Monday’s Technical Matrix 16th November 2020
UTC: 7.42 Our analysis is based on a comprehensive summary of market data. We use a range of metrics with weighting given to…
Author: Forextraders
Articles by the author
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Geo-political uncertainty increases market volatility
Geo-political uncertainty ramped up over the weekend. Potential risk factors surrounding the health and election prospect of incumbent US president Donald Trump dominated…
Equity Index divergence as they race to the line
The strong sell-off in crude means that the FTSE 100 (Strong Sell) which is heavily weighted towards oil stocks is heading towards posting…
COVID-19 vaccine news hits USD/JPY, drops 0.5% on charts
Published:
The greenback saw its value continue to slide in the forex markets on Monday amid a rapidly changing context of headlines from around…
GBP/USD drops further, hits 1.3253 over Brexit fears
Published:
The British pound suffered further in the foreign exchange markets on Monday due to fears about the impact that Brexit could have. The…
USDX up 0.3% amid good figures, holiday volume dip
Published:
The US dollar found itself up in the foreign exchange markets on Monday morning as the markets adjusted to a day of leaner-than-usual…
EUR/USD up by 0.1% – moves continue to be tentative
Published:
The US dollar went down in the forex markets on Monday morning as the world’s commodity currencies got higher. The positivity appeared to…
‘Take an indiscriminate approach’: lessons from the investment biker
Published:
In this interview with IG Group, the ‘investment biker’ Jim Rogers discusses the lessons he learned from two years exploring the countries he…
Top five benefits of Affiliate Marketing for the Forex Trading Vertical
Published:
The popularity of the forex trading vertical has been flourishing over the last ten years, with over 1,200 brokers currently on the market….
USD/EUR drops to $1.1699 as geopolitical worries spike
Published:
Traders of the US dollar looked set to spend the week expecting significant value dips after the currency took a beating in an…
USD/GBP down to $1.2727 over fears of partisan fight
Published:
Traders in the foreign exchange markets made a significant move towards risk on Tuesday and into Wednesday – with the US dollar falling…
USDX stuck at 95.95 – Asian pairs in the spotlight
Published:
The US dollar index performed somewhat sluggishly in the foreign exchange markets on Monday after a risk-on mood appeared to take hold across…
USD up 0.3% on JPY – currency pair safe as pandemic worries continue
Published:
The US dollar managed to recover some previously lost ground on Friday as figures from organisations in the country showed a steep…
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