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Articles by: Miroslav Marinoff

Miroslav Marinoff, a news editor at TradingPedia, is engaged with observing and reporting on the tendencies in the Foreign Exchange Market and the US Stock Market.

Forex Market: GBP/USD daily trading outlook

June 30, 2016 6:36 am
Yesterday’s trade saw GBP/USD within the range of 1.3289-1.3533. The pair closed at 1.3430, rising 0.66% compared to Tuesdays close. It has been the 130th gain in the past 283 trading days and also a second consecutive one. The cross has fallen 7.49% so far in June, following a 0.92% drop in the prior month. […] Read more

Market Briefing on Wednesday June 29th

June 29, 2016 1:29 pm
Having been contained between the hourly 55-period and the 100-period Exponential Moving Averages in the past several hours of trade, EUR/USD managed to break above the 55-period EMA and, at the start of the US trading session, it tested the 38.2% Fibonacci level (1.1110), reflecting the descent from June 24th high to June 24th low. […] Read more

Forex Market: USD/CAD daily trading outlook

June 29, 2016 7:40 am
Yesterday’s trade saw USD/CAD within the range of 1.2967-1.3108. The pair closed at 1.3026, edging down 0.36% compared to Mondays close. It has been the 128th drop in the past 282 trading days. The major pair has trimmed its slump to 0.68% so far in June, following a 4.31% surge in the prior month. At […] Read more

Forex Market: GBP/USD daily trading outlook

June 29, 2016 6:42 am
Yesterday’s trade saw GBP/USD within the range of 1.3220-1.3418. The pair closed at 1.3346, rising 0.96% compared to Mondays close. It has been the 129th gain in the past 282 trading days. On Monday the major pair hit lows unseen since July 1985, falling to as low as 1.3118. The cross has fallen 8.09% so […] Read more

Market Briefing on Tuesday June 28th

June 28, 2016 12:41 pm
Having touched an intraday high of 1.1111 during mid-European trade, EUR/USD fell back below the 1.1100 handle to trade within the 1.1065-1.1085 area at the start of the US trading session. The final report on US GDP, released minutes ago, showed that the nations economy expanded at an annualized rate of 1.1% during the first […] Read more

Forex Market: USD/CAD daily trading outlook

June 28, 2016 7:32 am
Yesterday’s trade saw USD/CAD within the range of 1.2994-1.3121. The pair closed at 1.3071, rising 0.50% compared to Fridays close. It has been the 154th gain in the past 281 trading days and also a second consecutive one. The daily high has been the highest level since June 2nd, when a high of 1.3145 was […] Read more

Forex Market: GBP/USD daily trading outlook

June 28, 2016 6:35 am
Yesterday’s trade saw GBP/USD within the range of 1.3126-1.3488. The pair closed at 1.3226, plummeting 3.32% compared to Fridays close. It has been the 153rd drop in the past 281 trading days and also a second consecutive one. The cross has depreciated by 11.36% in the past two trading days, which has been the sharpest […] Read more

Market Briefing on Monday June 27th

June 27, 2016 1:22 pm
At the start of the US trading session on Monday, EUR/USD traded in proximity to the psychological 1.1000 level, after registering an intraday low of 1.0971. On Friday the common currency tested lows unseen since March 10th, tumbling to 1.0909 in a response to the shocking vote in the UK. Monday is to mark the […] Read more