Monday, August 3, 2020

Signals and Analysis from the DailyForex Trading Room - August 03, 2020

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Latest Market Analysis
GBP/USD Forecast: Showing Signs of Exhaustion - 03 August 2020
2020-08-03 08:59:35

The British pound rallied a bit during the trading session on Friday, reaching towards the 1.3150 level before pulling back again.

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EUR/USD Forecast: Pulling Back in Order to Offer Value - 03 August 2020
2020-08-03 08:33:16

The Euro rallied a bit to kick off the trading session on Friday but gave back the gains again as the 1.19 level had been a bit too much.

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NASDAQ 100 Forecast: Resiliency During Volatile Movement - 03 August 2020
2020-08-03 08:28:58

The NASDAQ 100 initially gapped higher during the trading session on Friday, but then fell like a rock earlier in the day.

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S&P 500 Forecast: More Momentum to the Upside - 03 August 2020
2020-08-03 08:24:13

The S&P 500 fell during the trading session on Friday but as you can see, we ended up turning around to show signs of resiliency yet again.

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AUD/USD Forecast: Continues Overall Consolidation - 03 August 2020
2020-08-03 08:03:12

The Australian dollar initially tried to rally again on Friday but gave out the gains as we got a bit overdone.

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