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Forex market reviews

24 October 2016

Market sessions

Gabriel Ojimadu

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EUR/USD: factors indicating a correction

On Friday, 21st October, the euro/dollar closed down. During the day three bottoms formed at 1.0896 (Asia), 1.0878 (Europe) and 1.0859 (USA). Pressure on the euro came from Draghi’s announcements on Thursday and his press conference after the ECB convened, in addition to expectations of a US rate rise before the end of the year.
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21 October 2016

Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (21/10/16)

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EURUSD, AUDUSD, USDCHF,WTI and AUDCAD.
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