Market Brief 12 June: The Week Ahead


The week’s events June 12 to June 16 Calendar time: U.K. time, GMT+1 This week we’ll witness the repercussions after the U.K. General Election vote. The country will face a hung parliament which brings a lot of uncertainty. Markets hate uncertainty and after he results were out, the reaction was a huge 250-pip drop for

Technical Analysis 09 June: The Aftermath


EUR/USD, D1 EUR/USD in an Uptrend (currently in a correction mode)  Yesterday, there interest rate remained unchanged and Draghi’s statement didn’t have any major impact on the price either. Currently, we’re observing mild price action retracing toward the immediate short-term support at 1.1098. Scenario 1: As previously dicussed a potential entry point around 1.1098 (after

Market Review – Thursday, June 8, 2017


Calendar time: U.K. time, GMT+1 Technical Commentary for Thursday, June 8              Topic of the Day: All eyes on the U.K. and Europe   EUR/USD, D1  Currency pair is in an Uptrend Today we have a crucial number coming out at 12:45 p.m. GMT+1 with the interest rate decision directly linked to the common currency of

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