Nov 09 2020 at 05:23
Trying to keep my mind at one place, need your suggestions on technical analysis of these currency pairs?
Nov 09 2020 at 05:45
EUR is definitely falling down due to COVID’s 2nd hit, seems all the major countries will shut down again.
^ same here, it will fall down for sometimes.
Nov 09 2020 at 07:53
Still scary to see it breaking down in last week’s trading session.
My only suspicion lies in the appreciation of USD till the elections are over where it squared the EUR positions. Plus the EU locking things down.
Nov 09 2020 at 13:25
I think US election results may leave the financial market in turmoil for some time.
Nov 10 2020 at 00:43
I think the USD could be strong based on the results of the US election.
Nov 10 2020 at 04:33
British Pound seems to slice through. Initial hours of the trading session had pulled the major selloffs of dollar in general which is equaling the goodwill of GBP. Only looks like for short term and that too due to Brexit being the major driver.
In my yesterday’s session (with Oanda and Fxview in parallel), I feel buying the dips had worked, though I don’t prefer doing it usually.
In my yesterday’s session (with Oanda and Fxview in parallel), I feel buying the dips had worked, though I don’t prefer doing it usually.
With ECB planning to ease the monetary policy further due to Covid, it will complicate the situation for the Euro.
Nov 10 2020 at 12:05
With bearish Euro and bullish dollar, I can just see the outlook very jaded, especially if the support value of 1.16 breaks. I have closed all my open positions with this pair, except the one which is a small amount with fxview, just in case my theories take a hit for the good. But really, as per all my calculations and news updates on bloomberg, Ig, i don’t see that happening.
