News

Australia Retail Sales Climb 1.4% On Month In October

The total value of retail sales in Australia was up a seasonally adjusted 1.4 percent on month in October, the Australian Bureau of Statistics said o ...more

*Australia Retail Sales +1.4% On Month In October

Australia Retail Sales +1.4% On Month In October The material has been provided by InstaForex Company - www.instaforex.com ...more

EUR/USD eyes bullish weekly close, rising US yields may stall rally

Read more on https://www.fxstreet.com ...more

USD/INR Price News: Indian rupee bulls retake controls below 74.00 ahead of RBI rate decision

Read more on https://www.fxstreet.com ...more

South Korea Current Account Surplus Climbs To $11.66 Billion

South Korea posted a current account surplus of $11.66 billion in October, the Bank of Korea said on Friday - up from $10.21 billion in September. T ...more

US may approve Pfizer's coronavirus vaccine next week

Read more on https://www.fxstreet.com ...more

Forecasts

USD/CAD Daily Outlook

Daily Pivots: (S1) 1.2832; (P) 1.2886; (R1) 1.2921; More…. USD/CAD’s down trend extends to as low as 1.2852 so far. 61.8% projection of 1. ...more

EUR/USD Mid-Day Outlook

Daily Pivots: (S1) 1.2065; (P) 1.2092; (R1) 1.2143; EUR/USD surges to as high as 1.2165 so far and intraday bias stays on the upside so far. Current ...more

USD/CHF Mid-Day Outlook

Daily Pivots: (S1) 0.8924; (P) 0.8969; (R1) 0.8994; More…. USD/CHF’s decline continues today and intraday bias remains on the downside. Cu ...more

USD/JPY Mid-Day Outlook

Daily Pivots: (S1) 104.18; (P) 104.47; (R1) 104.70; More... Intraday bias in USD/JPY remains neutral for the moment. Larger decline from 111.71 is sti ...more

GBP/USD Mid-Day Outlook

Daily Pivots: (S1) 1.3289; (P) 1.3365; (R1) 1.3442; More… Focus is immediately on 1.3482 resistance in GBP/USD with today’s rise. Decisive ...more

EUR/USD Daily Outlook

Daily Pivots: (S1) 1.2065; (P) 1.2092; (R1) 1.2143; EUR/USD’s rally is still in progress and intraday bias stays on the upside for 61.8% projec ...more

Technical Analysis

European shares end the day with mixed results

Some of the major indices are higher and a few are lower The major European indices are ending the day mixed In the European debt market, the ben ...more

USDJPY works it's way into swing area

The 108.36 to 108.47 is a swing area ahead of the high from last week The USDJPY has moved into a swing area defined by highs on September 18, Septemb ...more

The EURUSD is lower but supported below

The 1.1000 level is still key The EURUSD is lower but has seen up and down price action. The pair is off the low for the day at 1.1012 (currently trad ...more

US stocks are open with modest declines

Down on the day but off pre-market low levels too The US major indices are open and the major indices are trading down marginally. The snapshot is sho ...more

GBPUSD takes back about 38.2% of the move up last week

Him him Tested the 200 day MA last week.   The GBPUSD has taken back nearly 38.2% of the sharp move higher on Brexit hopes.  That hope ...more

Aussie falls further as risk assets see added pressure on the day

AUD/USD drops to a session low of 0.6764 ForexLive Notably, price is falling towards a test of the key hourly moving averages near 0.6748-59 now as se ...more

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