SuperForex discussion thread

North America Settling Treaties

Mexico and the US have reached an agreement, but where does this leave Canada?
One of the things that Donald Trump took aim at first when he ran for President was, among others, the North American Free Trade Agreement, commonly known as NAFTA. Trump has consistently claimed that NAFTA is not beneficial for the United States and that he, as an experienced businessman, would be able to negotiate better trade deals for the US.
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EUR/USD Technical Analysis & Daily Chart

We can buy the pair today.
Today we would return to the EUR/USD currency pair. The pair grew up until last weekend, then declined again.
The European single currency remains neutral. It was previously pressured by the crisis of the Turkish lira, but as there has been no significant effect on European banks, which is what analysts feared, the single currency stabilized.
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EUR/USD Technical Analysis

The pair has turned around.
Against the backdrop of complications in the relations between the United States and Turkey, the single currency rate has weakened. The US dollar continues to take the form of a safe-haven currency.
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The Video analytics

EUR/USD. The pair fell to the level of 1.1540 and from it we expect the formation of the second shoulder. Otherwise, the pair will go to the mark of 1.1505.
GBP/USD. The pair passes by the MA120 and is approaching the 1.2820 mark. In the case of passing that level, the next price will be 1.2775.
AUD/USD. The price has reached two-year lows. In the case of overcoming the 0.7160 mark, we expect the 0.71 level would be overtaken.
USD/CAD. On the daily chart we observe that the pair has surpassed the level of 1.3160. We believe that in the upcoming days the price will go to the mark of 1.3340.
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GBP/USD Technical Analysis

The pair is searching for a resistance level.
The British pound weakened against the background of bad news about Brexit and the pair showed a decline.
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Crises All Around

Turkey, Argentina, and more are in trouble. How serious is it?
It appears that in recent days red economics flags are being raised in all corners of the world. Venezuela is in major trouble, and so is Argentina, despite securing a bailout from the International Monetary Fund.
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EUR/USD Technical Analysis & Daily Chart

The pair will remain bearish today, so we should sell it.
Today we would take a look at the EUR/USD currency pair. Although the pair grew at the end of last month, its journey has become shakier recently.
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GBP/USD Technical Analysis

The pair is headed up.
After the macroeconomic indicators published in the United Kingdom, the pound appreciated and rose above 1.3150. Furthermore, some aspects of the recent negotiations on Brexit had an impact on the rate of the British currency.
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EUR/USD Technical Analysis

The pair is in a corridor.
At the moment we are seeing that the currencies are balanced and the existence of clear and working levels of resistance.
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