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Forex market reviews

05 July 2018

Media reviews

Tina Pham

Tina Pham

Trade war could hurt these economies far more than U.S., China (news: 05/07/18)

LONDON (Reuters) - Investors watching the trade tit-for-tat between the United States and China may well have reason to fear the havoc a full blown conflict between the world’s two biggest economies could wreak on the global economy.
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Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (05/07/18)

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The GBPJPY pair broke two downwards trend lines and the upper line of the pennant formation, the EURJPY pair has been caught within a tight range between 128.6 and 129.5 for the past few days, and EURUSD pair defended the mid-term horizontal support and the long-term upwards trend line.
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Market sessions

Gabriel Ojimadu

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EURUSD: euro looking up with renewed vigour

On Wednesday the 4th of July, trading on the euro closed slightly up. The US had a national holiday, so market activity was pretty low. In the first half of the day, the single currency dropped to 1.1631. In the US session, the rate recovered to 1.1675.
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04 July 2018

Media reviews

Tina Pham

Tina Pham

Top 5 Things To Know In The Market On Wednesday (news: 04/07/18)

Investing.com - Here are the top five things you need to know in financial markets on Wednesday, July 4.
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Market sessions

Tomasz Wisniewski

Tomasz Wisniewski

Daily analytical report (04/07/18)

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There's a very nice setup on the USDJPY pair, the AUDUSD pair tried to create a triple bottom formation with a strong divergence on the MACD, and gold is trying a reversal.
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Market sessions

Gabriel Ojimadu

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EURUSD: pair technically ready for a drop to 1.16

On Tuesday the 3rd of July, trading on the euro closed slightly up. The single currency recovered to 1.1673 at the opening of the European session before the market entered a correctional phase. Positive US data gave the dollar some respite. The number of factory orders exceeded expectations and posted an increase on last month’s value.
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