Thursday, October 8, 2020

Signals and Analysis from the DailyForex Trading Room - October 08, 2020

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Latest Market Analysis
AUD/USD Forex Signal: Weakly Bullish Consolidation - 08 October 2020
2020-10-08 10:43:48

AUD/USD: Close to both strong support and resistance

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USD/JPY Forex Signal: Bullish Consolidation - 08 October 2020
2020-10-08 10:35:37

USD/JPY: Pivotal point at 106.07

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Bitcoin: Tight Trading Remains as Speculators Eye Breakout - 08 October 2020
2020-10-08 10:32:18

The price range for BTC/USD has remained within a fairly consolidated band the past week of trading.

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EUR/USD: Near Term Speculative Opportunity to Embrace Risk - 08 October 2020
2020-10-08 10:28:36

After essentially stumbling in a choppy range since late July, the EUR/USD may be ready to become a speculative favorite again near term.

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GBP/USD: British Pound Set to Establish Bullish Momentum - 08 October 2020
2020-10-08 10:20:27

On the 6th of October the British Pound spiked downward against the USD and other currencies, as news circulated momentarily that the UK government was set to walk away from negotiations

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