China’s biggest state-owned banks have managed to put together an aid package worth $209 billion for the country’s margin finance agency, Chinese brokers have received a substantial lifeline to help temper a market free-fall that has roiled Chinese stock markets over the past month, according to...
Firstly, a few words about the previous week’s forecast, the accuracy of which was heavily influenced by statistical reports and by speeches of high-ranking officials: - With regards to the EUR/USD pair, we had identified 1...
Greece had a tough time making it into the euro in the first place. The country failed to qualify for the single currency in 1998 before being granted admission in 2001. And there were people who predicted it will be a further failure, ahead of their time. Here they are...
One of the most common mistakes is sticking in a trade where you know your forex trading strategy is correct, but the market continues to move against you. Famous economist John Maynard Keynes once said: “The markets can remain irrational longer than you can remain solvent”...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price crossed 60.00 psychological level on close W1 bar for the bearish to be continuing with 55...
DIFFICULT YEARS: a man riding a motorcycle in front of an electricity site development in the central business district of Beijing, China, recently. This year to be difficult years for the country's second-largest economy in the world...
Greece was declared bankrupt on June 30, 2015 because it couldn't pay his debts amounted to 1.54 billion euros, or approximately Rp 10 trillion to the International Monetary Fund (IMF). The land of the gods has long life dependent on debt...
Greece needs help debt is much larger than expected that would like to be considered by the European creditors, including the magnitude of the pieces nilai debt Greece, says the International Monetary Fund (IMF) in his latest analysis...
Current trend In our previous forecast, we correctly indicated the uptrend. Since the end of last week, the GBP strengthened significantly against the JPY amid the falling demand for the Japanese currency. At key support levels, investors began to move money from the yen to risky assets...
Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: As the euro is suffering, its British counterpart looks dreadfully good...
BNP Paribas maintains short position for EURUSD from early this week from 1.1025 with 1.05 as a target, and those are 5 reasons about why this bank is considering the short for this pair: Greek outcome. "The EUR’s attempts to rally on positive Greek news proved short-lived this week...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, July 17th Yesterday, EUR/USD fell, despite the weakening of the dollar caused by lower reading of the Philadelphia Fed Manufacturing Index. Although, the greenback remained supported by the speech of J. Yellen...
Consumer Price Index (CPI) measures the price that consumers pay for those goods. Released at 8:30 am eastern standard on approximately the 15th of each month, the Consumer Price Index (CPI) is a measure of the changes in prices paid by urban consumers for a fixed basket of goods and services...
On the 4 hour chart EUR/USD has a bearish pattern. A Heikin-Ashi chart smooths out the candlestick. You buy when the candlestick is green and has no lower shadows and sell when it red as long it has no higher shadows. Get 100$ free bonus from the best Asian broker https://www.instaforex.com...
W1 price is located above 200-period SMA and below 100-period SMA for the primary bullish market condition with secondary ranging between Fibo support level at 126.08 and Fibo resistance level at 141.05: 38.2.% Fibo level at 135...
Although the Greek parliament accepted austerity measures preventing the country from an immediate default, there are still considerable risks ahead, notes ratings agency Moody’s. Greece’s fiscal strength was “low” and the potential to reduce its debt burden was not clear...
The euro exchange rate complex remains under pressure on news that the ECB will keep its monetary policy unchanged...
Current trend As it was expected, after the correction to the lower border of the ascending channel, the USD went up again. At the end of the last and in first half of this week the "bullish" sentiment prevailed in the pair...