June 2017

Recently, Gold has been trading sideways at the price of $1,244.00. According to the 4H time frame, I found a diamond formation in creation. Currently the price is testing the upward trendline and my advice is to watch for buying opportuntiies. The fir…

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Recently, the GBP/USD pair has been trading downwards. The price tested the level of 1.2959. According to the 15M time frame, I found broken upward channel and hidden bearish divergence in the background, which is a sign that buying looks risky today. …

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Global macro overview for 30/06/2017:The inflation in Japan stays low again according to the data. The National CPI index in the month of May was released at the level of 0.4%, a little bit lower than the forecast for a 0.5% rise, but at the same level…

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Global macro overview for 30/06/2017:Upbeat data from the US economy did not prevent the US Dollar from falling. The Final GDP data from the US was revised up to 1.4% from 1.2%, mainly due to better indicators of personal consumption expenditure, which…

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The EUR/USD continues to rise to multi-month highs, as investors speculate over what Mario Draghi recently said. The unease associated with the words “normalization of monetary policy”, “reflation”, “temporary nature of slowing inflation”, is gradually…

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