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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 Thursday June 9th

June 9, 2016 1:32 pm
At the start of the US trading session, EUR/USD broke below the 50% Fibonacci (1.1357), reflecting the descent from May 3rd high to May 30th low, on the back of upbeat US initial jobless claims. The number of people in the United States, who filed for unemployment assistance for the first time during the business […] Read more

Forex Market: USD/CAD daily trading outlook

June 9, 2016 7:04 am
Yesterday’s trade saw USD/CAD within the range of 1.2655-1.2760. The pair closed at 1.2687, retreating 0.38% on a daily basis. It has been the 56th drop in the past 112 trading days and also a fourth consecutive one. The daily low has been the lowest level since May 3rd, when a low of 1.2458 was […] Read more

Forex Market: GBP/USD daily trading outlook

June 9, 2016 6:34 am
Yesterday’s trade saw GBP/USD within the range of 1.4501-1.4601. The pair closed at 1.4514, shedding 0.21% compared to Tuesdays close. It has been the 31st drop in the past 54 trading days. The major pair has edged up 0.28% so far in June, following a 0.92% drop in the prior month. At 6:32 GMT today […] Read more

Market Briefing on Wednesday June 8th

June 8, 2016 2:59 pm
At the start of the US trading session, EUR/USD broke above the key psychological level of 1.1400, but the upside was halted close to the 61.8% Fibonacci level (1.1416), reflecting the descent from May 3rd high to May 30th low. In case of a break above it, the next resistance may be within the 1.1450-1.1465 […] Read more

Forex Market: USD/CAD daily trading outlook

June 8, 2016 6:59 am
Yesterday’s trade saw USD/CAD within the range of 1.2734-1.2840. The pair closed at 1.2761, retreating 0.44% on a daily basis. It has been the 55th drop in the past 111 trading days and also a third consecutive one. The daily low has been the lowest level since May 4th, when a low of 1.2693 was […] Read more

Forex Market: GBP/USD daily trading outlook

June 8, 2016 6:29 am
Yesterday’s trade saw GBP/USD within the range of 1.4453-1.4658. The pair closed at 1.4543, surging 0.70% compared to Mondays close. It has been the 23rd gain in the past 53 trading days and also the steepest one since May 24th, when the pair advanced 1.04%. The daily high has been the highest level since May […] Read more

Forex Market: USD/CAD daily trading outlook

June 7, 2016 7:09 am
Yesterday’s trade saw USD/CAD within the range of 1.2804-1.2983. The pair closed at 1.2815, plummeting 0.91% on a daily basis. It has been the 54th drop in the past 110 trading days and also a second consecutive one. The daily low has been the lowest level since May 12th, when a low of 1.2768 was […] Read more