TRADING IDEAS
26 October, 2020 EUR/USD remains above 1.1220
On Thursday, the EUR / USD currency pair re-tested the lower line of the falling wedge pattern.Given that the pair remains under pressure of the 55-hour moving average, it is likely that some downside
26 October, 2020 USD / JPY remains below 107.00
On Thursday, the USD / JPY currency pair tried to exceed the resistance provided by the 55-hour SMA.If the given resistance holds, it is likely that some downside potential could prevail.
26 October, 2020 GBP / USD dropped below 1.2450
During Thursday, the GBP / USD exchange rate dropped below the 1.2450 level. It is likely that some downside potential could prevail as the rate is pressured by the 55-hour SMA. Economic Calendar
26 October, 2020 DUK+/EUR tests 200-day SMA
On Thursday, the USD / JPY currency pair tried to exceed the resistance provided by the 55-hour SMA.If the given resistance holds, it is likely that some downside potential could prevail.The DUK+/EUR currency exchange rate has made an attempt to surge, which was stopped by the resistance of the 200-day simple moving average.