EURUSD pair has been trading in bullish mode for the past few days. The pair is holding above 1.10 level. Here is the EURUSD fundamental outlook for today.
The USD emerged as a winner in a week that includes rate cut by Fed and Mario Draghi parliament speech. Here are the Forex and crypto events for this week.
The US Dollar Index (DXY), which tracks the greenback vs. a bundle of its main competitors, keeps the buying interest well and sound above the key handle at 98.00 the figure.
Gold price dropped during yesterday’s session by more than 10$ and settled just above the $1410.78 support level after failing over and over to break above the $1426 level.
Gold price spikes early in the day to $1430 but ended Wednesday's session at $1426, unable to break through the $1427 resistance level (R1).
In this EURUSD analysis, the Euro bulls broke above 1.1320 yesterday. Can traders expect the recent bullish momentum continue?
Finally, daily Forex news, technically, the pound sterling has been prime for a breakout. However, comments from British PM Theresa May prompted a quick
End of month look at 31 January UOB Daily Forex Trade ideas, BoJ too early QQE exit strategy. USD bullish? What will ECB Draghi say today?
Tuesday 31 January Daily Forex trading tips, BoJ Kuroda clear too discuss QQE exit strategy. Will Draghi push for more financial integration? EUR bearish?