Daily London Session Watchlist: GBP/USD

Daily London Session Watchlist: GBP/USD

Partner Center Find a Broker Asian session traders pulled a Drake and flipped the switch on higher-yielding bets as they priced in global growth concerns and weak data releases. That’s partly why I’m looking at Cable today! But first, here are the major headlines in the last couple of hours: Currency Snapshot Major Forex Pairs…

EUR/USD Analysis: Multi-week trading range resistance capped gains ahead of Eurozone PMIs

EUR/USD Analysis: Multi-week trading range resistance capped gains ahead of Eurozone PMIs

EUR/USD remained well supported by the Franco-German proposed recovery fund. Some renewed USD selling negated softer Eurozone CPI and remained supportive. The pair stalled near 1.10 mark following the release FOMC April meeting minutes. Worsening US-China relations prompted some selling ahead of flash Eurozone PMIs. The EUR/USD pair prolonged its positive move for the fourth…

Daily Recommendations on Major – EUR/USD

Daily Recommendations on Major – EUR/USD

DAILY MARKET OUTLOOK on Major Update Time: 21 May 2020 03:30GMT EUR/USD – 1.0975 Yesterday's gain to a near 3-week high of 1.0999 due to broad-based usd's weakness in New York suggests re-test of May's 1.1018 peak may be seen, however, loss of upward momentum should prevent strong gain and reckon 1.1040/50 would cap upside and yield…