Monday, September 7, 2020

Signals and Analysis from the DailyForex Trading Room - September 07, 2020

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Latest Market Analysis
EUR/INR: Pending Breakdown to Unlock More Downside - 07 September 2020
2020-09-07 10:59:05

India faces an acceleration in new daily Covid-19 infections, breaching the 90,000 level, overtaking Brazil as the second-most infected country globally, while remaining number four in the total death count.

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Silver Forecast: Looking for Support Just Below - 07 September 2020
2020-09-07 10:44:34

The silver markets have initially rallied during the trading session on Friday but gave back the gains in order to form a less than impressive candlestick.

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USD/JPY Forecast: Still Looking Vulnerable - 07 September 2020
2020-09-07 10:25:31

The US dollar has initially tried to rally during the trading session on Friday, but above the 50 day EMA we have seen a significant amount of resistance.

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Gold Forecast: Finding Support in Same Area - 07 September 2020
2020-09-07 10:13:14

Gold markets went back and forth during the trading session on Friday, as you would expect.

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BTC/USD Forecast: Bounces Hard at Support - 07 September 2020
2020-09-07 10:02:56

The bitcoin market fell rather hard during the trading session on Friday, as the job number came out and pushed the Bitcoin market lower to reach down towards the $10,000 level.

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