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BREXIT today – we are out of EUR and GBP PairsUSD/CAD Currently we are 1.2761 trying to break out of the rectangle to the downside. If successful, we are looking for continuation to the 1.270...
EUR/USD: Long At 1.1280ECB President Mario Draghi said that Eurozone growth is gaining momentum but uncertainty is high and the inflation outlook is subdued so the European Central Bank stands ready...
A sense of anxiety continues to loom over global markets with investor unease reaching new heights as the Brexit saga finally draws to an end with less than twenty-four hours till vote day. Market...
USD/CAD daily chart - June 22, 2016In the above daily chart, we expect USD/CAD to test 1.33 - 1.35 price area in order to complete the intermediate corrective red (B) wave. Immediately after the end...
The Brexit vote is coming up tomorrow, but it seems like the (currency) markets have already made up their mind: Britain remains in the EU! I personally have no opinion regarding this matter since I'm...
The Australian dollar has posted gains on Wednesday, following limited movement in the Tuesday session. The pair is trading just shy of the 0.75 line. On the release front, Australian MI Leading Index...
Main Brexit pair GBP/USD made a strong push up in the last few days on account of the polls in the UK showing a lead for the Yes (Remain) vote. This move to the upside is already a bit extended, but...
Market Drivers for June 22, 2016 Dollar slightly weaker High yielders rally Nikkei -0.54% DAX 0.57% Oil $50/bbl Gold $1267/oz. Europe and AsiaAUD: Westpac LEI 0.21% vs. 0.14% North AmericaCAD: Retail...
London Forex Report: T Minus One Brexit Or BremainLondon Forex Report: Janet Yellen, the Fed’s chair, delivered a speech on Tuesday. She said the Fed will be cautious about interest rate...
EUR/USD has posted slight gains on Wednesday, following two days of losses. The pair is trading at 1.1270. On the release front, the Eurozone releases HPI and Consumer Confidence. The US will release...
Market BriefYesterday’s relief rally was short-lived as we now find ourselves on the home stretch of the Brexit decision. The risk-on sentiment prevailed during the first two days of the week,...
Cryptocurrencies enjoyed a brief moment in the limelight upon their introduction, even as they promised a new universal payment method for online monetary interactions – with Bitcoin leading the...
The Brexit campaign is in full swing, and listening to BBC debate last night, the general feeling was that the Leave side is quickly losing its grip. David Cameron started this campaign on the back...
GBP/USDSterling vs. the US dollar pair is trying to rise again trading above 1.4655. Stability above the mentioned level is positive; it can stimulate another upside wave attempt, affected by the...
Weekly chart:EUR/JPY has some very eventful times behind it, and presumably also ahead of it. The last high occurred in December 2014 and was located at about 150 JPY. Then came the crash, and...