EUR/USD and GBP/USD went down…
Tag - usd
Do you know what will shake markets in the upcoming days?
Pay attention to the currency pair USD/ZAR. It has been consolidating between 15.10 and 15.50 since the start of August.
The United States and China announced new tariffs, the EUR is trying to stabilize after the Friday's selloff, while the AUD is awaiting the RBA meeting…
Traders sell EUR/USD and AUD/USD and await the news from Europe, the United States, and Canada.
Technical analysis of EURUSD
USD/MXN had a very bullish August. The pair is currently testing the resistance line connecting the highs of 2017 and 2018 at 20.12.
The market's mood is sour as investors have lost hope of the reconciliation between the United States and China and Brexit risks mounted. Learn more!
XAU/USD has broken above the 50% Fibo of the 2011-2015 decline at 1,480 and the previous August high at 1,535.
The trade war, the key political day in Italy, the Brexit news, and how to trade them.
Yesterday GBP/USD found the support of the weekly pivot point at 1.2213. As long as the pair remains above this point, it has a chance to test higher levels.
There's some optimism about the potential trade deal between America and China, but traders are still cautious. All in all, there are some interesting trade setups. Watch the video to learn more!