Signals and Analysis from the DailyForex Trading Room - August 12, 2020

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Latest Market Analysis USD/CHF: Will Resistance Zone Force Price Action Reversal? - 12 August 2020 2020-08-12 08:59:53 A recent survey of 4,500 Swiss firms by the KOF Institute found 86% of respondents confident about their prospects despite the Covid-19 pandemic. Read more » USD/INR: Breakdown Sequence Positioned to Accelerate - 12 August 2020 2020-08-12 08:46:58 Manmohan Singh, the former Prime Minister of India, and current leader of the opposition, in an interview with the BBC, outlined three essential steps the government should take to ensure an economic recovery. Read more » USD/JPY Forecast: Only a Matter of Time Before Failure - 12 August 2020 2020-08-12 08:33:40 The US dollar has rallied rather significantly during the trading session on Tuesday, breaking towards the 50 day EMA. Read more » EUR/USD Forecast: Likely to Continue Facing Headwinds - 12 August 2020 2020-08-12 08:22:07 The Euro initially rallied during the trading session on Tuesday but gave back all of the gains essentially to form a shooting star-shaped candlestick. Read more » GBP/USD Forecast: Gives Back Early Gains - 12 August 2020 2020-08-12 08:11:51 The British pound rallied significantly during the trading session on Tuesday, giving back significant gains. 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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