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Forex market reviews

23 August 2018

Market sessions

Tomasz Wisniewski

Daily analytical report (23/08/18)

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Oil is cancelling the sell signal and coming back above two major resistances, there's a false breakout for bitcoin, and AUDUSD made a pullback, which tested the lower line of the triangle as the resistance.
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Market sessions

Gabriel Ojimadu

EURUSD: 1.15 looming again on the horizon

On Wednesday, the 22nd of August, trading on the euro closed up. After the publication of the minutes of the FOMC meeting, buyers tried to induce a rebound from 1.1581, but on Thursday during the Asian session, sellers returned it to 1.1542.
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22 August 2018

Media reviews

Tina Pham

S&P 500 bull market now arguably the oldest ever (news: 22/08/18)

(Reuters) - The S&P 500's .SPX bull market turned 3,453 days old on Wednesday, making it the longest such streak in history, according to some investors' definition.
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Market sessions

Tomasz Wisniewski

Daily analytical report (22/08/18)

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EURUSD used the inverse head and shoulders formation to climb back above the major horizontal resistance, NZDUSD has reached an important resistance created by the correction equality pattern and the horizontal line at 0.672, and AUDCAD tested the major long-term horizontal resistance.
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Market sessions

Gabriel Ojimadu

EURUSD: the upward movement is nearing completion

On Tuesday, the 21st of August, trading on the euro closed up. The euro rose to close the day at 1.1601 amid a general weakening of the US dollar and a decline in US bond yields.
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Alexander Razuvaev
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