EUR/GBP: Bullish trend remains strong

EUR/GBP: Bullish trend remains strong

2020-12-03 • Updated

2020_12_03_09_47_30_Template1_PowerPoint.png

EURGBPM30 (1).png

2020_12_03_09_52_32_Template1_PowerPoint.png

GBPUSDM30 (2).png

Ichimoku Kinko Hyo

USD/JPY: The pair is trading below the cloud. Further bearish pressure will lead the currency pair to retest the previous lows.

USDJPYM30 ich.png

Fibonacci Levels

 XAG/USD: Silver bulls return dynamically in order to send price above 61.8% retracement area.

XAGUSDH4 (3).png

European Market View

A tentative mood was seen in Asia-Pacific bourses following the flat performance on Wall Street, whilst Chinese Caixin Services PMI printed its second-highest reading in a decade. Looking ahead, highlights from macroeconomic calendar include Eurozone, UK and US Markit Services and Composite Final PMIs, EZ Retail Sales, US Initial Jobless Claims, ISM Services PMI, OPEC+ meeting. Britain became the first Western country to approve a COVID-19 vaccine, with 800,000 doses of the Pfizer and BioNTech vaccine available for those at high risk starting next week. Hopes that the pandemic, which has so far killed nearly 1.5 million people globally, will finally be brought under control sparked a risk-on rally in currency markets with the Australian and New Zealand dollars advancing against their U.S. counterpart.

EU Key Point

  • US confirms travel curbs on Chines Communist Party members
  • Cable inches back above 1.3400, awaiting further Brexit clues
  • Germany reports 22,046 new coronavirus cases in latest update today
  • Los Angeles announces a city-wide lockdown stay at home order

LOG IN

Similar

Worst Awaits Risk Assets in September
Worst Awaits Risk Assets in September

The Crypto market usually also has a rough time in September. Bitcoin lost 12.7% in September 2021, 17.4% in 2020, 17.5% in 2018, 21.4% in 2017 and 45.4% in 2015. The main cryptocurrency increased by 13.3% and 3.95% in 2016 and 2019, respectively.

Latest news

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera