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Forex market reviews

11 May 2016

Media reviews

Natalya Indeeva

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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

## ershov

Alexey Yershov

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

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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10 May 2016

Media reviews

Natalya Indeeva

## indeeva name

Sterling Сould Fall 20% After EU Vote (News: 10/05/16)

The pound could fall by as much 20 per cent if Britain votes to leave the European Union this summer, according to the National Institute for Economic and Social Research (NIESR).
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Commodities

Vladislav Antonov

Vladislav Antonov

Brent: Sellers Targeting $42.20

On Monday Brent closed at $46.15 per barrel. The price gap was +1.8%. Oil was up due to the Saudi minister for oil losing his positions and the forest fires in Canada.
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Market sessions

Vladislav Antonov

Vladislav Antonov

Euro/Dollar Trading Close to Daily Trend Line

On Monday the euro/dollar spent the day in a 1.1374 – 1.1419 price range. The euro was consolidating underneath the LB. The dollar was hanging on to its position after Friday’s weak NFP on expectations that wage growth in the US will continue and the Fed will raise rates another two times this year. Judging by the futures for the rates, the Fed will put their rates up one more time, but no earlier than September.
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