EUR/GBP Price Analysis.

forum.forex

Junior member
36 1
EUR/GBP trades lower on Friday after posting strong gains in the US session. The pair opened higher but failed to sustain the momentum. At the time of writing, EUR/GBP is trading at 0.8466, down 0.06% for the day.

On the daily chart, the EUR/GBP cross currency pair came under selling pressure after testing four-month high at 0.8658 on September 29, which intensified on October 14 after breaking the confluence of 100-day and 50-day Simple Moving Average’s (SMA) confluence.
 

forum.forex

Junior member
36 1
EUR/USD technical outlook

In contrast to the truncated performance of the stock market, the typically reserved EUR/USD managed to extend its slide through heavy support. The break of 1.1500 came Wednesday after the US CPI reading charged the Dollar’s interest rate outlook and drew starker contrast to the Euro’s unflattering monetary policy horizon. In fact, forecasts for the ECB’s rate hike have this week shifted from a late 2022 liftoff out to 2023.
 

ffsear

Senior member
2,250 496
EUR/GBP trades lower on Friday after posting strong gains in the US session. The pair opened higher but failed to sustain the momentum. At the time of writing, EUR/GBP is trading at 0.8466, down 0.06% for the day.

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Another copy and paste thread! https://www.teletrade.eu/analytics/news/3699983

What is the point of T2W anymore?
 

forum.forex

Junior member
36 1
EUR/USD WEAKNESS TO PERSIST.

The tumble in EUR/USD that has taken it from a high of 1.2266 on May 25 to only just above 1.13 now shows no sign of ending anytime soon. Indeed, the price has now broken below the support line connecting the lower lows of a downward-sloping channel in place since that May date and this means it could drop much further, perhaps to the lows around 1.1170 reached in June last year.

As always, a near-term bounce cannot be ruled out but a sustained rally looks very unlikely even though the 14-day relative strength index, or RSI, that can seen at the bottom of the chart below is now under the 30 level that suggests the pair has been oversold.
 

Inquisitor

Active member
189 77
View attachment 308972

Another copy and paste thread! https://www.teletrade.eu/analytics/news/3699983

What is the point of T2W anymore?
Who are you asking the question to? There is no requirement for you to visit the site and whilst you are right that there is limited value in what the OP has posted, so far they do not appear to be pushing a commercial agenda.

You can report it if you think it should be removed.
 

forum.forex

Junior member
36 1
EUR/USD bottomed out near 1.1180 on Wednesday

EUR/USD picks up some upside traction although the sentiment surrounding the pair stays largely tilted towards the bearish side and the door remains wide open for the continuation of the downtrend for the time being.

In the meantime, the pair is on the way to close the third consecutive week with losses, trading in levels last seen in June 2020, and always on the back of the unabated rally in the greenback.
 

forum.forex

Junior member
36 1
USD/TRY Price Analysis Today

USD/TRY advances for the third session in a row on Tuesday and records new all-time peaks near the 13.2000 mark, always on the back of the intense depreciation of the Turkish currency.

Indeed, President Erdogan’s recent defence of the low-rates policy from the Turkish central bank did nothing but put the lira under extra downside pressure, pushing spot to fresh tops.
 
 
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