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Thursday, 18 December 2014
Daily Technical Analysis

GBP/USD Daily Forecast - 19 December

After it sharply fell on Wednesday, Sterling once again found area around 1.5550 level to be supportive in order to rebound and finish the session few points above 1.5650 area. Supportive for Sterling were also better than forecasted UK Retail Sales figures. Since there will be no data releases from UA tomorrow, main market movers will be UK data, which is of no major impact on the traders.

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Thursday, 18 December 2014
Daily Technical Analysis

AUD/USD Daily Forecast - 19 December

Aussie spent most of the session on Thursday in an uptrend though there were no major data releases from Australia. However, 0.82 handle proved to be resistive at the moment so Aussie finished the session around 0.8150 area. Tomorrow, we do not expect any big movements as there will be no data releases both from Australia and USA. Read more...

Wednesday, 17 December 2014
Daily Technical Analysis

EUR/USD Daily Forecast - 18 December

There were no major data releases from Eurozone, so it was a steadier European part of the session, while US session brought decline to euro ahead FOMC interest rate decision and the following statement. After it was released pair went back and forth with a daily closing around 1.2360 level. Tomorrow, we expect a bit steadier session, with some impact coming from Business Climate figures, but markets will probably still be weighing on FOMC statement.

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Wednesday, 17 December 2014
Daily Technical Analysis

GBP/USD Daily Forecast - 18 December

Sterling finished yesterday's session around 1.5550 level. It was quite eventful session, though UK job figures and BoE Meeting Minute had less impact on the market than they usually have since traders were cautious ahead of FOMC. FOMC statement pushed Sterling a bit higher initially, but with almost immediate pullback.

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