Signals and Analysis from the DailyForex Trading Room - October 09, 2020

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Latest Market Analysis USD/ZAR: Resurgence of Bearish Pressures Ignites Fresh Sell-off - 09 October 2020 2020-10-09 08:44:36 South Africa is inching closer to 700,000 confirmed Covid-19 infections but will leave the Top Ten most-infected list over the next 48 hours Read more » EUR/USD: Rise in Bullish Momentum Favors a New Breakout - 09 October 2020 2020-10-09 08:34:44 With the Eurozone post-lockdown recovery losing steam in September, led by a concerning slowdown in Spain, and the second wave of Covid-19 infections Read more » Stimulus Uncertainty Drives Sentiment for Greenback - 09 October 2020 2020-10-09 08:29:29 The greenback was broadly lower as market players wait to see if there is any positive news regarding a second round of stimulus from the federal government. Read more » USD/BRL Forecast: Is USD Breaking Out Against BRL? - 09 October 2020 2020-10-09 05:39:00 The US dollar had initially rallied during the Thursday session against the Brazilian real, showing signs of a continuation of the bullish pressure that had been part of the market for the last several days. Read more » EUR/USD Forecast: Showing Signs of Indecision - 09 October 2020 2020-10-09 05:33:00 The Euro went back and forth during the trading session on Thursday, as we continue to see a lot of noise in general. 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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