Forex market reviews

Market sessions

18:21 (GMT+3)

In this piece, we will describe the situation on EURCHF, where a week ago we were waiting for a buy signal. We did not say that there'd be a buy signal right now, but we acknowledged the possibility: “As long as we stay below the Fibo mentioned above, sentiment will remain negative, but the breakout of this line will give us a proper buy signal." This is what we wrote back then.

Market sessions

Tomasz Wisniewski

18:03 (GMT+3)

EURUSD breaks major horizontal support

The past few days for the euro have been pretty dramatic. All of the pairs with the euro as the base currency are in the red. In this piece, we will focus on the most popular instrument on the Forex market – EURUSD.

Market sessions

Matthew Anthony

11:13 (GMT+3)

EURUSD: the pair is close to the lower boundary of the B-B channel

On Friday the 9th of November, trading on the EURUSD pair closed down. The euro took a dive on the back of a broadly stronger dollar, along with a weakening pound and Canadian dollar, which dragged the market down with it.

Media reviews

Tina Pham

18:30 (GMT+3)

Fed leaves rates unchanged, says U.S. economy strong (news: 09/11/18)

WASHINGTON (Reuters) - The U.S. Federal Reserve held interest rates steady on Thursday but remained on track to keep gradually tightening borrowing costs, as it pointed to a healthy economy that was marred only by a dip in the growth of business investment.

Market sessions

Tomasz Wisniewski

13:59 (GMT+3)

Daily analytical report (09/11/18)

Data cannot be shown.

EURUSD cancelled the buy signal that was triggered on Wednesday, sentiment is negative on EURCHF, and we have a failed iH&S pattern on DAX.

Market sessions

Matthew Anthony

10:33 (GMT+3)

EURUSD: breakout of the upwards channel

On Thursday the 8th of November, trading on the euro closed down. The euro fell markedly against the US dollar after the publication of the European Commission's report, which is expected to slow the Eurozone economy in 2019. The European Commission lowered the GDP forecast in the Eurozone from 2% to 1.9%.