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Risk warning: Losses could exceed deposits.

In today’s Daily Forex Review, Fred Razak – Chief Trading Strategist at CM Trading discusses the unfolding economic events of day including Retail Sales and Trade Balance from Australia and Services PMI results from the United Kingdom, in addition please take note that the United States is celebrating Independence Day so all U.S. Stocks and Indices are closed today.

Further technical analysis of the Euro (EUR/USD), Great British Pound (GDP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), GOLD, OIL, the DAX, and the Johannesburg Stock Exchange (JSE) are discussed in the presentation.

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Leave your Questions about CM Trading Daily Forex Market Review 04 July 2018 below

IronFX
Haroun Kola

Technical Outlook For EURUSD & USDJPY for 2/7/2015

The EURUSD tumbled below its support of 1.1115 which now becomes resistance and if it goes below the 1.10 level, we could see this pair test the 1.0950 level. With the US Non Farm payroll to be announced today, this could be the spur in the market to go lower.

The USDJPY bounced higher after hitting support of 122 on Tuesday. Its currently testing the 123.20 level and if it gets beyond this then the 124 level.

CM Trading
Haroun Kola

How To Ensure You’re Trading Safely With Your Chosen Broker

You have to trust your broker, in any financial transaction. To build trust, it’s customary in the financial trading industry for independent third parties to act as regulatory overseers. A good example of such a regulator is the South African Financial Services Board (FSB),

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