Current trend Yesterday, the Pound grew against the USD amid positive GDP data from the UK. According to the preliminary report, in the second quarter of the year the GDP grew by 0.7% (against 0.4% for the previous quarter) that amounts to a yearly growth of 2.6...
M5 price is located near SMA with period 100 (100-SMA) and SMA with the period 200 (200-SMA) waiting for the direction for the possible breakout or breakdown. The key support/resistance levels for this pair are the levels for H1 timeframe: 1.1083 as the resistance and 1.1029 as support level...
The Scary Developments. The stockbroker with a serious witness the development of the share price shortly after the opening of the stock market on the New York Stock Exchange. According to analyst Bernard Condon, a number of developments such as the scary U.S...
The Impact Of The Greece Bailout Talks Postponed A Few Days. Arrangements in the middle of Greece and its worldwide loan bosses about the new bailout bundle, will be deferred for a few days due to hierarchical issues, an authority of the nation's Ministry of account said Saturday...
It's been a decent 12 months for the greenback. Since June 2014, the dollar's exchange weighted quality has risen in the range of 17 percent...
Hi Traders, New text on the blog. Analysis of 32 Currency Pairs. Visit: http://migre.me/qXExF Thanks...
Wall Street Weakened Depresse. Stocks on Wall Street ended up weakening on Monday (Tuesday morning EDT), after a sharp decline in Chinese stock market stoked concerns about global economic growth. Dow Jones Industrial Average plunged 127,94 points (0.73 percent) to close at 17.440,59...
A Reform Of The Third Wave Of Greece. Worldwide leasers need to force a third influx of change Greece delicate politically before they dispensed the cash to keep the State undermined to bankrupt it can keep running under the third bailout that they start to arrange on Monday...
Russian economy growing 1.9% in 2016. Credit rating agency Standard & Poor’s expects the Russian economy to turn to growth in 2016, adding 1.9 percent. This comes as a sharp revision to the previous negative outlook. S&P analysts expect economic recession of 2...
The Royal Bank of Scotland predicted the price for EURUSD as 1.05 1-year target, and those are the 5 key factors from RBS: "None of this has much directly to do with Greece...
W1 price is located above 200 period SMA (200-SMA) and 100 period SMA (100-SMA) for the primary bullish with secondary ranging between Fibo resistance level at 195.87 and 50.0% Fibo support level at 185.41...
GBP/CAD: Long A position has been opened July 14 after close of US session on July 13. As already mentioned in my weekly strategy reviews this pair remains interesting. The pair is clearly in an uptrend but is consolidating in the last period...
The global steel demand There can be no doubt that the production of steel and other similar products has been an important influence on the global markets for many years...
W1 price is located above 200 period SMA (200-SMA) and below 100 period SMA (100-SMA) for the primary bullish with secondary ranging between Fibo resistance level at 141.05 and 50.0% Fibo support level at 133.29...
Anglo-Irish philosopher Edmund Burke once said: "The people never give up their liberties. But under some delusion..." If he'd been alive today in the U.K., he would recognize that the liberty-sacrificing delusion represents a property bubble...
XAU/USD: strong bearish. This pair is on bearish condition for all the timefarmes: triangle pattern was broken to below for H4, nearest target is 1077.19 for D1 and W1. Many banks are making the forecasts about 1000 and 900 targets but I see just two targets here: 1077.19 support level and 1000...
Weekly price is on bearish market condition with below of 100-period SMA and 200-period SMA: the price is crossing 54...
GBPJPY: Triggers Recovery, Eyes More Upside. GBPJPY: Outlook for the cross remains higher having triggered a strong recovery on Tuesday. We look for more strength to occur towards the 194.00 level. On the upside, resistance lies at the 195.00 level followed by the 196...
Sterling received a boost from the first estimate of UK Q2 GDP, which posted a positive 0.7% increase over the quarter, meeting forecasts. London - Sterling hiked after the UK first Q2 GDP estimate showed that the UK economy grew 0.7% in the quarter to June, meeting forecasts...
Current trend On Monday, during the trading session, Brent crude oil lost more than 70 points. The fall was caused by of the sharp fall of the Chinese Shanghai Composite by 8.48%: the market is very sensitive to any weakness in China’s economy, as it is the largest importer of raw materials...
