Forex market reviews

Market sessions

14:28 (GMT+3)

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EURUSD is currently testing the broken psychological support at 1.13 as the closest resistance, CADCHF is in a small triangle inside of a bigger one, and sentiment is negative on WTI oil.

Market sessions

Matthew Anthony

10:32 (GMT+3)

EURUSD: correction on the euro following the pound

On Tuesday the 13th of November, trading on the EURUSD pair closed down. The euro rose against the dollar on the back of the pound’s recovery in the wake of further developments on Brexit. This led to a recovery for other majors, while exerting pressure on the greenback from all sides.

Media reviews

Tina Pham

17:55 (GMT+3)

Stocks - Wall Street Rises as Trade Tensions Ease (news: 13/11/18)

Investing.com – Wall Street rose on Tuesday, as trade tensions between the U.S. and China eased.

Market sessions

Tomasz Wisniewski

15:34 (GMT+3)

Daily analytical report (13/11/18)

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EURUSD broke the horizontal support at 1.13 and went lower, WTI oil hit new mid-term lows, driven mostly by a tweet from Donald Trump, and Gold is also suffering from a stronger greenback.

Market sessions

Matthew Anthony

10:06 (GMT+3)

EURUSD: pressure on the single currency won’t ease up

On Monday the 12th of November, trading on the EURUSD pair closed down. The euro shed 1% against the greenback to reach 1.1216. This was facilitated by a strengthened dollar, in addition to increased demand for the safe haven assets. Investors are concerned over US-Sino trade relations, as well as the uncertainty over Italy and Brexit. The UK has failed to reach a breakthrough concerning the Irish border, while Italy remains defiant over its 2019 budget.