Forex market sessions

Market sessions

17:11 (GMT+3)

Daily analytical report (16/11/2018)

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The EURUSD pair is back above 1.13, but this shouldn't last long. Things are looking bad for bitcoin, while the SP500 bulls refuse to give up.

Market sessions

Matthew Anthony

10:38 (GMT+3)

EURUSD: the euro’s upwards trend continues

Brexit is dominating the Forex market this week. The pound is under intense scrutiny by market participants. On Thursday, it shed 2.3% against the greenback to reach 1.2735. This drop was caused by reports of UK Brexit Minister Dominic Raab’s resignation. Another piece of news that took its toll on the pound was that of the prospect of Prime Minister Theresa May facing a no-confidence vote. The single currency dropped to 1.1271 against the dollar on the back of this report, although euro bulls quickly recovered these losses in Europe and pushed on to a new session high of 1.1362.

Market sessions

Matthew Anthony

10:03 (GMT+3)

EURUSD: euro bulls preparing to break through 1.1350

On Wednesday the 14th of November, trading on the euro closed slightly up. Fluctuations on the GBPUSD pair exerted their influence on the single currency throughout the day. The fluctuations on the British pound were the result of contradictory reports on Brexit. The pound and euro closed up against the dollar. The euro closed against the dollar at 1.1323.

Market sessions

Tomasz Wisniewski

14:28 (GMT+3)

Daily analytical report (14/11/18)

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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.

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.

Market sessions

Tomasz Wisniewski

18:21 (GMT+3)

EURCHF is headed south

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.