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Forex market reviews

11 October 2018

Media reviews

Tina Pham

Sterling nears three-month high as EU summit approaches (news: 11/10/18)

LONDON (Reuters) - Sterling rose against a weaker dollar on Thursday on hopes of a Brexit deal, but concern among investors about the Ireland border issue kept gains in check.
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Market sessions

Tomasz Wisniewski

Daily analytical report (11/10/18)

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EURUSD created the right shoulder of the iH&S pattern, broke the neckline, and went higher, SP500 broke the combination of a dynamic and horizontal support, thus activating a super important sell signal, and bitcoin is bearish, having bounced from the upper line of the descending triangle pattern and broken the lower line of the flag.
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Market sessions

Gabriel Ojimadu

EURUSD: euro rising against the dollar with sharp pullbacks

On Wednesday the 10th of October, trading on the euro closed up. After a drop to 1.1480, the pair recovered to 1.1545. There are several potential factors behind this reversal.
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10 October 2018

Media reviews

Tina Pham

Euro steadies as dollar rally takes a breather (news: 10/10/18)

LONDON (Reuters) - The euro steadied on Wednesday near $1.15, moving away from seven-week lows after a fall in U.S. Treasury yields took some steam out of the dollar’s recent run.
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Market sessions

Tomasz Wisniewski

Daily analytical report (10/10/18)

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Tuesday might have been a crucial day for the EURUSD pair, USDCAD has two shooting stars in a row on the daily chart, and bitcoin is on the lower line of the flag formation.
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Market sessions

Gabriel Ojimadu

EURUSD: impulsive trading on the euro

On Tuesday the 9th of October, trading on the euro closed 5 pips down against the dollar. During the European session, the single currency dropped to 1.1432. The bulls recovered their losses in the US session, pushing the rate up to 1.1503. This upwards impulse was brought about by a renewed decline on the greenback, which occurred in response to a drop in US10Y bond yields.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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