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With the referendum vote over the UK’s future membership of the EU being held on Thursday, traders are preparing for the possibility that the UK electorate will vote to leave the EU...
Trading Systems
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Sherif Hasan, 22 June 2016, 19:09
GBPUSD GBPUSD is trading higher in front of the Brexit vote. This move up is close to completing a five wave structure from blue wave B lows. For now we still expect a minor pullback in red wave 4) and a push up in red wave 5 to around 1.4840 area...
Trading Systems
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Sherif Hasan, 22 June 2016, 19:06
Below is usdjpy H1 chart. Ichimoku kinko hyo, heiken ashi and fibonacci retracement are showed in chart. Chikou span is touching historical candle. And now candle is moving over senkou span A. Next resistance level is located at fibonacci 38.2% retracement...
Analytics & Forecasts
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Chang Suk Chung, 22 June 2016, 18:34 #Fibonacci, Ichimoku
Daily economic digest from Forex.ee Stay informed of the key economic events Wednesday, June 22nd GBP/USD remains nervous last days awaiting outcome of UK referendum despite the latest polls results showing favor in “Remain” camp...
Analytics & Forecasts
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EEAnalytics, 22 June 2016, 12:27
EUR/USD: We are cautiously bullish and look for a move higher towards initial targets near 1.1420. A move above would point towards the 1.1505 area next. Copy signals, Trade and Earn $ on Forex4you - https://www.share4you.com/en/?affid=0fd9105 USD/JPY: No change...
Retracing the declines this week The USDJPY has traded to new session highs in the last 20 or so minutes and also gets close to retracing the falls from yesterday (into today). The highs from yesterday at 104.79 and 104.836 (also the high from Friday at 104...
Trading Systems
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Sherif Hasan, 21 June 2016, 20:31
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