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ISIL takes on responsibility for night club attack

Note: This section contains information in English only.
Source: Dukascopy Bank SA
On Monday, ISIL assumed responsibility for the killing of 39 people at a night club in Istanbul during New Year celebration.
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02 Jan 2017

USD/JPY 1H Chart: Channel Down

USD/JPY soared to levels unseen since January 2016 just to prove the level unsustainable and slip inside a channel down pattern. The pair is now sticking to the upper boundary at 117.56 and is supposed to slide towards the bottom boundary of 115.94 anytime soon. The scenario is supported by the rising wedge sketched on a smaller scale inside of

02 Jan 2017

USD/ZAR 1D Chart: Symmetrical Triangle

USD/ZAR posted a year-long bear-trend on the daily chart, concluding it with a volatile but ranging market and recently forming a symmetrical triangle. The pattern implies that the downfall could extend soon and the pair could break its trading range to the downside by stepping underneath the 13.19 mark. A death cross formation just above the current rate is an

02 Jan 2017

XAG/USD 30M Chart: Channel Up

Silver entered a neat channel up pattern late December, but is currently losing volatility as highs become lower and more risk shifts to the downside. XAG/USD sketched a motion uncharacteristic for the pattern, which could imply that the pair will either once again attack the upper boundary and then go on to tests of the bottom one or that it