Today, the UK parliament starts the debate on Boris Johnson's Brexit paper. What are the likely consequences for the GBP?
Tag - eur
American trade balance and ISM Non-Manufacturing PMI may affect the US dollar. As a result, major pairs may change their direction.
On the H1, you can see that EUR/USD formed an inverted “Head and Shoulders” pattern.
This week will be shaped by the American NFP release in line with other indicators, all set between the US-China trade deal expectation and the US-Iran conflict escalation.
The new year has started with the escalation of tensions between the United States and Iran…
The Business Climate Indicator will be announced at 12:00 MT on January 8.
The 2020 year has started and the direction of the markets is unclear especially due to the US-Iran tensions. Take a fast look at the major events that will determine markets’ direction in January 2020.
The US dollar has been trying to recover after the suffering in the last days of 2019.
What are the forecasts for EUR/USD in 2020 by major banks?
Coming to the year-end, the USD is the weakest among the majors. The USD's slip may prolong in 2020. Get clues on the risks for the USD and check the direction of EUR/USD, GBP/USD, USD/JPY, USD/CHF, and XAU/USD.
The economic calendar doesn't provide interesting events to trade on. Let's take a look at the technical setup to get signals. EUR/USD, GBP/USD, USD/JPY, and XAU/USD are under consideration.
Markets will be closed earlier due to coming Christmas. However, it's not a reason to avoid trading.