Tuesday, October 13, 2020

Signals and Analysis from the DailyForex Trading Room - October 13, 2020

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Latest Market Analysis
WTI Crude Oil Forecast: Continues Same Consolidation - 13 October 2020
2020-10-13 08:17:04

The West Texas Intermediate Crude Oil market has pulled back a bit during the trading session on Monday to kick off the week, showing signs of weakness yet again.

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Gold Forecast: Gapping Higher, More Momentum Ahead - 13 October 2020
2020-10-13 08:14:25

Gold markets gapped higher to kick off the trading week, breaking out above the highs of the Friday session, only to turn around and find the bottom of the gap yet again.

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USD/PKR: Pakistani Rupee Testing Support as Doubters Lurk - 13 October 2020
2020-10-13 08:10:47

The Pakistani Rupee has seen a wave of increased selling against the USD since the 1st of October.

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USD/INR: Indian Rupee Delivering Capable Speculative Tests - 13 October 2020
2020-10-13 08:08:09

The past five days of trading within the USD/INR have been a solid reflection of the forex pair's rather choppy trading cycle the past month.

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AUD/USD Forecast: Struggling with Same Trendline - 13 October 2020
2020-10-13 07:09:07

The Australian dollar gapped lower during the trading session on Monday but then turned around to rally to test the highs of the Friday session.

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