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Forex market reviews

13 June 2016

Media reviews

Natalya Indeeva

Osborne Urges Businesses to Speak Out Over Brexit Concerns (News: 13/06/16)

U.K. Chancellor of the Exchequer George Osborne called for pro-European Union businesses to speak up about their concerns as polls suggest momentum is building for a vote to leave the bloc.
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Market sessions

Vladislav Antonov

Expected Euro Correction to 1.1285 After Friday

The euro/dollar was trading above the 112th degree on Friday before the American session. The rate was under pressure due to the dollar strengthening. This was caused by a weakening of the British pound after the publication of new Brexit survey results. According to data from the ORB for The Independent newspaper, 55% of respondents are ready to vote leave, with 45% to vote remain. The euro by US trading close was down to 1.1245.
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10 June 2016

Media reviews

Natalya Indeeva

3 Precious Metals Stocks That Glitter (News: 10/06/16)

You don’t have to be a “Gold Bug” to buy precious metals stocks. In fact, investors of every type and risk profile should consider owning some gold today. Why? For starters, the price of gold is uncorrelated to just about any other asset except silver. And that’s a good thing when it comes to reducing the risk in your portfolio. Even though gold fluctuates in price over time, it will reduce the risk and year-to-year fluctuations in your portfolio.
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AUS200 Mid Term Update – Weekly Resistance Level Still in Place and Respected, But....

The Resistance Levels in the 5400-5430 area, defined by a series of Bearish Candle Patterns (small red arrows), today there’s Bear Sash/Dark Cloud Cover in addition to Resistance provided by the sloping trend line of the Weekly Descending Channel (drawn in dashed red) have contributed to reject, to date, all the bull attempts to break higher.
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Market sessions

Vladislav Antonov

Expected Euro Strengthening

After a break in the support at 1.1375 and the balance line (average line with a 55 period) on Thursday, the euro/dollar dropped to 1.1305 without a pit stop. The buyers were pushed into closing long positions by the yen crosses.
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Alexander Razuvaev
Alexander Razuvaev

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