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Forex market reviews

04 September 2018

Media reviews

Tina Pham

Wall Street drops as tech stocks, Nike weigh (news: 04/09/18)

(Reuters) - U.S. stocks tumbled on Tuesday as a drop in heavyweights Facebook and Nike added to worries over trade negotiations between the United States and other major economies.
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Market sessions

Tomasz Wisniewski

Daily analytical report (04/09/18)

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GBPUSD is extending losses, but it's no surprise here as the bearish setup is very technical, yesterday EURAUD created a doji on the daily chart, and on the H1 chart we got a head and shoulders pattern, and GBPJPY has a great sell signal after bouncing from a combination of four strong resistances.
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Market sessions

Gabriel Ojimadu

EURUSD: correction could continue through to Thursday

On Monday the 3rd of September, trading on the euro closed slightly up. Exchanges were closed in the US and Canada due to national holidays. This of course meant that activity was low during the US session. As trading closed in Europe, the euro had recovered to 1.1628.
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03 September 2018

Media reviews

Tina Pham

Top 5 Things to Know in The Market on Monday (news: 03/09/18)

Investing.com - Here are the top five things you need to know in financial markets on Monday, September 3.
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Market sessions

Tomasz Wisniewski

EURAUD could finally see a correction

EURAUD had a tremendous end of the month. August did not start well, but it ended great. At the beginning of the month, the price broke the lower line of the sideways trend and went down. Many traders expected to see the right shoulder of the H&S pattern, but instead, the price bounced from the major upwards trend line and went higher. Since the bounce, we have only seen movement in one direction.
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Market sessions

Tomasz Wisniewski

GBPJPY back in a downwards trend

Not very often do we see a situation with all the technical factors pointing in the same direction. Usually, when you see setups like that, you should not hesitate and just trust the process. Ladies and gentlemen, here is a sweet price action setup on one of the most volatile pairs on the market – GBPJPY.
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Market sessions

Tomasz Wisniewski

GBPUSD is bouncing from a major resistance

One of the best setups at the beginning of the week can be found on GBPUSD. The pair is on the back foot, and the main reasons for that, from the fundamental standpoint, are the weaker PMI number and the new comments from Mr. Barnier regarding Brexit. This comes in line with the technical analysis, which was giving us a sell signal as early as on Friday.
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Market sessions

Gabriel Ojimadu

EURUSD: with no US session, our pair may remain within Friday’s range

On Friday the 31st of August, trading on the euro closed down. The single currency corrected to 1.1690 against the dollar during the European session, which became the intraday high. From there, the pair tanked to hit 1.1585.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Senior Alpari analyst

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