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Forex market reviews

12 May 2016

Media reviews

Natalya Indeeva

Bank of England Issues Starkest Warning Yet on ‘Brexit’ (News: 12/05/16)

The Bank of England said Thursday that a vote to leave the European Union could slam the brakes on growth in the U.K., push up unemployment and stoke inflation, in its clearest warning yet about the potential economic costs surrounding a referendum on membership next month.
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AUS200 Update – Confluence of Signals

As mentioned as a possibility in the previous analysis, the AUS200 continued its climb until reaching a previous turncoat resistance and the upper part of a descending channel based on W chart (drawn in dotted red).
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Market sessions

Vladislav Antonov

Euro Breaks from Trend Line

The euro/dollar on Wednesday restored from 1.1370 to 1.1446. Over the course of the day, the euro bulls found support from the euro/pound cross rate. The pound weakened against the euro after UK industrial production and manufacturing data came out.
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11 May 2016

Media reviews

Natalya Indeeva

No Let Up. Saudi Arabia to Increase Oil Production

Chief executive Amin Nasser says that production will increase in 2016, ahead of a share sale that could value the company at over $2 trillion (£1.4 trillion) - four times the value of Apple.
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Market sessions

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EURUSD, AUDUSD, NZDUSD of Interest Today

Today we are looking at the most interesting things going on on the Forex market, offering the most promising trades from the point of view of Gann’s methods.
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Market sessions

Vladislav Antonov

No Strengthening Factors for Euro

On Tuesday the euro was trading mixed against the USD due to a lack of important economic data. The battle went on around the LB at 1.1390. The euro didn’t make it to the 1.1345 calculated level. Due to oil going up, the rate managed to restore to 1.1409.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub
Vadim Iossub

Senior Alpari analyst

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