Signals and Analysis from the DailyForex Trading Room - November 16, 2018

Explore the latest DailyForex updates Latest Market Analysis EUR/USD and GBP/USD Forecast - 16 November 2018 2018-11-16 08:11:29 The Euro initially fell during the trading session on Thursday but turned around to break above the 1.13 level again. Bitcoin Daily Forecast - 16 November 2018 2018-11-16 08:06:20 The bitcoin market broke down initially during trading on Thursday but did bounce enough to turn around and form a hammer. WTI Crude Oil and Natural Gas Forecast - 16 November 2018 2018-11-16 08:03:51 The WTI Crude Oil market went back and forth during the trading session on Thursday but did see some gains just as we did on Wednesday. USD/JPY and AUD/USD Forecast - 16 November 2018 2018-11-16 07:53:05 The US dollar fell initially during trading on Thursday but bounced significantly from the ¥113 level to form a bit of a hammer. S&P 500 and Nasdaq Forecast - 16 November 2018 2018-11-16 07:48:37 The S&P 500 fell initially during trading on Thursday but found enough support underneath the 2700 level to bounce significantly and form a positive candle. Gold Edges Higher on Weaker Dollar, Safe-Haven Demand - 16 November 2018 2018-11-16 07:44:50 Gold prices rose $2.42 an ounce on Thursday, extending gains to a third straight session. Pound Gets Some Relief from Battering - 16 November 2018 2018-11-16 07:37:34 The Pound Sterling finally took a break from the recent free fall but FX traders remain clearly anxious that Britain might wind up without a Brexit agreement on March 29, 2019. Brexit: What Next? - 15 November 2018 2018-11-15 13:14:43 I am bored writing about Brexit, but it is certainly the most important political event going on in the world right now, in terms of how currency markets will be affected. Brexit Deal Passes Cabinet - 15 November 2018 2018-11-15 12:59:52 The UK cabinet has agreed to the deal that negotiators for the UK and the EU have brokered following a marathon five-hour plus meeting yesterday. UK Politics Drives Safe Haven Demand - 15 November 2018 2018-11-15 12:58:44 Safe haven demand increased in the wake of the latest news out of Britain which complicates matters for the Prime Minister who is hoping to push through an agreement in Parliament so that the impending Brexit won't be a "hard" one. Got a smartphone? Get our updates directly to your phone with the latest version of our free app. We hope that this analysis helps you find a profitable position in the Forex market. Happy Trading, The DailyForex Team To stay updated with our latest updates and market analysis follow us on Twitter or Facebook page. More from DailyForex: Forex Brokers Reviews Bitcoin Brokers Forex Bonuses Forex News Technical Analysis   2018 DailyForex LTD. 1841 SW 63 RD TERR, North Lauderdale 33068, Florida, USA Risk Disclaimer: DailyForex will not be held liable for any loss or damage resulting from reliance on the information contained within this website including market news, analysis, trading signals and Forex broker reviews. The data contained in this website is not necessarily real-time nor accurate, and analyses are the opinions of the author and do not represent the recommendations of DailyForex or its employees. Currency trading on margin involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade Forex or any other financial instrument you should carefully consider your investment objectives, level of experience, and risk appetite.

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