Gabriel was born on 14th January, 1982. In 2009 he became a graduate of Business Technology, and later earned a Post Graduate Certificate in Management.
Gabriel has been working in the banking sector since 2007, developing a more detailed interest in Forex in 2011. From 2013 onwards, Gabriel began Forex coaching: teaching both privately and at investment seminars. Gabriel prefers to combine technical analysis with fundamental analysis in order to pinpoint price levels.
Working at Alpari since May 2014.
Hobbies: tennis; reading.
The euro closed slightly up after trading on Monday. The single currency appreciated against the dollar to 1.0631 following a rise on the EUR/GBP cross and increased 10-year German bond yields.Further info
On the weekly chart, a doji and a bearish signal have formed on the Stochastic oscillator. On the daily chart, a double top has formed. Moreover, there is a bearish divergence on the AO and CCI indicators. In this idea, I'm envisaging a fall in the rate to the trend line at 0.7480 by the 27-29th of March 2017. If this fall gathers pace and the rate closes below the trend line, then we might see a slide to 0.7262. It would be prudent to rule out such a fall if the daily candle closes above 0.7790.Further info
On Friday, trading on the euro closed up. According to cycles, the rate should restore to around the 0.8600 mark. A CCI level of -100, as well as the intersection of the slow and fast lines on the Stochastic oscillator, should facilitate a strengthening of the euro against the pound. Polling data for the French presidential candidates remains the main driver for the single currency.Further info
On Friday, trading on the euro closed in the red. Trading in Europe saw a renewed maximum for the euro before falling back against the dollar after the release of favourable statistics to the US. Data about consumer confidence for February and home retail sales for January exceeded market expectations. On the back of this news, the EUR/USD rate slid from 1.0618 to 1.0557.Further info
Trading on the euro on Wednesday closed up. In the first half of the day, the euro fell against the dollar to 1.0494 on the back of a rise in premiums over political risks. A ricochet from the session minimum followed at 18:38 (GMT+3) after François Bayrou, leader of the "Democratic Movement" party, confirmed that he would not stand in France's presidential election, opting instead to throw his weight behind independent candidate Emmanuel Macron.Further info
On Tuesday, trading on the euro closed down at 1.0530. The euro came under pressure from the release of a public opinion survey in France and the speech from the head of the Philadelphia Fed, Patrick Harker.Further info
Trading on the euro on Monday closed slightly up (+4 points). During trading in Europe, buyers were unable to renew the Asian maximum of 1.0633. Following the EUR/GBP cross's fall, and yesterday's national holiday in the US, the EUR/USD rate spent the day within a 30-point range, from 1.0603 to 1.0633.Further info
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