Trading plan for October 3
Daily trading plan for GBP/USD, EUR/USD, USD/CAD
Tag - eur
Common currency dives on Italy woes
On Tuesday, the common currency went down in the face of new worries over Italy's fiscal issues…
Daily news: Brexit tensions and Italian budget meeting
Reserve Bank of Australia (RBA) left the cash rate unchanged at 1…
Trading plan for October 2
At first, let’s take a look at economic calendar at fbs…
EUR/USD: bullish 'Engulfing'
There's a bullish 'Engulfing', so the market is likely going to test the 89 Moving Average...
Daily news: The US and Canada reached an agreement
Canada and the US reached the final decision on the NAFTA deal on Sunday…
EUR/USD: euro is on strong support
Bearish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen.
Weekly Forex Outlook: October 1-5
We are staring a new month and the final quarter of 2018…
EUR/GBP will go down
On the daily chart, if EUR/GBP falls to September low and breaks below the middle of the 0.87-0.902 channel will trigger a “Shakeout-Fakeout” pattern.
EUR/USD still has a chance to rise
On the daily chart, EUR/USD was forming a “Shakeout-Fakeout” pattern dueing the 2 consecutive months.
EUR/USD: bearish 'Engulfing' led to decline
It's likely that the market is going to test the nearest support at 1.1662, which could be a starting point for another bullish rally...
Will EUR/JPY go up?
On the daily chart for EUR/JPY the “Broadening wage” pattern was activated. The update of September maximum will allow bulls to continue moving towards target at 88.6% following the “Bat” pattern.
