EUR/USD recaptures 1.08 as coronavirus fears weigh on market mood

EUR/USD has recaptured 1.08 as US bond yields retreat in reaction to growing fears about the coronavirus outbreak economic impact. Earlier, the pair plunged amid weak German data.



GBP/USD bounces above 1.30 as markets shrug off wage figures

GBP/USD is trading above 1.30 as investors ignore weak UK wage figures and Brexit concerns once again. Coronavirus headlines are eyed.


Altcoins push hard not waiting for a Bitcoin reaction

The Altcoin market has only needed one business day to see prices rise sharply again. Bitcoin, still, has adopted the anchor function and for the moment is giving up the battle for the $10000.

Read more

Gold firmer, near $1,600/oz on coronavirus fears

Renewed fears around the Chinese coronavirus (COVID-19) have been supporting the demand for the safe haven metal in past hours, taking the ounce troy to levels just shy of the key $1,600 mark.

Gold News

Jose Blasco Course

FXStreet Trading Signals now available!

Access to real-time signals, community and guidance now!

BTC/USD trapped under short-term trendline

Bitcoin (BTC) is changing hands at $9,750, mostly unchanged both on a day-to-day basis and since the beginning of the day. The first digital asset recovered from Monday's low of $9,469, however, an upside momentum faded away on approach to $9,800. 

More Bitcoin News

NEO/USD bullish following Binance Futures support

NEO is in the green on Monday during the European trading session. The bullish momentum is taking action after a couple of days of the bulls enduring battering from the bears.

More NEO News

ETH/USD tug of war at $270 intensifies as $280 beckons

Ethereum managed to stay above the support at $240 during the bearish Monday. Also contributing to the support was the long term ascending trendline. The recovery from the support has been steady enough to hit levels slightly above $270. 

More Ethereum News

Ripple Price Analysis: XRP/USD is bearish as long as it stays below $0.30

XRP/USD recovered to $0.2950 during early Asian hours only to retreat to $0.2850 by the time of writing. Despite the sell-off, the third-largest digital asset is still nearly 2% higher from this time on Monday and mostly unchanged since the beginning of the day. 

More Ripple News

Big Beat for Empire State EUR/USD sub 1.0800

UK Claimant Count Better than Expected

Yen pushes forward [Video]

U.S. Brief, February 18 - Top Trade Setups in Forex – Risk-off Sentiment


Markets' lean season has lasted two full years and while those are not yet over, flush times are looking more and more likely for this 2020. EUR/USD news: The beginning of the end of the trade war? Ever since hitting 1.2537 in January 2018, the EUR/USD pair has been on a selling spiral that set a multi-year low of 1.0878 just two months ago. The level can hardly be considered an interim bottom when just considering the following price’s recovery, but the focus this time shouldn’t be put on technical readings, but in politics.

Yohay Elam

Gold is on the rise as the coronavirus outbreak has taken its toll on Apple, which warned that it will be unable to meet its guidance due to iPhone production issues. The safe-haven shiny metal is on the rise. How is XAU/USD positioned on the charts.

The Technical Confluences Indicator is showing that gold faces a relatively weak cluster of lines at $1,587, which includes the Bollinger Band 15min-Middle, the Simple Moving Average 5-1h, the SMA 10-15m, the previous hourly high, the BB 4h-Upper, the Fibonacci 161.8% one-day, and the previous 4h-high.

Critical resistance is at $1,590, which is where the BB one-day Upper and the Fibonacci 23.6% one-month converge.

Looking down, some support awaits at $1,584, which is the confluence of the SMA 50-15m, the previous weekly low, and the SMA 10-1h.

XAU/USD has robust support at $1,576, which is a juncture of lines including the Fibonacci 38.2% one-week, the Pivot Point one-day Support 2, the SMA 5-one-day, the Fibonacci 38.2% one-month, and the SMA 100-1h.

Read Full Report


Date Event Title Sponsor More Info
Introduction to FXStreet Signals Service Gonçalo Moreira, CMT Event Details
Premium US Pre-Market Open Ed Ponsi, CTA Event Details
Premium US Session Open Ed Ponsi, CTA Event Details
Introduction to FXStreet Signals Service Gonçalo Moreira, CMT Event Details