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Technical analysis 19.06.18

USDJPY

The pair is trading below 109.90 as the demand for protective assets increases because of the de facto trade war between Washington and Beijing. Considering this, it’s safe to assume that the pair will resume its local decline while forming the Double Top pattern.

The pair is below the …

Technical analysis 18.06.18

EURUSD

The pair is trading above 1.1575 following a small upwards correction. The general pressure of the USD remains, while the prospect of the Fed and the ECB monetary policies diverging isn’t in favor of the American currency. Considering this, the further decline of the pair is expected.

The price …

Technical analysis 15.06.18

EURUSD

The pair is trading above 1.1550 as the eurozone consumer inflation data is expected to be released. If the data turns out to be strong, the pair may go upwards to 1.1520, but most probably it will resume its fall even against the background of positive data. However, if …

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