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S Crude Oil Inventories measures the change in the number of crude barrels held in inventory. The report is published each week. A reading which is higher than the market forecast is bullish for USD/CAD. Here are all the details, and 5 possible outcomes for USD/CAD...
Trading Systems
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Sherif Hasan, 21 June 2016, 18:45 #usd/cad, crude oil
EURUSD Daily Analysis URUSD (1.133): EURUSD closed bearish following the up gap on Monday as prices failed to break above the resistance near 1.140 – 1.1380. The ranging price action is likely to continue in the near term with the downside to 1.1294 – 1...
Trading Systems
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Sherif Hasan, 21 June 2016, 18:43 #xauusd
The pound is not alone in its reactions to the British EU Referendum. After all, it’s the EU and the euro-zone at stake here...
Trading Systems
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Sherif Hasan, 21 June 2016, 18:39
Trading strategies on the EU Referendum are piling up. Here is a totally different approach: not to trade it at all. Here is their view, courtesy of eFXnews: Overnight risk sentiment improved...
Trading Systems
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Sherif Hasan, 21 June 2016, 18:36
The opinion polls that had a clear momentum in favour of ‘Leave’ over recent weeks have indicated a shift with weekend opinion polls showing support has shifted back in favour of ‘Remain’. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en...
Analytics & Forecasts
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Vasilii Apostolidi, 21 June 2016, 17:58 #forex
This stage of USDJPY is Fibonacci 38.2% retracement. Next target point is 104.839...
Analytics & Forecasts
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Chang Suk Chung, 21 June 2016, 17:34 #Fibonacci
As a NAFTA signatory, Canada has a special trade relationship with the US and Mexico, although the bulk of trade, 74% of all exports and 55% of all imports is between the US and Canada...
Trading Systems
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Sherif Hasan, 21 June 2016, 16:21
The bears are back and this means safe haven flows. What’s next? Here is what the team at Morgan Stanley says: Here is their view, courtesy of eFXnews: The Bear is Back...
Trading Systems
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Sherif Hasan, 21 June 2016, 16:12
The Breferendum is just days away. Here is how to trade it according to Goldman Sachs: Here is their view, courtesy of eFXnews: Markets remain focused on the UK referendum and its implications for asset prices...
Trading Systems
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Sherif Hasan, 21 June 2016, 16:10
One comment sunk EURUSD down to 1.1263 "Further stimulus is in the pipeline" said the ECB head man, and the euro duly obliged by dropping a quick 30 pips. Of course, no one is really expecting any further action but the comment has caught some off guard...
Trading Systems
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Sherif Hasan, 21 June 2016, 16:03
GBPJPY: The cross closed higher on Monday and was seen following through higher as at the time of this analysis. On the downside, support comes in at the 154.00 level where a violation will aim at the 153.00 level. A break below here will target the 152.00 level followed by the 151.00 level...
Analytics & Forecasts
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FXTechstrategy.com, 21 June 2016, 14:57
Dear Traders, The British pound is exposed to extremely volatile trading conditions in the run-up to the U.K. referendum. Separate polls are showing leads for both sides, creating uncertainty among speculators...
Analytics & Forecasts
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maimarfx, 21 June 2016, 13:07
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 21st GBP/USD has broken through key resistance level of 1.47 this morning and now is testing three-week highs over this level...
Analytics & Forecasts
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EEAnalytics, 21 June 2016, 12:23
Polls and the eventual counting of votes will determine direction in GBP heading into June 23. A ‘remain’ outcome will see pound rally to around 1.50 against the dollar, while a ‘leave’ vote will see pound fall to around 1.30 against the dollar, and also see strength in yen...
Trading Systems
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Sherif Hasan, 21 June 2016, 10:10 #technical analysis
GOLD: The commodity continues to retain its upside pressure leaving risk higher in the days ahead. On the downside, support comes in at the 1,280.00 level where a break will turn attention to the 1,270.00 level...
Analytics & Forecasts
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FXTechstrategy.com, 21 June 2016, 03:36 #gold