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USD/JPY analysis for June 22, 2018

Recently, USD/JPY has been trading sideways at the price of 110.13. . According to the H1 time - frame, I found a broken supply trendline in the background and a potential end of the upward correction (abc), which is a sign that buying looks risky. I a... [...]

Analysis of GBP/USD for June 22, 2018

Recently, GBP/USD has been trading upwards. The price tested the level of 1.3300. According to the H1 time frame, I found a breakout of the supply trendline in the background, which is a sign that buyers are in control. I also found a hidden bullish di... [...]

Global macro overview for 22/06/2018

In line with market expectations, the Swiss National Bank announced that the deposit rate would remain unchanged at -0.75%. It is worth recalling that the deposit interest rate is at such a record low level since January 2015, which was then connected ... [...]

Global macro overview for 22/06/2018

Global macro overview for 22/06/2018:The Bank of England leaves the rates unchanged, but pressure to hike increases.The key interest rate of the Bank of England was maintained at 0.5% in line with expectations. It is a surprise, however, that Haldane j... [...]

Trading plan for 22/06/2018

USD is continuing a landslide, started on Thursday afternoon, although the changes at night are small. Positive information about the US-China trade dispute is helping currencies, but Asian stock markets are down on Wall Street. Nervousness does not le... [...]

Bank of England is surprised, but not happy

GBP / USD On the daily chart, the price reached the support of the lower boundary of the descending channel and rebounded upwards as shown in the the results of the Bank of England meeting. The Monetary Policy Committee voted three votes for the rate h... [...]

Technical analysis on EUR/USD for June 22, 2018

Yesterday, we mentioned that support at 1.1520 is crucial. Price tested the 1.1520-1.15 area but did not break down. This was expected as the RSI has been giving bullish divergence signals. On the contrary, price broke above the wedge pattern and is pr... [...]

Technical analysis on USDX for June 22, 2018

The Dollar index as expected has given a bearish signal. Our warnings to bulls that the new highs were not confirmed by the RSI came the same day when we saw price break below short-term support. The Dollar index could very well have topped. Blue line ... [...]

Technical analysis on Gold for June 22, 2018

With a low at $1,260.93 Gold price has made yesterday a possible reversal daily candle formation. A bullish bias has been formed and if price continues higher today, it will confirm this reversal signal.Gold price is at a very important buy zone and as... [...]