Laith Marmarchi
ForexTrading.TV
A ForexTrading.TV Technical Analysis Video Alert for EURCHF
Forex trading carries a high level of risk and may not be suitable for all investors. It could also result in losses equalling or exceeding your initial investment. Before deciding to invest in Forex trading, you should carefully consider your investment objectives, level of experience and risk appetite. You are strongly advised to carry out your own independent research before making any trading decisions. Any opinions expressed by ForexTrading.TV or its staff or affiliates are solely for general information and educational purposes and do not constitute investment advice in any way. ForexTrading.TV expressly disclaims all liability from actions or transactions arising out of the usage of our content. By viewing our content, you expressly agree to hold ForexTrading.TV harmless against any claims whatsoever and confirm that your actions are at your sole discretion and risk. © 2013 All rights Reserved
Recommended Content
Editors’ Picks
EUR/USD extends losses to 1.0550 as focus shifts to US ISM PMI
EUR/USD keeps falling to test 1.0500 in the European session on Monday. The pair is dragged down by dovish ECB-speak, French political woes and a firmer US Dollar following Trump tariffs threat on BRICS-fuelled flight to safety. Investors now await US ISM Manufacturing PMI data.
GBP/USD drops further below 1.2700 on stronger US Dollar
GBP/USD picks up downside momentum below 1.2700 in European trading on Monday. The ongoing decline is sponsored by a goodish pickup in the haven demand for the US Dollar, as traders remain wary over the latest Trump tariffs threat on BRICS nations. US ISM PMI is next in focus.
Gold price seems vulnerable on broad-based USD strength
Gold price remains heavily offered tone through the early European session and is currently placed near the lower end of its daily range, around the $2,629 region. This marks the first day of a negative move in the previous five and is sponsored by a combination of factors.
The week ahead: Payrolls take centre stage, as French government poised to collapse
At the start of this week, the focus is likely to be on France. On Sunday, Marine Le Pen said that her party’s talks with the government led by Michel Barnier, had broken down, which paves the way for a no-confidence vote in the technocratic government that has no majority in Parliament.
Eurozone PMI sounds the alarm about growth once more
The composite PMI dropped from 50 to 48.1, once more stressing growth concerns for the eurozone. Hard data has actually come in better than expected recently – so ahead of the December meeting, the ECB has to figure out whether this is the PMI crying wolf or whether it should take this signal seriously. We think it’s the latter.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.