Signals and Analysis from the DailyForex Trading Room - October 07, 2020

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Latest Market Analysis USD/BRL: Tight Short Term Range Offers Speculative Chance - 07 October 2020 2020-10-07 10:54:28 The USD/BRL remains within the higher plateaus of its mid-term range, but significantly the forex pair has shown the ability to incrementally lower resistance levels above via technical charts. Read more » AUD/USD Forex Signal: More Bearish - 07 October 2020 2020-10-07 10:48:22 AUD/USD: relatively weak on lower rate outlook Read more » German Industrial Production Drops Unexpectedly - 07 October 2020 2020-10-07 10:27:19 In yearly terms, industrial production dropped by 9.6 percent in August, after dropping by 9.8 percent in July. Read more » USD/JPY Forex Signal: Bullish Breakout - 07 October 2020 2020-10-07 10:18:31 USD/JPY: Finally trading above 106.00 Read more » USD/INR: Exhausted Bullish Momentum Hints are More Selling - 07 October 2020 2020-10-07 10:07:32 Despite the out-of-control Covid-19 pandemic across India, which leads the world in new daily infections, economic indicators point towards an ongoing post-lockdown recovery. 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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