Signals and Analysis from the DailyForex Trading Room - September 08, 2020

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Latest Market Analysis USD/PKR: Resting on Short Term Support Level - 08 September 2020 2020-09-08 10:58:59 The Pakistani Rupee is managing to once again traverse near short term support levels which certainly look important via technical charts. Read more » USD/MXN: Will Sell-Off Resume Amid Lack of Momentum? - 08 September 2020 2020-09-08 10:47:31 Despite claims by Mexican President López Obrador that the country and economy weathered the depth of the Covid-19 induced recession better than many global counterparts, Mexico remains under significant short-term stress. Read more » USD/ZAR: Lack of Bullish Momentum to Extend Correction - 08 September 2020 2020-09-08 10:30:35 South Africa likely faced a massive collapse in its second-quarter GDP, with estimates ranging between 20% and 53%. Read more » EUR/USD Forecast: Pulling Back into Support - 08 September 2020 2020-09-08 10:15:16 The Euro has pulled back a bit during the trading session on Monday, but you should keep in mind that it was Labor Day in the United States so therefore there was a serious lack of liquidity during at least half of the session. Read more » AUD/USD Forecast: Continues Stabilizing - 08 September 2020 2020-09-08 10:05:43 The Australian dollar has done very little during the trading session on Monday, but you would expect that as it was Labor Day in the United States. 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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