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Forex market reviews

12 September 2018

Media reviews

Tina Pham

Tech stocks weigh on Wall Street, energy stocks help cut losses (news: 12/09/18)

(Reuters) - The benchmark S&P 500 and the Dow Jones Industrial Average were flat on Wednesday, as gains in energy companies helped offset a slide in technology stocks, which weighed on the Nasdaq.
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Market sessions

Tomasz Wisniewski

Daily analytical report (12/09/18)

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EURUSD still cannot decide if it wants to go up or down, AUDJPY is in a very technical downwards trend, and SP500 is defending major supports, thus delaying the thought of a bigger correction.
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Market sessions

Gabriel Ojimadu

EURUSD: the sideways trend continues

On Tuesday the 11th of September, trading on the euro closed slightly up against the dollar. The pair initially rose to 1.1644 before dropping to 1.1565. As I see it, these fluctuations were more the result of technical factors than fundamentals. I reckon that market participants are looking to gain a foothold somewhere ahead of tomorrow’s ECB meeting.
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11 September 2018

Media reviews

Tina Pham

Mark Carney agrees to stay at Bank of England until January 2020 (news: 11/09/18)

The governor of the Bank of England, Mark Carney, has agreed to continue in his post until the end of January 2020, the chancellor, Philip Hammond, has said.
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Market sessions

Tomasz Wisniewski

Daily analytical report (11/09/18)

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GBP is on the run thanks to the better GDP data and the positive rhetoric from Mr. Barnier, GBPCAD had a very strong bearish setup with two shooting stars on the daily chart bouncing from the downwards trend line and the horizontal resistance, and GBPJPY is still below the downwards trend line.
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Market sessions

Gabriel Ojimadu

EURUSD: a rebound to the balance line is likely

On Monday the 10th of September, trading on the euro closed up. The correction against Friday worked out. The price has recovered to 1.1616. It could go up higher, but was limited by a decrease in the exchange rate of the euro/pound cross pair.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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