Thursday, August 6, 2020

Signals and Analysis from the DailyForex Trading Room - August 06, 2020

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Latest Market Analysis
EUR/USD Forecast: Testing Highs Again - 06 August 2020
2020-08-06 08:57:14

The Euro has rallied a bit during the trading session on Tuesday as we reached towards the 1.19 level yet again.

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AUD/USD Forecast: Fighting for Real Estate - 06 August 2020
2020-08-06 08:47:02

The Australian dollar has rallied during the trading session on Tuesday, breaking to a fresh high again, but gave back the gains towards the end of the session.

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NASDAQ 100 Forecast: Likely Running Out of Momentum - 06 August 2020
2020-08-06 08:03:22

The NASDAQ 100 has gone back and forth during the trading session on Tuesday as we continue to see a lot of money being thrown into the marketplace overall.

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USD/JPY Forecast: Continuing Weakness - 06 August 2020
2020-08-06 07:51:47

The US dollar has fallen a bit during the trading session on Tuesday against the Japanese yen, as we continue to see a lot of noise.

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S&P 500 Forecast: May Outperform Other Indices - 06 August 2020
2020-08-06 07:39:51

The S&P 500 pulled back initially during the trading session on Tuesday but gained a bit more than some of the other bigger ones that I follow, most specifically the NASDAQ 100.

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