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W1 price is located above 200 period SMA and above 100 period SMA for the primary bullish market condition with secondary correction which was started last week on close weekly bar: 23.6% Fibo support level at 190.94 crossed by the price from above to above for the correction to be continuing...
The Greek vote is turning out to be much ado about nothing for the euro. While Europe’s currency slid, it only reached a one-week low. Price moves have been “muted,” according to Standard Chartered Plc. Investors expected a bigger decline, said Mizuho Bank Ltd. in Tokyo...
European stocks fell after Greek voters rejected creditors’ austerity demands, while a measure of volatility slid amid speculation that the resignation of Finance Minister Yanis Varoufakis will smooth further talks. The Stoxx 600 retreated 1.2 percent to 378.79 at 2:01 p.m...
U.S. stocks began the week in the red zone, as investors worldwide turned away from riskier assets following Greece's rejection of bailout terms, which increased the prospect of the country exiting the eurozone...
Financial markets barely shuddered at the increased prospect of Greece’s exit from the euro, a sign investors see the financial crisis there as quarantined for now...
The resignation helped mute declines in the euro and European stocks. The euro pared losses after the statement and was down 0.4 percent to $1.1069 at 9:40 a.m. in London. The Stoxx Europe 600 Index fell 1.4 percent to 378.02 points, compared with a drop of as much as 3...
Greece’s creditors turned up the heat on Prime Minister Alexis Tsipras to come up with a plan to stay in the euro as banknotes become more scarce and the nation stares at calamity...
Adam has two decades of experience in the industry as a trader, analyst and system developer, covering the full range of liquid markets and timeframes from scalping to long-term investing...
Current trend Australian dollar in the AUD/USD pair opened Monday with a gap down of almost 40 points in return for the events in Greece. Besides the European factor and the U.S...
EURUSD 'It has had a muted reaction despite the surprise outcome from the Greece referendum. Even though the market is positioned short, we expect the pair to test the downside sooner rather than later this week. Keep it tight but prefer short and add on more spikes above 1...
On Sunday Greeks voted against creditors' demands for further austerity, leaving Europe’s leaders to determine if the nation can remain in the euro currency union...
W1 price is located below 200 period SMA and below 100 period SMA for primary bearish with secondary ranging between 61.8% Fibo support level at 1.0844 and Fibo resistance level at 1.1474: 32.2% Fibo resistance level at 1...
This week will mostly be dominated by the Greek uncertainty. On Sunday Greece voted against the plan proposed by its creditors sending financial markets down. The majority, 61.3% voted 'no' and 38.7% voted “YES”...
W1 price is located above 200 period SMA and 100 period SMA for the primary bullish with secondary ranging between 23.6% Fibo support level at 1.2126 and Fibo resistance level at 1.2834: 61.8% Fibo resistance level at 1...
This week gold will be ruled by uncertainty, as markets will have to digest disappointing U.S. nonfarm payrolls released Thursday, as well as Greece's referendum results which showed citizens rejected creditors' proposals...
In fact, the Chinese government already has defacto control over everything online. Sixteen years ago, as the Internet rose in prominence in China, Web portals like Sohu.com and Netease.com had their offices routinely visited by government officials intent on censoring the Internet...
On Monday the euro fell sharply in Asia trade, as the Greek voted against the proposed bailout terms from international creditors. The question of the country's continued membership in the euro zone is now the main concern for financials markets...
Daily price is on ranging market condition: the price is located below and near 'reversal' Senkou Span A line which is the border between primary bullish and the primary bearish on the chart. The price is ranging between 1.1277 resistance level and 1...
Trading today's markets—including stocks, futures, or Forex - can be a challenging and difficult endeavor. But it is possible to achieve consistent success in this field, if you're prepared to learn a complete trading plan from entry to exit...