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In this week's market analysis, we will look at potential trading opportunities and zones where we should look for evidence and potential moves. Pairs and markets analyzed this week: AUD/USD, CAD/CHF...
Risk sentiment sours – as expected – as the potential ramifications of the Brexit vote reverberate through the market.Losses in the equity markets have accelerated since the open of Wall...
The British Pound is Completing a Megaphone Bottom (Red) within a Larger Megaphone.The British pound is completing a megaphone bottom (red) within a larger megaphone (blue on chart). It's likely to...
The British pound is completing a megaphone bottom (red) within a larger megaphone (blue on chart). It is likely to form an inverse head and shoulders (H&S) or smaller megaphone bottom here before...
The New Zealand dollar has posted considerable gains on Thursday, trading above the 0.72 level early in North American session. The markets are nervously keeping tabs as Britons votes in the Brexit...
Brexit a surprise for UK stocksFTSE 100 stock market index declined on Friday having opened with a sharp gap lower after the referendum results showed Britons voted for leaving the European Union. The...
New York Forex Report: Britain will continue to have access to the European Union’s single market despite voting to leave the bloc, leading Brexit campaigner and favourite to become the...
USD/CADCurrently we are at 1.3031 trying to break out of the strong resistance. If successful, we are looking for continuation to the resistance at 1.3147 with a further target up to 1.3212. The...
USD/JPY has posted losses on Monday, continuing the downward trend which marked the Friday session. The pair is trading slightly below the 102 level. The yen posted strong gains to end the week after...
EUR/USDEUR/USD pair is trading in sharp fluctuations around 1.1070 level, and trading below this level presented by 50% Fibonacci correction may be the reason for the extension of the downside move...
Monday June 27: Five things the markets are talking aboutThe U.K vote to leave the EU will obviously dominate the summits of European heads of government and global central bankers this...
Market Drivers for June 27, 2016 Osborne: No emergency budget Japan mulls 10T stimulus Nikkei 2.39% DAX -0.70% Oil $47/bbl Gold $1330/oz. Europe and AsiaNZD: Trade Balance 358M vs. 180M North America...
Market participants are still in a state of shock after the victory for Brexit has shaken the financial markets. The next trading days are therefore likely to be very volatile until the dust has...
London Forex Report: Britain will continue to have access to the European Union’s single market despite voting to leave the bloc, leading Brexit campaigner and favourite to become the...
The euro has steadied on Monday, following sharp losses in the Friday session. EUR/USD is trading at 1.1060. In Spain, the election on Sunday failed to produce a clear winner, as no party mustered a...