E What Is Happening In Today’s Forex Markets


Traders want to know selling-buying levels and news events to maximize profits on pair trades.

EURUSD Pair

           What happened on previous day

Open: 1.15975
High:  1.16744
Low:   1.15974
Close: 1.16544

Pivot point: 1.1642

Due to the ongoing US-China trade tensions, the pair may be further strengthened.

Today, we can expect several notable events which will likely impact this pair. Please watch and trade accordingly:

  • USD : Chicago Fed National Activity Index – Prev 0.34
  • USD : New Home Sales M.O.M – Prev 0.662M
  • EUR : IFO Business Climate – Prev 102.2
  • EUR : IFO Current Assessment – Prev 106.0
  • EUR : IFO Expectations – Prev 98.5
  • ***

    GBPUSD Pair

               What happened on the previous day:

    Open: 1.32408
    High:  1.33138
    Low:   1.32372
    Close:1.32611

    Pivot point: 1.3270

    GBPUSD might increase and strengthen the pair due to the trade tensions with China.

    Today, we can expect several notable events which will likely impact this pair. Please watch and trade accordingly:

  • USD : Chicago Fed National Activity Index – Prev 0.34
  • USD : New Home Sales M.O.M – Prev 0.662M
  •    ***

    USDJPY Pair

               What happened on previous day

    Open:  109.966
    High:   110.210
    Low:    109.793
    Close:  109.953

    Pivot point: 109.98

    USDJPY pair drops below the 50 day Moving Average and trends moving to bearish market.

    Today, we can expect several notable events which will likely impact this pair. Please watch and trade accordingly:

  • JPY : Coincident Index – Prev 117.7
  • JPY : Leading Economic Index – Prev 105.6
  • USD : Chicago Fed National Activity Index – Prev 0.34
  • USD : New Home Sales M.O.M – Prev 0.662M
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