Wednesday, October 14, 2020

Signals and Analysis from the DailyForex Trading Room - October 14, 2020

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Latest Market Analysis
USD/BRL Forecast: Forming Bullish Flag - 14 October 2020
2020-10-14 10:43:35

US dollar has rallied a bit during the trading session on Tuesday to test the top of the bullish flag that the market has been forming as of late.

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USD/JPY Forecast: Recovers Slightly but Stays in Downtrend - 14 October 2020
2020-10-14 10:22:56

The US dollar has rallied a bit during the trading session on Tuesday but continues to struggle to keep the gains as we have seen quite a bit of negativity over the longer term.

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AUD/USD Forex Signal: Bearish Price Channel - 14 October 2020
2020-10-14 10:08:51

AUD/USD: Pivotal point likely at 0.7180

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USD/JPY Forex Signal: Range Persists From 105 to 106 - 14 October 2020
2020-10-14 10:00:45

USD/JPY: Yen is strengthening

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Japan's Industrial Production Contracted in August - 14 October 2020
2020-10-14 09:33:19

The Japanese Ministry of Economy, Trade, and Industry recently reported that industrial production dropped by 13.8 percent in August (year-to-year), worse than July's figure, which stood at -13.3 percent and worse than what the surveyed analysts expected, who foresaw it to drop by 13.3 percent.

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