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Analysts at UOB Group explained that the Reserve Bank of Australia June Rate Meeting Minutes on Tuesday (20 Jun) showed that the central bank continued to believe it is appropriate to keep accommodative stance of policy unchanged...
Currency
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Roman Vashchilin, 21 June 2017, 19:28
Analysts at Scotiabank explained that comments from BoE economist Haldane that favoured removing some stimulus echoes the sentiment revealed by last week’s 5-3 split on holding policy unchanged at the BoE’s latest policy meeting...
Currency
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Roman Vashchilin, 21 June 2017, 19:26
GOLD: The commodity continues to face downside pressure on bearishness. On the downside, support comes in at the 1,240.00 level where a break will turn attention to the 1,230.00 level. Further down, a cut through here will open the door for a move lower towards the 1,220.00 level...
Analytics & Forecasts
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FXTechstrategy.com, 21 June 2017, 15:23
No one should think that Amazon’s (AMZN) innovative play for Whole Foods is a done deal. News of Amazon’s acquisition of the grocer (WFM) for $13.4bn shocked up the grocery industry and sent big box retailers' stocks tumbling...
Market News
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Jiming Huang, 21 June 2017, 13:36
Yesterday's collapse of oil to a seven-month low clearly punctuates the demise of OPEC in our view. The thin veil of control that markets provided to this dysfunctional committee is no longer...
Market News
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Jiming Huang, 21 June 2017, 13:35
Estimated levels for today: Support (S1 / S2 / S3 = 45.65 / 24 / 44.58), resistance (R1 / R2 / R3 = 46.17 / 47.38 / 48.04). The key resistance levels (1 st from 47.38 to 46.55 at the end of the day, 2nd from 47.51 to 46.77...
Analytics & Forecasts
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oleksandr bilokon, 21 June 2017, 12:24
Daily economic digest from Forex...
Analytics & Forecasts
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EEAnalytics, 21 June 2017, 12:24
Estimated levels for today: Support (S1 / S2 / S3 = 1241.92 / 1240.31 / 1237.71), resistance (R1 / R2 / R3 = 1247.12 / 1248.73 / 1251.33). The key levels of resistance (1 st from 1247.94 to 1243.87 at the end of the day, 2nd ox 1249.89 to 1248.28...
Analytics & Forecasts
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oleksandr bilokon, 21 June 2017, 12:19
As you know, last week the Bank of England kept its interest rate at 0.25%; however, it surprised the market participants. Three of the eight members of the Monetary Policy Committee voted to tighten monetary policy, citing signs of accelerating inflation in the UK...
Analytics & Forecasts
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TifiaFX, 21 June 2017, 11:41 #fundamental analysis, Fed
USD/JPY The pair is consolidating under the technical correction. Yesterday it could not go through the resistance 111.80 despite the strengthening of the dollar across the market...
Analytics & Forecasts
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Real Trade, 21 June 2017, 10:41
Gold Spot Gold bounce from 1242/41 meets the 100 day moving average resistance at 1247/48 & we should struggle here again. Although there is no buy signal we are severely oversold so just bear in mind we could see a small correction higher...
Analytics & Forecasts
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Tamas Molnar, 21 June 2017, 09:41 #resistance, gold
EURNZD is a good pair for trend trading. This is how the trend can develop on EURNZD. EUR/USD is falling and NZD/USD is rising. So EUR/NZD will fall strongly But we don't need to look at EUR/USD and NZD/USD charts...
My Trading
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Ahmad Hassam, 21 June 2017, 08:05 #forex
The GBP/USD faced a new selling pressure in the NA session after a recent report by Sky News suggested that the negotiations between the Prime Minister May's Conservatives and the Northern Irish DUP were not proceeding in the way the DUP would have expected...
Currency
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Roman Vashchilin, 20 June 2017, 20:57
Forex Beginner Tip 1. Money Management Rule number 1 for every forex trader is to survive. Every trader has losing trades, but when you go broke you can put yourself in a position where you can no longer have winning trades...
Trading Ideas
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Roman Vashchilin, 20 June 2017, 18:37
A week after the SNB kept rates unchanged, the State Secretariat for Economic Affairs in Bern has issued economic forecasts for Switzerland. The GDP growth in 2018 is expected to reach 1.9% y/y (currently at 0.9%). In the same time, the SECO is forecasting exports to reach 3...
Market News
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Jiming Huang, 20 June 2017, 13:59
The Brazilian real was unable to recover completely from the panic sell-off that took place after the alleged corruption of President Michel Temer. After spiking USD/BRL to 3.40, the real stabilised at between 3.25-3.30, far above the 3.10 level prior to the revelations...
Analytics & Forecasts
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Jiming Huang, 20 June 2017, 13:57
Estimated levels for today: Support (S1 / S2 / S3 = 1242.52 / 1239.55 / 1234.73), resistance (R1 / R2 / R3 = 1252.16 / 1255.13 / 1259.95). The key levels of resistance (1 st from 1219.02 to 1238.85 at the end of the day, 2nd wind 1217.51 ​​to 1229.78...
Analytics & Forecasts
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oleksandr bilokon, 20 June 2017, 12:51
Estimated levels for today: Support (S1 / S2 / S3 = 46.89 / 65/28), resistance (R1 / R2 / R3 = 47.64 / 88 / 48.26). The key resistance levels (1 st from 47.39 to 47.38 at the end of the day, 2nd from 47.84 to 47.41...
Analytics & Forecasts
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oleksandr bilokon, 20 June 2017, 12:48
In mid-morning trading, the FTSE 100 is 17 points higher, while Mark Carney does his best to talk down the pound...
Analytics & Forecasts
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Valeriy Brusilovskyy, 20 June 2017, 12:32
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 20th The GBP/USD pair was consolidating its yesterday’s decline within 1.2730-40 range throughout the Asia, backed by jitters surrounding Brexit negotiations...
Analytics & Forecasts
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EEAnalytics, 20 June 2017, 12:25