It's our 19th anniversary!

Forex market reviews

07 August 2018

Media reviews

Tina Pham

New Trump sanctions on Iran take effect despite pleas from allies (news: 07/08/18)

BEIRUT/LONDON (Reuters) - U.S. President Donald Trump pledged on Tuesday that firms doing business with Tehran would be barred from the United States, as new U.S. sanctions against Iran took effect in spite of pleas from Washington’s allies.
0

Market sessions

Tomasz Wisniewski

Daily analytical report (07/08/18)

Loading...
Data cannot be shown.
USDJPY is still under the influence of the inverse head and shoulders pattern, which in the last week resulted in a nice buy signal, EURAUD finally broke the lower line of the sideways trend that has lasted for the past few weeks, and CHFJPY is having a great pattern on the weekly chart.
0

Cryptocurrencies

Gabriel Ojimadu

XBTUSD Bitmex: buyers have broken the trend line

The zone between 6,790 and 6,845 USD has been providing support to buyers for the last 3 days. Sellers have tried to break through it 5 times to no avail. In today’s European session, buyers have broken the trend line.
0

Market sessions

Gabriel Ojimadu

EURUSD: the trend line is broken, and the bullish phase has begun

The euro began trading in the new week down, dropping in the US session to 1.1530. The pressure on the single currency came from the general strengthening of the US dollar against the backdrop of an empty economic calendar.
0
06 August 2018

Media reviews

Tina Pham

Sterling sinks to 11-month low after Fox says no-deal Brexit likely (news: 06/08/18)

LONDON (Reuters) - The pound sank to an 11-month low on Monday as comments by officials about Brexit stoked fears among currency investors that Britain could soon crash out of the European Union without securing a trade agreement.
0

Trading ideas

Gabriel Ojimadu

Short-term trading idea FX NZDUSD – bull speculation: correction from the lower line of the 2-2 channel looks likely

There’s a familiar pattern on the weekly timeframe, by which we could see the Kiwi dollar start an upwards correction after the RBNZ meeting. If prices reverse along the same trajectory as the previous drop, the immediate target will then be 0.6990. This outcome is still on the cards as long as the pair is trading above 0.6660.
0

Market sessions

Gabriel Ojimadu

EURUSD: risks have risen through the hour-long trend line

On Friday the 3rd of August, trading on the euro closed down. High volatility was observed in light of the publication of the the US labour market report.
0

Choose a period:

Our analysts

Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

## ojimadu name
## ojimadu name

## ojimadu position

Vadim Iossub
Vadim Iossub

Senior Alpari analyst

See all analysts
Back to top