Signals and Analysis from the DailyForex Trading Room - October 12, 2020

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Latest Market Analysis AUD/USD Forex Signal: Bullish Consolidation Below 0.7250 - 12 October 2020 2020-10-12 08:55:04 AUD/USD: Weak U.S. Dollar Read more » USD/JPY Forecast: Resumes Downtrend - 12 October 2020 2020-10-12 08:40:12 The US dollar has fallen a bit during the trading session on Friday, breaking below the 50 day EMA. Read more » WTI Crude Oil Forecast: Pulled Back from 200 day EMA - 12 October 2020 2020-10-12 08:28:16 The West Texas Intermediate Crude Oil market has pulled back a bit from the 200 day EMA during the trading session on Friday as we continue to focus on stimulus only. Read more » Oil Prices Fall After Last Week's Surge - 12 October 2020 2020-10-12 08:19:14 Oil prices surged some 10 percent last week, largely due to the devastation of Hurricane Delta which slammed into the Gulf of Mexico and caused disruptions in production in the region. Read more » GBP/USD Forecast: In the Midst of Breaking Out - 12 October 2020 2020-10-12 07:58:42 The British pound has rallied significantly during the trading session on Friday, breaking cleanly above the 1.30 level and it is now closing towards the top of the range. 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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