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Brexit Bill is Passed, however Timetable is Rejected

OCTOBER 22, 2019
UK Parliament passed the Withdrawal Agreement Bill. However, they also refused to be handcuffed into Boris Johnson’s timetable of just 2 days to read and debate the matter. The UK’s main opposition party leader, Corbyn, said afterwards that Johnson needs to agree to a reasonable timetable. PM Johnson must now determine whether to accelerate plans to leave

Is A ‘Risk Reversal’ On The Cards? | SPX, NDX, Yen
OCTOBER 22, 2019
Traders are always trying to decipher the underlying risk appetite of markets. So, if several gauges of sentiment all turn at once, it’s worth paying attention.

EUR/USD four-hour chart


The Euro is trading above the main SMAs, suggesting bullish momentum in the medium term. EUR/USD is consolidating last week’s advance above the 1.1000 figure and the 200 SMA. A break of 1.1067 resistance can lead to 1.1100, according to the Technical Confluences Indicator.


EUR/USD 30-minute chart


The Fiber is trading above its main SMAs, suggesting bullish momentum in the near term. Support is seen at the 1.1020 and 1.1000 price levels. A daily close below the

Brexit headlines pushed the Euro back above the 1.1000 handle.
Euro is on a rollercoaster, now stabilizing above the 1.1020 level.

EUR/USD daily chart


On the daily chart, the shared currency is trading in a bear trend below the main daily simple moving averages (DSMAs). The Euro got a boost as optimism over a Brexit deal draft took over the market.

EUR/USD four-hour chart


The Euro is trading above the main SMAs, suggesting bullish momentum in the medium term. EUR/USD is consolidating