On the H1, you can see that EUR/USD formed an inverted “Head and Shoulders” pattern.
Tag - usd
On December 30, Tesla saw its first overseas plant in China produce its first Model-3. Is it a start of the Chinese market conquest Elon Musk is looking for?
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 Middle East tension pushes the market into a cautious mode; oil, gold, and the safe-haven currencies gain.
The new year has started with the escalation of tensions between the United States and Iran…
The market sentiment is still off due to the Iran-US tensions.The Japanese markets are open after the holidays. As a result, markets are open with a gap.
Market sentiment has worsened on the news about the conflict between the United States and Iran. One of the ways to trade in this environment is to sell NZD/USD.
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 market sentiment is off due to the Iran-US tensions.
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.