Today’s Currency Currents | 17th Nov’20

god FX Daily: Optimism faces resistances Vaccine hopes propelled the Dow and S&P 500 to new record highs on Monday. It remains to be seen if the vaccine rally can sustain and carry the Dow above the psychological 30,000 level. Yesterday’s highs were achieved in an unusual surge during the final minutes of the session. In the

US Dollar Analysis: EUR/USD, AUD/USD, NZD/USD Outlook

EUR/USD branching out a new uptrend but will be coming across critical cross-section AUD/USD rejected at 21-month swing-high. Drop accelerated after local GDP released NZD/USD cleared 13-month resistance but price action is indicating slowing momentum EUR/USD Analysis EUR/USD appears to be climbing along a newly-sprouted, modest uptrend since late July after jumping above the older slope of appreciation dating back
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