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Forex market reviews

28 June 2018

Media reviews

Tina Pham

U.S. First Quarter GDP Growth Slows to 2.0% (news: 28/06/18)

The U.S. economy grew at a slower rate than initially reported in the first quarter, according to data released Thursday.
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Market sessions

Tomasz Wisniewski

Daily analytical report (28/06/18)

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There's a head and shoulders model on the EURUSD pair, the sell signal is on for silver, and we could get a double top on the USDCAD pair.
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Market sessions

Gabriel Ojimadu

EURUSD: a rebound from the lower border of the MA channel is possible

On Wednesday the 27th of June, the euro fell by 93 pips against the dollar to 1.1553. The fall of the euro/dollar pair was due to the overall strengthening of the US currency, despite the decline in 10-year US Treasury bond yields and weak statistics. The dollar was supported by reports that the White House could soften its stance regarding the limit on Chinese investments in the US. It didn't occur to me that the euro would drop below 1.16, so I was not prepared at all, as I thought that it would last for several days.
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27 June 2018

Media reviews

Tina Pham

Facebook Reverses Ban on Cryptocurrency Ads, Maintains Ban on ICOs (news: 27/06/18)

Facebook has updated its policy to allow cryptocurrencies to once again be advertised, while upholding its ban on the promotion of initial coin offerings (ICOs), in an announcement published Tuesday, June 26.
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Market sessions

Tomasz Wisniewski

Daily analytical report (27/06/18)

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Today there's a nice potential setup for a weaker euro. We don't have the proper trading signals yet, but these three pairs will in the very near future.
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Market sessions

Gabriel Ojimadu

EURUSD: Southerly movement is expected by close

On Tuesday the 26th of June, trading on the euro closed down. Euro bulls lost all of the gains made following the surge witnessed yesterday. The strengthening of the USD forced buyers to lock in profits. As for the weakening of the single currency, I see more technical factors at play than fundamental ones.
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Alexander Razuvaev
Alexander Razuvaev

Director of Alpari's analytical department

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Vadim Iossub

Senior Alpari analyst

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