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EUR/USD consolidating as markets digest the new US-Sino trade truce
EUR/UDS is trading around 1.1030, little changed. Markets are digesting the US-Sino handshake deal that prevents new US tariffs that were planned for Tuesday. Euro-zone industrial output is due out.
GBP/USD gives up intraday gains, hovers near daily lows
The GBP/USD pair failed to sustain gains above the 1.2600 figure and nears its daily low at 1.2515, as Brexit uncertainty dents Sterling demand. UK elections’ possibility resurged in market’s talks.
FXSTREET COURSES
Bitcoin Cash price analysis: BCH/USD inching closer to flag pattern breakout
Bitcoin Cash is intentional with this current bullish momentum. The price has been able to sustain above the short-term ascending channel despite testing it twice. The brief deep under $220 support saw Bitcoin Cash make a comeback above $225.
Ethereum market update: ETH/USD locked in a range after the recent sell-off
ETH has been moving in a tight range after a strong sell-off from the recent high of $197.00. The second-largest con with the current market value of $19.8 billion has recovered from October 12 low of $177.22 to trade at $183.50 at the time of writing, however, the upside momentum is weak.
TRON price analysis: TRX/USD may retest the recent high
At the time of writing, TRX/USD is changing hands at $0.0166. The coin has gained over 4.5% in seven 24 days, and the upside momentum is still strong. Currently, TRON takes 11th place in the global cryptocurrency market rating with a market value of $1.1 billion and an average daily trading value of $638 million.