Signals and Analysis from the DailyForex Trading Room - August 11, 2020

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Latest Market Analysis S&P 500 Forecast: Likely to Hit All-Time Highs - 11 August 2020 2020-08-11 08:44:22 The S&P 500 pulled back slightly during the trading session on Monday to kick off the week but continues to find buyers on these dips. Read more » GBP/USD Forecast: Finds Support - 11 August 2020 2020-08-11 08:32:11 The British pound found support during the trading session on Monday, initially shooting higher but then breaking back down towards the crucial 1.30 level. Read more » USD/JPY Forecast: Fails to Impress - 11 August 2020 2020-08-11 08:17:31 The US dollar rallied significantly during the trading session initially on Monday against the Japanese yen but gave back a significant amount of the gains to form a bit of a shooting star. Read more » AUD/USD Forecast: Likely to Continue Grinding Away - 11 August 2020 2020-08-11 08:04:24 The Australian dollar has gone back and forth during the trading session on Monday, as we continue to look bullish. Read more » Oil Markets, Stocks Gain on Lower Coronavirus Numbers - 11 August 2020 2020-08-11 07:47:48 Yesterday, oil markets advanced on signs of the coronavirus crisis dwindling in the United States, after Saudi Aramco released a positive assessment regarding the situation of the market. Read more » Want to read more signals? Visit our Technical Analysis page More from DailyForex: Forex Brokers Reviews Forex News Technical Analysis Bitcoin Brokers Got a smartphone? Get our updates directly to your phone with the latest version of our free app Join the free Forex Academy and find courses suited to traders at all levels! We hope that this analysis helps you find a profitable position in the Forex market. Happy Trading, The DailyForex Team 2020 DailyForex LTD. 1841 SW 63 RD TERR, North Lauderdale 33068, Florida, USA Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite. This email was sent to you following your consent to our Terms of Service and your permission to receive from us emails notifying you of any promotions or new services we are offering. Please note that in accordance with the General Data Protection Regulation (GDPR) you may request to close your account and that your personal data will be deleted. To exercise this right you may contact DailyForex's support team: privacy@dailyforex.com.
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