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Technical analysis 21.06.18

GBPUSD

The pair is trading below 1.3145 as the outcome of the Bank of England monetary policy meeting is expected to be revealed today. The interest rates and the volume of assets buyout will most likely stay on the previous levels, while the regulator may indicate that the interest rates …

Technical analysis 20.06.18

USDCAD

The pair is trading above 1.3300. The restoration of crude oil prices may put it under pressure and let the price go lower, but the trade war between the US and NAFTA (which also includes Canada and Mexico) may push the pair upwards again after a local rebound downwards. …

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 …

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