Signals and Analysis from the DailyForex Trading Room - August 04, 2020

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Latest Market Analysis EUR/USD Forecast: Finding Buyers at First Sign of Support - 04 August 2020 2020-08-04 08:58:50 The Euro fell after initially trying to rally during the trading session on Monday which kicked off the week. Read more » USD/JPY Forecast: Hits Wall of Resistance - 04 August 2020 2020-08-04 08:50:10 The US dollar rallied significantly during the trading session on Monday but continues to see selling pressure just above as the market hit a bit of a "brick wall" at the ¥106.50 level. Read more » AUD/USD Forecast: Finding Buyers Underneath - 04 August 2020 2020-08-04 08:18:24 The Australian dollar has pulled back a bit during the trading session on Monday to kick off the week but seems to have plenty of support near the 0.71 level. Read more » NASDAQ 100 Forecast: Breaking Through Highs - 04 August 2020 2020-08-04 08:07:01 The NASDAQ 100 initially pulled back a bit during the trading session on Monday but then turned around completely to skyrocket above the 11,000 level. Read more » S&P 500 Forecast: Grinding Higher - 04 August 2020 2020-08-04 07:50:12 The S&P 500 has initially pulled back on Monday only to turn around and show signs of strength again as we are threatening 3300 towards the end of the session. 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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