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Technical analysis 02.11.18

EURUSD

The pair is trading above 1.1400 amid the surging demand for risk assets caused by Donald Trump’s  promise to offer a new trade deal to China at the G20 summit. This demand may even overwhelm positive US employment market data and lead to the pair’s growth, but only as …

Technical analysis 01.11.18

GBPUSD

The pair is trading above 1.2820 on the eve of the Bank of England monetary policy meeting. The meeting is not expected to bring favorable news for the GBP. Moreover, if the general market sentiment gets worse, the pair will likely reverse and drop.

The price is above the …

Technical analysis 31.10.18

EURUSD

The pair is trading on the level of 1.1340 following the release of data indicating a slowdown of the European economy, and the announcement of the German chancellor Angela Merkel that she would not seek reelection as leader of her party. 

The price is below the middle Bollinger band, …

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