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Forex market reviews

09 February 2015

Market sessions

Vladislav Antonov

GBPUSD Correction after Friday’s fall

On Friday the pound/dollar rate dropped to 1.5209 after the publication of strong data on the American labor market. The NFP data exceeded market expectations and increased the probability of the US Fed increasing the rates in June this year.
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Market sessions

Vladislav Antonov

Monday: a corrective day

On Friday the euro/dollar rate dropped by 160 points following the publication of strong data on the American labor market. The NFP data exceeded market expectations and increased the probability of the US Fed increasing the rates in June this year.
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Trading ideas

Vladislav Antonov

Short-term Trading Idea FX USD/EUR: Bear Speculation: Developing on Ideas From 26th January

Trading opportunities for currency pair: recently Greece became once again a region of economic and political instability in the Eurozone. On Friday a report on the US labor market came out. On this news, the euro/dollar dropped 160 points. The tendency for the single currency dropping remains unchanged: TP1: 1.1125 and TP2: 1.0840. This idea is valid whilst the euro/dollar doesn’t close above the 1.1575 mark
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Trading ideas

Vladislav Antonov

Short-term Trading Idea FX GBP/USD: Bear Speculation: Developing on Ideas From 12th January

Trading opportunities for currency pair: after payrolls pound/dollar rate broke the trend line. Daily indicators unloaded, prepare for the onset of sellers. There’re two goals with this idea: 1.4950 and 1.4816. The scenarios for decrease will cease when the trend line is broken.
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04 February 2015

Market sessions

Vladislav Antonov

British Pound Strengthens Against Dollar on Data for Business Activity

Trades in Europe involving euro/dollar and pound/dollar pairs are showing mixed trends. Despite decent info on growth of business activity in the service sector across various regions of the Eurozone, the euro rate dropped to 1.1434. The pound/dollar grew 57 points to 1.5210 after the release of the PMI report in the UK.
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