EUR/USD Technical Analysis
The dollar weakens.
Among the significant events of today, we expect the release of data regarding the US labor market. The data currently released from the EU did not show the best performance.
Despite this, the momentum of the pair received an upward boost and at the moment it has overcome the level of 1.1440.
More information see here
https://superforex.com/analytics/eur...0119/?x=FORUMS
https://superforex.com/additionalima...s-080119-0.jpg
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NZD/USD: Review & Forecast
The NZD doesn't have enough support for strengthening. The deals to SELL seem to be the most effective at the moment.
The rates continue within the downtrend in favor of the USD. The New Zealand dollar continues to be under pressure due to the economic downturn in New Zealand and the trade conflict between China and the USA, which affected the NZD most as a commodity currency.
More information see here
Attachment 34022
EUR/USD Technical Analysis
We are looking for entry points.
During yesterday's trading session the pair managed to gain over 100 pips and exceeded the 1.1540 level.
During the negotiations between the US and China the market was optimistic and American indices grew, while the dollar showed a decline. The dollar index fell below the 95.00 mark.
More information see here
https://superforex.com/additionalima...s-100119-0.jpg
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EUR/USD Technical Analysis & Daily Chart
The pair is in a tough spot, but today we can place buy orders.
Today we would take a look at the EUR/USD currency pair. The pair recently went through a brief recovery period, before turning bearish once more.
The euro is still having a hard time rallying. Last week it managed to push the EUR/USD pair up to 1.15 but then it began retreating again due to disappointing fundamentals from the eurozone.
More information see here
Attachment 34059
GBP/USD Technical Analysis
The pair is in a correction.
The dollar index in today's trading session scored over 20 basis points and the pair has began entering a correction.
Moreover, a new vote on Brexit puts pressure on our pair. The current British Prime Minister Theresa May might resign if her deal fails and this gives a negative push for the pound.
More information see here
https://superforex.com/additionalima...s-150119-0.jpg
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EUR/AUD: Fundamental Review & Forecast
The price correction is going to be over and the deals on the trend seem the most effective.
The quotes continue within the upward trend in favor of the euro. Both currencies were under pressure last year: the euro due to economic slowdown and political problems, the AUD due to the pressure of the US-China trade conflict and the economic downturn. Overall, today it is difficult to find a country that would demonstrate strong economic growth.
More information see here
Attachment 34070
GBP/USD Technical Analysis
The pair rises.
After a no-confidence voting yesterday, Theresa May was able to remain in her current position and continued negotiations with rival parties on the Brexit treaty. As a result, the British pound was able to strengthen.
More information see here
https://superforex.com/analytics/gbp...0119/?x=FORUMS
https://superforex.com/additionalima...s-170119-0.jpg
1 Attachment(s)
EUR/USD Technical Analysis & Daily Chart
The pair remains bearish, so a strong sell is recommended.
Today we would take a look at the EUR/USD currency pair. The pair was falling gradually all throughout last week.
The overall sentiment in Europe right now is not positive. Politically, the bloc is currently experiencing several tremors - the ongoing issue of Brexit is one, the yellow vest protests in France, as well as the EU-skeptic government in Italy, are just a few of the reasons why investors are turning their attention away from the EU.
More information see here
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