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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.

Market Briefing on Monday June 13th

June 13, 2016 2:48 pm
The recent downswing in EUR/USD seemed to have been halted in the area between the 50.0% (1.1255) and the 61.8% (1.1219) Fibonacci levels, reflecting the ascent from May 30th low to June 9th high. At the start of the US trading session the major pair sharply advanced to an intraday high of 1.1294, which comes […] Read more

Gold trading outlook: futures surge to new 4-week highs in cautious trade

June 13, 2016 9:32 am
On Friday gold for delivery in August traded within the range of $1,265.30-$1,278.00. Futures closed at $1,273.40, edging up 0.25% compared to Thursday’s close. It has been the 50th gain in the past 93 trading days and also a third consecutive one. The daily high has been the highest price level since May 17th, when […] Read more

Forex Market: USD/CAD daily trading outlook

June 13, 2016 8:25 am
Friday’s trade saw USD/CAD within the range of 1.2656-1.2785. The pair closed at 1.2785, going up 0.50% on a daily basis. It has been the 58th gain in the past 114 trading days, a second consecutive one and also the steepest one since May 18th, when the pair advanced 0.98%. The daily high has been […] Read more

Forex Market: GBP/USD daily trading outlook

June 13, 2016 7:06 am
Friday’s trade saw GBP/USD within the range of 1.4177-1.4474. The pair closed at 1.4258, plummeting 1.39% compared to Thursdays close. It has been the 33rd drop in the past 56 trading days, a third consecutive one and also the steepest one since February 28th, when the pair dropped 1.78%. The daily low has been the […] Read more

Forex Market: GBP/BGN trading outlook for June 13th

June 12, 2016 9:28 am
Friday’s trade saw GBP/BGN within the range of 2.4649-2.5051. The pair closed at 2.4791, plummeting 0.82% on a daily basis. It has been the 12th drop in the past 23 trading days and also the steepest one since June 3rd, when the exotic cross fell 1.24%. The daily low has been the lowest level since […] Read more

Forex Market: AUD/USD trading outlook for June 13th

June 11, 2016 3:42 pm
Friday’s trade saw AUD/USD within the range of 0.7371-0.7425. The pair closed at 0.7375, losing 0.51% on a daily basis. It has been the 11th drop in the past 24 trading days and also a second consecutive one. The daily low has been the lowest level since June 7th, when a low of 0.7356 was […] Read more

Market Briefing on Friday June 10th

June 10, 2016 1:18 pm
After making an exact test of the key monthly Pivot Point (1.1282) at the start of US trade, EUR/USD bounced back above the 1.1300 handle, but the upside seemed limited. A break below 1.1282 may trigger a move to the daily 50-period Exponential Moving Average (1.1263) and then – to the 61.8% Fibonacci, which reflects […] Read more

Forex Market: USD/CAD daily trading outlook

June 10, 2016 7:17 am
Yesterday’s trade saw USD/CAD within the range of 1.2671-1.2765. The pair closed at 1.2732, going up 0.29% on a daily basis. It has been the 57th gain in the past 113 trading days. The daily high has been a higher-high test of the high from June 8th. The major pair has gone down 2.75% so […] Read more

Forex Market: GBP/USD daily trading outlook

June 10, 2016 6:39 am
Yesterday’s trade saw GBP/USD within the range of 1.4447-1.4527. The pair closed at 1.4463, shedding 0.27% compared to Wednesdays close. It has been the 32nd drop in the past 55 trading days and also a second consecutive one. The daily low has been the lowest level since June 7th, when a low of 1.4433 was […] Read more