Thursday, October 1, 2020

Signals and Analysis from the DailyForex Trading Room - October 01, 2020

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Latest Market Analysis
USD/MXN: Breakdown Sequence Positioned to Accelerate - 01 October 2020
2020-10-01 10:55:05

Mexico could be on the verge of seeing a sharp increase in new Covid-19 infections, warns Arturo Erdely, a mathematician at the National Autonomous University (UNAM).

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USD/BRL: Bullish Momentum Collapse Results in Profit-Taking - 01 October 2020
2020-10-01 10:45:38

Brazil seeks ways to extend financial support to the poor are the country reports over 30,000 new Covid-19 infections daily.

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USD/JPY Forecast: Fails at 50 Day EMA - 01 October 2020
2020-10-01 10:32:29

The US dollar initially pulled back a bit during the trading session on Wednesday, only to turn around and rally towards the 50 day EMA yet again.

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S&P 500 Forecast: Struggling at 50 Day EMA - 01 October 2020
2020-10-01 10:16:05

The S&P 500 has gone back and forth during the trading session on Wednesday, as we have no idea what to do next.

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AUD/USD Forex Signal: Bullish Above 0.7150 - 01 October 2020
2020-10-01 10:08:19

AUD/USD: Recovery in risk sentiment boosting Aussie Dollar

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