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Forex market reviews

05 September 2018

Media reviews

Tina Pham

Sterling jumps to a three-day high on Brexit breakthrough hopes (news: 05/09/18)

LONDON (Reuters) - Sterling jumped on Wednesday, rebounding off a two-week low, after a Bloomberg report that the United Kingdom and Germany were prepared to drop a key sticking point on Brexit negotiations fuelled hopes of a breakthrough in talks.
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Market sessions

Tomasz Wisniewski

Daily analytical report (05/09/18)

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EURUSD tested the 1.153 support, USDCAD has a beautiful buy signal, and GBPJPY is continuing the downswing after the price bounced from four important resistances.
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Market sessions

Gabriel Ojimadu

EURUSD: bulls trying to turn the tide

On Tuesday the 4th of September, trading on the EURUSD pair closed slightly down, although the rate dropped as far as 1.1530 during the US session. The pair hit a new low after a strong ISM manufacturing PMI report for the US. The index came out at its highest since 2004. The value for August was 61.3 against a forecast of 57.6 and a previous reading of 58.1.
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04 September 2018

Media reviews

Tina Pham

Wall Street drops as tech stocks, Nike weigh (news: 04/09/18)

(Reuters) - U.S. stocks tumbled on Tuesday as a drop in heavyweights Facebook and Nike added to worries over trade negotiations between the United States and other major economies.
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Market sessions

Tomasz Wisniewski

Daily analytical report (04/09/18)

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GBPUSD is extending losses, but it's no surprise here as the bearish setup is very technical, yesterday EURAUD created a doji on the daily chart, and on the H1 chart we got a head and shoulders pattern, and GBPJPY has a great sell signal after bouncing from a combination of four strong resistances.
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Market sessions

Gabriel Ojimadu

EURUSD: correction could continue through to Thursday

On Monday the 3rd of September, trading on the euro closed slightly up. Exchanges were closed in the US and Canada due to national holidays. This of course meant that activity was low during the US session. As trading closed in Europe, the euro had recovered to 1.1628.
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Alexander Razuvaev
Alexander Razuvaev

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