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Forex market reviews

05 April 2017

Media reviews

Tina Pham

FOREX-Dollar advances after robust U.S. private sector jobs report (news: 05/04/17)

The U. S. dollar gained against the yen on Wednesday for the first time in four days after a report showed U. S. private sector employers created more jobs than expected in March, suggesting a stable labor market and supporting forecasts for at least two more interest-rate hikes this year The greenback also rose against the euro and Swiss franc while trimming losses against the pound after the employment data.
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Market sessions

Tomasz Wisniewski

Daily analytical report (05/04/17)

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Oil, DAX, SP500
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Market sessions

Gabriel Ojimadu

EUR/USD: buyers poised to break through the trend line

Trading on the EUR/USD currency pair closed up at the end of Tuesday's session. The single currency appreciated against the greenback from 1.0635 to 1.0671. The daily candlestick closed to form a hammer, emitting a bullish signal.
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04 April 2017

Market sessions

Tomasz Wisniewski

Daily analytical report (04/04/17)

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GBPUSD, GBPCAD, AUDNZD
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Market sessions

Gabriel Ojimadu

EUR/USD: correction overdue

The EUR/USD instrument closed up after trading on Monday, leaving a long tail on the daily candlestick. There is an increased probability of the EUR/USD going through a correctional phase given that the EUR/GBP cross now favours buyers, with the pair's three-day slide having come to an end.
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