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1
Forex Analysis:::2020-08-05
Overview of the EUR/USD pair. August 5. The only chance of Donald Trump in the election and the US dollar in the future is the creation of a vaccine against "coronavirus".
https://forex-images.ifxdb.com/userfiles/20200805/appsimage_analytics5f29f840015d6.jpg
Donald Trump is betting on creating a vaccine and can put pressure on the Department of Health to speed up the process of creating...
2
Forex Analysis:::2020-08-05
Hot forecast and trading signals for the GBP/USD pair on August 5. COT report. All factors are now on the side of the US dollar, but the bears are afraid of large sales of the pair
https://forex-images.ifxdb.com/userfiles/20200805/appsimage_analytics5f2a0ce822595.jpg
The upward trend has changed into a downward one, sellers have a good opportunity to pull down the pair to 1.2900 and 1.2850. The main thing is to stay below...
3
Forex Analysis:::2020-08-05
Overview of the GBP/USD pair. August 5. Britons are leaving the UK after the Brexit vote. Relations between China and America continue to deteriorate.
https://forex-images.ifxdb.com/userfiles/20200805/appsimage_analytics5f29f8a5944be.jpg
The British currency will be prone to fall, at least until the meeting of the Bank of England. Although it is unlikely that traders will receive optimistic information from...
4
Forex Analysis:::2020-08-05
Hot forecast and trading signals for the EUR/USD pair on August 5. COT report. An important ADP report could bring the pair back to an upward trend. Sellers are required to overcome $1.17
https://forex-images.ifxdb.com/userfiles/20200805/appsimage_analytics5f2a0b20b767b.jpg
Buyers temporarily gave the initiative to the bears, but did not completely leave the market. The dollar could fall again until the level of $1.17 is overcome...
5
Forex Analysis:::2020-08-05
EURCAD facing bearish pressure, potential for further drop
https://forex-images.ifxdb.com/userfiles/20200805/appsimage_analytics5f2a0a9677c54.jpg
Price is facing bearish pressure from our first resistance, in line with our horizontal overlap resistance, 38.2% fibonacci retracement, 61.8% fibonacci extension where we could see a reversal below this...
6
Forex Analysis:::2020-08-04
EUR / USD froze in anticipation of info driver
https://forex-images.ifxdb.com/userfiles/20200804/appsimage_analytics5f298c7639622.jpg
For the second day, the EUR/USD pair has been fluctuating within the 17th figure but actually marking time in anticipation of an information driver. At the same time, the increasing...
7
Forex Analysis:::2020-08-04
USDCAD challenges major support. Vulnerable to a move towards 1.30.
https://forex-images.ifxdb.com/userfiles/20200804/appsimage_analytics5f29c6b1cf79f.jpg
In our last analysis we noted how USDCAD was challenging important horizontal support at 1.3350. We remain bearish as we said before, as long as price is below 1.3475-1.35...
8
Forex Analysis:::2020-08-04
EURUSD bullish short-term setup
https://forex-images.ifxdb.com/userfiles/20200804/appsimage_analytics5f29c58a56da4.jpg
EURUSD pulled back only towards 1.17 and did not break short-term support. Price is now forming a bullish setup with higher highs and higher lows. This setup can unfold into...
9
Forex Analysis:::2020-08-04
Ichimoku cloud indicator analysis of EURUSD
https://forex-images.ifxdb.com/userfiles/20200804/appsimage_analytics5f29c789121be.jpg
EURUSD has held above cloud support and is now bouncing higher. Price is now challenging the kijun-sen indicator which is resistance at 1.18. Recapturing this price level...
10
Forex Analysis:::2020-08-04
Gold price reaches third target area. What's next?
https://forex-images.ifxdb.com/userfiles/20200804/appsimage_analytics5f29c455aea12.jpg
Gold price today reached our third target of $2,010. Gold trend remains bullish and there is no sign of a reversal or at least a short-term...
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