How do we trade EUR/GBP today? All the same, but watch for reversal signs against the existing downtrend.
Tag - eur
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.
The uncertainty over US fiscal stimulus and Brexit, and also rising new virus cases deteriorated the market mood. That’s why we can expect the further rally of the US dollar and the fall of riskier assets today.
It's the final day of the trading week, but there are still plenty of opportunities. Watch the video to get trade ideas for EUR/GBP, USD/JPY, gold, oil and other assets!
Looking ahead, highlights from macroeconomic calendar include Eurozone CPI US Retail Sales and University of Michigan, European Council Summit and Fed’s Williams speech.
Treasury Secretary Mnuchin, after speaking with House Speaker Pelosi, said stimulus talks are still far apart and it is difficult to get anything done before the election but will keep trying.
The Australian dollar is falling on the dovish remarks by the RBA Governor Lowe…
US futures fell early in pre-US market open trading as investors' hopes that earnings season would provide some upward impetus waned.
EUR/AUD formed a candlestick with a long upper shadow on the D1. The pair is currently testing levels below the 50- and the 100-period moving averages.
Brexit is alarmingly approaching deadline without sufficient progress. How do we trade EUR/GBP so far?
Investors are watching tensions between the European Union and Britain after the EU demanded "substantive" movement on Tuesday on fisheries, dispute settlement and guarantees of fair competition in their talks on a post-Brexit trade deal.
Key levels for gold, oil, EUR/USD, GBP/USD, and other currency pairs!