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Forex market reviews

21 August 2018

Media reviews

Tina Pham

Britain extends lead as king of currencies despite Brexit vote (news: 21/08/18)

LONDON (Reuters) - Britain has extended its lead in the global currency trading business in the two years since it voted to leave the European Union, in another sign London is likely to continue to be one of the world’s top two financial centers even after Brexit.
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Market sessions

Tomasz Wisniewski

Daily analytical report (21/08/18)

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AUDJPY used the inverse head and shoulders pattern to come back above the long-term resistance at 80.7, gold is climbing higher and getting closer to test first important resistance on the 23.6% Fibo, WTI broke the neckline and the horizontal support around 66 USD/bbl, and EURUSD used the inverse head and shoulders pattern for a bullish reversal and reached an ultimate resistance.
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Market sessions

Gabriel Ojimadu

EURUSD: the price has reached the upper border of the MA channel

On Monday, the 20th of August, trading on the euro closed up. Following EURUSD's daily decline to 1.1394, growth returned with renewed force. The price was supported by speculation on the upcoming trade talks between the US and China, which will be held on the 22nd and 23rd of August. US 10-year Treasury yields fell, and demand for risky instruments has grown.
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20 August 2018

Media reviews

Tina Pham

EU says Greece can 'finally turn the page' as bailout ends (news: 20/08/18)

Greece has turned the page to become “a normal” member of the single currency, European Union authorities in Brussels declared as the country finally exited its eight-year bailout programme.
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Market sessions

Gabriel Ojimadu

EURUSD: buyers raised the rate above 1.14

On Friday, the 17th of August, trading on the euro closed up. The day turned out to be anything but calm. The movements were very impulsive. Volatility on the market was observed in the European and US sessions.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub
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