...

#Forecast #EUR #GBP #USD #EURUSD #GBPUSD #For beginners

Forex Analysis:::2020-10-28

EUR/USD: Demand for the dollar rises as Trump postpones new economic aid program.

The dollar climbed up in the market yesterday, after Donald Trump announced his decision to postpone negotiations on the new economic aid package. To add to that, the persistent rise...

#Fundamental analysis #EUR #USD #EURUSD #COVID-19

Forex Analysis:::2020-10-28

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on October 28

Analysis of transactions in the EUR / USD pair Yesterday was not the best day for traders of the European currency, as the deals only brought losses, and the pair...

#Forecast #EUR #GBP #USD #EURUSD #GBPUSD #For beginners

Forex Analysis:::2020-10-27

EUR/USD: Europe's GDP will contract this 4th quarter. Yen is in demand again as investors are running away from risks amid another wave of COVID-19.

Demand for risky assets are gradually becoming low due to the expected deeper contraction of the Euro area's GDP in the 4th quarter, weak indicators on German confidence and economic...

#Fundamental analysis #EUR #USD #EURUSD #COVID-19

Forex Analysis:::2020-10-27

Analysis and trading recommendations for the EUR/USD and GBP/USD pairs on October 27

The market drew a sell signal in the euro yesterday, however, the downward movement only amounted 15-20 pips. Nevertheless, demand for the currency remains low, mainly due to the continued...

#Forecast #EUR #GBP #USD #EURUSD #GBPUSD #For beginners

Forex Analysis:::2020-10-26

EURUSD: euro is under pressure amid Germany's weak economic data

In the first half of the day, investors' attention was devoted to the German business sentiment report. Market players expected a decline in the business climate index. However, the final...

#Fundamental analysis #EUR #GBP #EURUSD

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