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EUR/USD: general review Current trend The EUR/USD pair continues strengthening. Today, data on the labour market is due to be published in the US. Continuing Jobless Claims are expected to fall to 2.215 million that could support the US Dollar. Also today, Fed’s Bullard speech is due...

AUD/USD: pair in correction Current trend The pair is in correction after a significant fall of the begging of the year. The pair was supported by today’s data on Trade Balance from China that came out better than expectations and slightly calmed worries on the market regarding the Chinese...

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XAU/USD: general review Current trend Gold continues strengthening amid economic crisis in China, where within the first few minutes of trade the CSI300 index fell by almost 7% thus forcing the authorities to stop operations on the stock market. In addition, markets are worried about...

EUR/USD: technical analysis EUR/USD, D1 On the daily chart, the pair is correcting down from the middle MA of Bollinger Bands as it bounced off the top border of a descending channel. The price remains below the EMA130 and EMA65, both directed slightly down. The RSI failed to retest its end of...

AUD/USD: pair is falling Current trend Yesterday the pair continued falling amid strengthening since the beginning of the week US Dollar. The Dollar was supported by growing tensions in the Middle East between Saudi Arabia and Iran. In addition, the pair is under pressure amid slowing...

EUR/USD: technical analysis EUR/USD, D1 On the daily chart, the pair has failed to break out the 61.8% Fibonacci fan line and turned down. The price is falling along the lower MA of Bollinger Bands and is currently forming the second close below the line. The price remains below its moving...

USD/JPY: pair fell Current trend Since the beginning of the week, the pair significantly fell amid growing tensions in the Middle East where Saudi Arabia on Sunday cut off their diplomatic ties with Iran. At present, investors prefer to switch their funds into safe-haven currencies, one of...

USD/CAD: general review Current trend Last week there were very few macroeconomic publications and the pair was trading in the narrow range. The pair was pressured by poor US data on Jobless Claims and Pending Home Sales that came out worse than forecasts. Today attention needs to be paid to...

GBP/USD: pair trades flat Current trend On Wednesday, the GBP/USD pair ended the trading day at the opening level of 1.4815. Trading volumes remain low today, but the volatility might increase during the publication of ECB Monetary Policy Meeting Accounts and a series of indicators from the...

GBP/USD: general analysis Current trend Nationwide Housing Prices data has been released today in the UK. Despite the indicator came in at 4.5% in annual terms, the GBP/USD pair fell to its April lows. At present, a correction might start – the price has turned up and is trading in the area...

Brent: review and forecast Current trend Yesterday, the price of Brent crude oil fell when the American Petroleum Institute published its weekly estimate of US crude oil inventories. Last week, crude oil stocks increased by 2.9 million barrels while analysts expected a decline by 2.5 billion...

XAU/USD: pair remains within range Current trend On Monday, the price of gold declined by 0.7% to $1068 per ounce. US Fed aims at gradual tightening of monetary policy. As long as the US Dollar will be strengthening, the price of gold is likely to remain under pressure. Borrowing costs for...

XAU/USD: pair remains within range Current trend On Monday, the price of gold declined by 0.7% to $1068 per ounce. US Fed aims at gradual tightening of monetary policy. As long as the US Dollar will be strengthening, the price of gold is likely to remain under pressure. Borrowing costs for...

XAU/USD: pair remains within range Current trend On Monday, the price of gold declined by 0.7% to $1068 per ounce. US Fed aims at gradual tightening of monetary policy. As long as the US Dollar will be strengthening, the price of gold is likely to remain under pressure. Borrowing costs for...

XAG/USD: general review Current trend Yesterday the pair fell and lost about 50 points. Market volatility is expected to be low today. Attention needs to be paid to data on the S&P/Case-Shiller Home Price Indices in the US. According to forecasts, the index will fall that might pressure...

XAG/USD: pair corrected Current trend Last week the pair slightly strengthened amid closing of short positions by traders prior to Christmas holidays. In addition, gold and silver prices were supported by growing oil prices that managed to strengthen after the publication of oil reserves...

USD/JPY: general analysis Current trend The Japanese Yen continues strengthening against the US Dollar amid the publication of BoJ economic report. Initial Jobless Claims statistics are due today in the US. Analysts expect the indicator to be down by 1K to 270K. Such dynamics suggests...

AUD/USD: growth in oil prices supported AUD Current trend Yesterday, after the Energy Information Administration reported a fall in US crude inventories, the price of oil grew by 3.8%. Since opening of the trading day, the AUD/USD pair has been strengthening amid a growth in commodity...