Signals and Analysis from the DailyForex Trading Room - October 19, 2020

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Latest Market Analysis USD/MXN: Bearish Momentum Nears Critical Inflection Zone - 19 October 2020 2020-10-19 10:53:14 The USD/MXN has exhibited a dynamic range the past five days of trading. Read more » DAX 30: Will Short-Covering Rally Lead Renewed Sell-Off? - 19 October 2020 2020-10-19 10:53:10 With the German economy under intensifying stress from the second wave of Covid-19 infections, questions over the strength of a post-Covid-19 recovery remain elevated. Read more » NZD/USD: PM Jacinda Ardern Indicates Economic Concern - 19 October 2020 2020-10-19 10:51:12 The USD/NZD has seen bullish activity today as the forex pair enjoys positive momentum upwards as investors come to grips with Prime Minister Jacinda Ardern's strong showing Read more » FTSE 100: Clouds Weigh on FTSE as Bulls Eye Potential Upside - 19 October 2020 2020-10-19 10:48:26 The FTSE 100 Index has created mayhem for short term traders on the wrong side of their speculative wagers the past year. Read more » USD/ZAR: South African Rand's Range is Not a Reprint - 19 October 2020 2020-10-19 10:45:56 The USD/ZAR has embraced an intriguing value range which may entice technical traders to speculate even if they are not typically paying attention to the South African Rand. 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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