June 13, 2016 - Forex Alchemy

Currency Update 13th of June

Central banks will be in focus this week with the Federal Reserve, Bank of Japan, Swiss National Bank, and Bank of England all due to announce...

Sterling plunges to 2 months low level as “Brexit” fears is rising. An ORB/Guardian “Brexit” Poll showed that 55% of participants wanted to...

Investors’ worries about the upcoming British referendum on whether to remain in the European Union on 23 June added to already existing...

Previous: The euro/dollar was trading above the 112th degree on Friday before the American session. The rate was under pressure due to the dollar...

Inflows to the Japanese Yen due to heightened Brexit fears have continued today in Asia, leaving USDJPY close to breaking 105.50 support and the...

The yen was broadly stronger during Monday’s Asian session due to risk aversion as investors become more concerned as the referendum on the...

EURUSD H4 Resistance 1.1298 1.1347 1.1374 Support 1.1222 1.1195 1.1146 Primary Scenario EURUSD is following a downtrend. If the pair manages to...

Markets are starting the new trading week with a cautious risk-off tone as they gear up from important risk events. This week’s focus will...

The unravelling of the British Pound upped its pace on Friday as polls suggested the ‘leave’ camp has extended the gain by 19 points....