Forex market reviews

Market sessions

11:10 (GMT+3)

EURUSD: sellers opened the way for buyers to 1.1360

On Monday the 17th of December, trading on the euro closed up. It recovered all of Friday's losses against the background of an overall weakening of the US dollar and reports that Italian politicians reached an agreement on a new 2019 draft budget.

Media reviews

Tina Pham

19:07 (GMT+3)

Euro Zone Annual Inflation Revised Down to 1.9% in November (news: 17/12/18)

Investing.com - Euro zone consumer price inflation for November was unexpectedly revised lower on Monday, adding to skepticism that the European Central Bank will be able to move ahead with an interest rate hike in 2019.

Cryptocurrencies

Tomasz Wisniewski

15:57 (GMT+3)

Bitcoin: on track to our target

We’re keeping an eye on bitcoin once again this week. We analysed the top cryptocurrency a week ago, and unsurprisingly, we were right! At the time of writing my previous piece, bitcoin was above 3,400 USD and we had a bearish outlook, saying that we should go much lower than this, having one particular target in mind.

Market sessions

Tomasz Wisniewski

15:43 (GMT+3)

CADJPY: one support left

This analysis is for traders who do not care much about the instrument they're trading on. Many market participants believe that technical setups work on any instrument and they go beyond the major pairs, gold, and oil. This analysis is about CADJPY, where we see a classic sell signal.

Market sessions

Tomasz Wisniewski

15:29 (GMT+3)

AUDNZD: testing the new resistance

The new week starts for us with an interesting trading opportunity on AUDNZD. This pair has recently been following the technical protocol with great accuracy, so it provides us with a very interesting occasion.

Market sessions

Matthew Anthony

10:09 (GMT+3)

EURUSD: dip expected following correction

On Friday the 14th of December, the euro fell to 1.1270 during the US session. The weakening of the euro was due to the publication of disappointing data concerning economic activity in the areas of manufacturing and services in the Eurozone and Germany, as well as the dollar rally against the background of favourable data in retail sales and industrial production in the US.