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.
Daily Market Analysis
The USD is trading at its 7-week low, and it looks like it will continue falling further. Why?
Is Donald Trump better than Joe Biden for the stock market or not? And for Forex? Read the article, and you will know.
The US-Chinese relationship has been tense amid Trump’s governance, but if Biden wins, the situation may change. Let’s find out what it means for the Chinese yuan.
One US dollar buys almost eights Turkish liras now. May it be sixteen in another couple of years? Check the article to see why that is a possibility.
XAU/USD is edging higher, but may meet soon the strong resistance. What is the forecast?
The euro has started the week on a positive footing, surging to the key resistance of 1.1800.
Earnings reports will show how companies have performed during the third quarter…
The OPEC's JMMC meeting is today. The US Election is in two weeks. What are we to expect from oil?
The formation of the descending triangle pattern indicates further falling of USD/JPY!
On Thursday, October 16, the RBA governor signaled more stimulus measures at the next meeting on November 3. Will we see the slump of the aussie?
EURCHF is a rare cross pair that is nonetheless very interesting both from the technical and fundamental point of view. Let’s throw a strategic look at it to see what we may expect in the nearest future.