Monday, September 28, 2020

📊 EUR/USD Currently Oversold? Here’s a Look at MarketMilk’s Data on This Pair. | Today’s Featured Pair: GBP/USD

Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
September 28, 2020
Trading today? Read this first.
Sterling took an unexpected jump to start off the new trading week so today, Pip Diddy's checking out both bull and bear setups in GBP/USD for potential short-term pips.
Here's what to expect from the U.S. dollar in the coming days

It’s a busy week for the dollar, which will see the big NFP report, a Presidential debate, and tons of FOMC members under the spotlight. Here's this week's potential USD catalysts!

More Brexit news to move GBP?

A wage subsidy plan helped stem the pound’s losses last week. So, what will happen when pound traders focus on Brexit this week? Here's Pip Diddy's weekly forecast.

EUR/USD currently oversold?

Using MarketMilk's Overbought/Oversold tool, it looks like it's currently rated oversold! Check it:

EUR this week: Will second wave fears alter the ECB's plans?

Concerns over a messy Brexit and a fresh wave of COVID-19 infections have put the pressure on the ECB to up its stimulus efforts. Can Lagarde’s speech help the euro this week?

3 charts to watch this week

Here's a quick review of what happened to the major currencies last week, a preview of what this week is gonna look like and, the three charts to check out this week: EUR/AUD, EUR/NZD, and EUR/CAD!

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