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Forex market reviews

17 January 2019

Market sessions

## anthony

EURUSD: sellers have moved to 1.1330

On Wednesday the 16th of January, the euro fell slightly against the US dollar and the British pound. It remained under pressure following the comments of ECB head Mario Draghi, who told the European Parliament that the recent economic performance of the eurozone was worse than expected, and that the economy still needs substantial stimulation in the face of uncertain external factors.

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14 January 2019

Metals: gold and silver

Tomasz Wisniewski

Gold starts 2019 on the front foot

Mid-2018 may not have been the best time for gold but the end of the year was awesome. The beginning of January has basically seen a continuation of the positive sentiment on this precious metal, occasionally strengthened by additional factors.

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Market sessions

Tomasz Wisniewski

GBPUSD: the buy signal is confirmed

Cable is starting the week on the front foot.
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Market sessions

Tomasz Wisniewski

EURGBP escapes from the rectangle

EURGBP finally ended the sideways trend that had been present on the chart since the 7th of December. The pair was locked inside a rectangular pattern (green lines) with a tight range of 120 pips. Traders finally decided to head south, and in terms of the risk-to-reward ratio, this could provide a great trading opportunity.

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