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Daily Analysis

EUR/USD: This market has been moving steadily in the...

Tian Kriek

Analyst
Daily Chart
October 20, 2023

The Direction of Highest Probability is Bearish as price is moving in a Down Fibonacci ABCD swing. As long as the DXY remains Bullish we expect the EURUSD to remain Bearish and below the 45 Period EMA   HIgher inflation readings in the Eurozone could spark a brief rally in the EURUSD    Get this chart and analysis for free. Copy and Paste the following link in your browser: htt ...

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LATEST ANALYSIS


GBP/USD

October 20, 2023

AUD/USD

August 30, 2023

NZD/USD

August 30, 2023

USD/CHF

August 30, 2023

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Education

Forex Glossary

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Balance of Payments

The record of a nationâ??s claims regarding transactions with the rest of the world over a particular time period. This includes merchandise, services and capital flows.

LIBOR

An acronym for “London Interbank Offer Rate,” which is the interest rate that the largest international banks will lend to each other.

Inflation

An increase in the price of consumer goods that erodes purchasing power.