What Is Happening In Today's Forex Markets

Traders want to know selling-buying levels and news events to maximize profits on pair trades.

EURUSD Pair

           What happened on previous day

Open: 1.15975
High:  1.16744
Low:   1.15974
Close: 1.16544

Pivot point: 1.1642

Due to the ongoing US-China trade tensions, the pair may be further strengthened.

Today, we can expect several notable events which will likely impact this pair. Please watch and trade accordingly:

  1. USD : Chicago Fed National Activity Index - Prev 0.34
  2. USD : New Home Sales M.O.M - Prev 0.662M
  3. EUR : IFO Business Climate - Prev 102.2
  4. EUR : IFO Current Assessment - Prev 106.0
  5. EUR : IFO Expectations - Prev 98.5

***

GBPUSD Pair

           What happened on the previous day:

Open: 1.32408
High:  1.33138
Low:   1.32372
Close:1.32611

Pivot point: 1.3270

GBPUSD might increase and strengthen the pair due to the trade tensions with China.

Today, we can expect several notable events which will likely impact this pair. Please watch and trade accordingly:

  1. USD : Chicago Fed National Activity Index - Prev 0.34
  2. USD : New Home Sales M.O.M - Prev 0.662M

   ***

USDJPY Pair

           What happened on previous day

Open:  109.966
High:   110.210
Low:    109.793
Close:  109.953

Pivot point: 109.98

USDJPY pair drops below the 50 day Moving Average and trends moving to bearish market.

Today, we can expect several notable events which will likely impact this pair. Please watch and trade accordingly:

  1. JPY : Coincident Index - Prev 117.7
  2. JPY : Leading Economic Index - Prev 105.6
  3. USD : Chicago Fed National Activity Index - Prev 0.34
  4. USD : New Home Sales M.O.M - Prev 0.662M

Disclosure: None.

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