Tuesday, August 18, 2020

Signals and Analysis from the DailyForex Trading Room - August 18, 2020

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Latest Market Analysis
GBP/USD Forecast: Showing Signs of Building Momentum - 18 August 2020
2020-08-18 08:55:09

The British pound has rallied a bit during the trading session on Monday, reaching above the 1.31 level.

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USD/JPY Forecast: Looking Vulnerable - 18 August 2020
2020-08-18 08:46:09

The US dollar fell hard during the Monday session to kick off the week, as the US dollar continues to lose value overall.

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EUR/USD Forex Signal: Bullish Advance to 1.2000? - 18 August 2020
2020-08-18 08:35:49

Long-term bullish trend active again

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Oil and Stock Gains Despite Advance of COVID-19 Pandemic - 18 August 2020
2020-08-18 08:25:48

Yesterday, oil futures advanced after the markets learned that China plans to boost oil imports from the United States and that most of the OPEC+ members complied with oil production cuts last month.

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S&P 500 Forecast: Looking Bullish - 18 August 2020
2020-08-18 08:16:05

The S&P 500 continues to look bullish, although it is settling down a bit just before attacking the all-time highs.

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