GBP/USD Technical Analysis
The pair is adjusted
Since the beginning of today's trading session the dollar index returned above the level of 96.00 and shows a moderate growth, rising to the maximum values of the current month.
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https://superforex.com/additionalimages/24-01-2019/gbp-usd-technical-analysis-240119-0.jpg
EUR/USD Technical Analysis & Daily Chart
The pair is in a precarious spot today, so we need to be careful.
Today we would take a look at the EUR/USD currency pair. The pair spent all of last week declining, but seems to have opened this week in the green.
The economic situation in Europe remains unchanged. Fundamentals are not ideal and inflation is dragging behind target; the fallout of the global economic slowdown, in large part caused by Trump’s tariff plan, has also affected the eurozone negatively.
More information see here
https://superforex.com/additionalimages/28-01-2019/eur-usd-technical-analysis-daily-chart-280119-0.png
GBP/USD Technical Analysis
The pair continues to grow.
After Theresa May’s resignation did not take place and the Brexit deal, albeit with changes, is still alive, there have been opportunities for investors to back the British pound and the pair shows growth.
More information see here
https://superforex.com/additionalimages/29-01-2019/gbp-usd-technical-analysis-290119-0.jpg
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EUR / USD Technical analysis
Yesterday the publication of the Fed decision on the interest rate took place. As expected, the Fed eased the policy and left the interest rate at the current level of 2.5%. After that, the dollar index dropped to the 95.00 mark and is currently at the minimum values of the current year.
More information see here
Attachment 15421
EUR/USD Technical analysis
Today we would take a look at the EUR/USD currency pair. After the price spent last week recovering, it is now once more decreasing.
There is not much that is new in Europe. The most recent reports on economic growth and inflation rates were disappointing, but overall in line with what the European Central Bank has warned against. The ECB was alarmed by the global economic slowdown in 2018, especially exacerbated by Trump’s tariff plan.
More information see here
https://inner.superforex.com/images/articles/eur-usd-technical-analysis--1448--Nr6cU--p.png
GBP/USD Technical analysis
The pair is turning
During yesterday's trading session the dollar index gained over 35 points and is clearly not going to stop. Our pair began to turn, changing the medium-term trend.
The recently released index of business activity in the services sector in the UK showed worse results than expected, reaching 50.1 points.
More information see here
https://inner.superforex.com/images/articles/gbp-usd-technical-analysis--1449--eC22p--o.jpg