Currencies

Technical analysis and Weekly forex forecasts about the most popular currency pairs.

GBP/USD Eyes Key Resistance As Unemployment Claims in the UK Sharply Declines

GBP/USD Weekly Outlook: 14th October 2020 United Kingdom – Claimant Count Change On Tuesday, at GMT 7:00 a.m., the UK’s Office for National Statistics released the Claimant Count Change figure. It measures the changes in the number of people claiming unemployment-related benefits during the previous month. It is the first fundamental indicator of the month […]

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USD consolidating above the lowest level in 3 weeks

EURUSD Weekly Outlook: 12th October 2020 USD rose in the European market on Monday against a basket of global currencies, to consolidate above its lowest level in three weeks, in the process of achieving its first gain within the last four days, due to the renewed purchases of the US currency as the best alternative […]

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GBPUSD rises due to renewed optimism about “Brexit”

GBPUSD Weekly Outlook: 5th October 2020 GBPUSD rose during forex trading in the United Kingdom on Monday, due to renewed optimism in the markets that an agreement could be reached between the United Kingdom and the European Union on reformulating future relations between the two parties after the implementation of the “Brexit”. GBPUSD had received […]

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GBP/CHF Likely Break the Resistance Near 1.1900 If Swiss KOF Economic Barometer Declines Substantially

GBP/CHF Forecast & Technical Analysis Switzerland – KOF Economic Barometer On Wednesday, at GMT 7:00 a.m., the KOF Economic Research Agency will release its economic barometer index. It measures the changes in the level of a composite index. The KOF develops this composite index by analyzing 219 different economic indicators. Hence, UK forex brokers consider […]

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