OctaFX | OctaFX Forex Broker
Open trading account
Back

EUR/USD back on the bearish track - FXStreet

FXStreet (Łódź) - FXStreet Chief Analyst Valeria Bednarik observes that EUR/USD is falling again due to the ongoing risk averison in the markets.

Key quotes

"Stocks are strongly down in Europe, while US futures extended to fresh lows below September ones before bouncing back some."

"The EUR/USD hourly chart shows price back below its moving averages, with 20 SMA presenting a strong bearish slope above current price and indicators accelerating south into negative territory."

"In the 4 hours chart price extends below a flat 20 SMA while indicators are crossing their midlines to the downside with a clear bearish slope, supporting further declines on a break below mentioned low."

Natural Gas rises from a technical support

Natural Gas November futures have gained in the US Session, after the prices bounced from a technical support level hit earlier today.
Read more Previous

Morgan Stanley: USD remains relatively resilient - eFXnews

The eFXnews team remark that Morgan Stanley sees the USD as very resilient in the light of the recent sharp drop in US yields.
Read more Next
Start livechat