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EUR/USD
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Markets Week Ahead: S&P 500, US Dollar, Yen, NZD, RBNZ, Powell Testifies
2020-09-20 16:00:00
Euro Forecast: EUR/USD Outlook Turns More Bearish After Failure at 1.20
2020-09-19 23:00:00
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Markets Week Ahead: S&P 500, US Dollar, Yen, NZD, RBNZ, Powell Testifies
2020-09-20 16:00:00
Crude Oil Prices Vulnerable Amid Fading Demand, Oversupply Concerns
2020-09-20 03:00:00
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Markets Week Ahead: S&P 500, US Dollar, Yen, NZD, RBNZ, Powell Testifies
2020-09-20 16:00:00
Dow Jones Tries to Turn Green on Upbeat Consumer Sentiment Data
2020-09-18 14:25:00
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XAU/USD Forecast: Gold Price Aims Higher as Pressure Builds
2020-09-19 16:00:00
EUR/JPY, AUD/JPY, USD/CAD, Gold – Charts for Next Week
2020-09-18 12:00:00
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2020-09-18 16:00:00
British Pound (GBP) Latest: Brexit Trade Talk, New Lockdowns and UK Retail Sales Data
2020-09-18 08:00:00
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Markets Week Ahead: S&P 500, US Dollar, Yen, NZD, RBNZ, Powell Testifies
2020-09-20 16:00:00
Japanese Yen Exhibits Bullish Behavior as BoJ Braces for Negative CPI
2020-09-19 13:00:00
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  • The outlook for the $EURUSD pair has worsened after its failure to move back to the high just above 1.20 touched on September 1 despite the #ECB’s decision earlier this month not to talk down the Euro. Get your #currencies update from @MartinSEssex here: https://t.co/kDCHxHgGlU https://t.co/Li4jHqaNdC
  • #USDollar Outlook Bearish on Mnuchin & Powell Testimonies, Key US Data ⬇️ https://www.dailyfx.com/forex/fundamental/forecast/weekly/usd/2020/09/20/US-Dollar-Outlook-Bearish-on-Mnuchin-Powell-Testimonies-Key-US-Data.html
  • The London trading session accounts for around 35% of total average forex turnover*, the largest amount relative to its peers. The London forex session overlaps with the New York session. Learn about trading the London forex session here: https://t.co/UTWxbnNz7M https://t.co/fuWSUDE1pT
  • The Federal Reserve System (the Fed) was founded in 1913 by the United States Congress. The Fed’s actions and policies have a major impact on currency value, affecting many trades involving the US Dollar. Learn more about the Fed here: https://t.co/ADSC4sIHrP https://t.co/eRTdlhAOFN
  • The Japanese #Yen may continue to exhibit a bullish behavior as the Bank of Japan (BoJ) appears to be in no rush to alter the path for monetary policy. Get your #currencies update from @DavidJSong here: https://t.co/HFjc6KGzRw
  • The New Zealand Dollar appears poised to extend its climb against its haven-associated counterparts as long-term trend break hints at cyclical upturn. Get your $NZDUSD market update from @DanielGMoss here: https://t.co/CPxP1Q8B6d https://t.co/n2wESiqnpJ
  • The US Dollar may rise against ASEAN currencies like the Singapore Dollar if local retail sales and sentiment data disappoints. USD/IDR may fall on the Bank of Indonesia. Get your market update from @ddubrovskyFX here:https://t.co/HpH8pXFdLl https://t.co/laHmaZXpJe
  • The US Dollar may rise against the Singapore Dollar and Philippine Peso. USD/MYR’s downtrend holds, but a bullish pattern brews. USD/IDR seems stuck between key technical levels.Get youe #ASEAN currencies market update from @ddubrovskyFX here:https://t.co/TF6DRVp6kX https://t.co/WEtxkdSwxD
  • There are three major forex trading sessions which comprise the 24-hour market: the London session, the US session and the Asian session. Learn about the characteristics of each session here: https://t.co/UVvf51HiVP https://t.co/4wlRjBTCzK
  • The #Dollar has bottoming potential, but that is starting to lose weight as it fails to sustain any lift; next week could be a big one for #USD’s near-term outlook. Get your #currencies update from @PaulRobinsonFX here: https://t.co/IifHjik7gM https://t.co/R9b4jdTPnO
Currency Pairs are either Trending or Ranging

Currency Pairs are either Trending or Ranging

2010-11-30 20:38:00
Richard Krivo, Trading Instructor
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Student’s Question:I have heard that currency pairs are either ranging or trending. How does that look on a chart? Thanks.Instructor’s Response:Good question…After a currency pair has a trending move, it will generally “bounce around” testing a support level after a down trend or testing a resistance level after an uptrend. If the level in question holds, the price action can then begin a trending move in the opposite direction.Take a look at the historical chart of the USDCHF below…Initially we see the downtrend and we notice that it come to a halt at around the 1.1875 support level on this chart. It trades in range of about a 100 pips, tests support again and then begins a bullish trend to the upside.

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