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

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Latest Market Analysis USD/MXN: Pending Breakdown Favors More Downside - 18 September 2020 2020-09-18 09:17:38 Mexico is on course to cross the 700,000 infection level over this weekend, as the death toll nears 72,000, the fourth-highest globally. Read more » USD/IDR: Can Resistance Zone Spark Profit-Taking Sell-Off? - 18 September 2020 2020-09-18 08:42:52 Indonesia returned to partial, localized lockdowns amid a surge in Covid-19 infections. Read more » USD/JPY Forecast: Breaks Major Support Level - 18 September 2020 2020-09-18 08:24:40 The US dollar has broken major support and the ¥105 level, an area that of course has been very important in the past and of course is a very large, round, psychologically significant figure. Read more » GBP/USD Forecast: Pressing Major Resistance Above - 18 September 2020 2020-09-18 08:16:29 The British pound has initially fallen during the trading session but also has turned around to show signs of strength again. Read more » USD/ZAR Forecast: Continues to Flex its Muscles - 18 September 2020 2020-09-18 08:12:35 The US dollar initially rallied against the South African Rand but found resistance near the 16.50 Rand level. 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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