Tag - usd

October 28: USD/JPY dropped to one-month low
October 28: USD/JPY dropped to one-month low

What else will 2020 bring us? Europe has become the new Covid-19 epicenter. Tropical storm Zeta forced US Gulf producers to shut oil production. Let's discuss together how the Forex market reacts!

October 27: hunting for price moves
October 27: hunting for price moves

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!

US Dollar Strengthens
US Dollar Strengthens

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.

Brexit deadline is set on Halloween
Brexit deadline is set on Halloween

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.

Risk Off Returns Strong
Risk Off Returns Strong

Gold moves to the 23.6% retracement level. It seems that gold loses strength under the current risk-off mood.

EUR/USD enters a consolidation period
EUR/USD enters a consolidation period

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.

USD/CAD: sell in the downtrend
USD/CAD: sell in the downtrend

USD/CAD remains within a downtrend. As a result, selling the pair as it turns down from resistance is the best strategy. Support lies at 1.3125.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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