This week the scorecard recommends buying SEK, NOK and CHF, and selling NZD, USD and CAD (see suggested weights in portfolio in table below). The recommendation to buy the Scandies and the Swissie derives largely from last week’s dire performance (i.e...
H4 price is located exactly on 200 period SMA line on the chart by previous close H4 bar for now and below 100 period SMA ranging between Fibo resistance level at 1.1277 and 50.0% Fibo support level at 1.1115: The price is ranging between Fibo resistance level at 1.1277 and 50...
“If the news on Greece is bad in coming days, I think you can see the euro go through $1.10 and then down to $1.05,” said Chris Gothard, head of FX at Brown Brothers Harriman in Europe...
USD remains the strongest currency in the longer term. The market is expecting the Fed to raise rates around September. Recent NFP readings have been positive and core inflation has, overall, been trending higher...
Koreksi 50% fibo dari swing low @ 118.87 ke 125.85...tepat di 122.35, area yang cocok buat nge BUY USDJPY, boleh juga nunggu di 61.8% @ 121.50....Cheers...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 30th EUR/USD reversed plunging 0.4% during the Asian session. After the collapse of Greek negotiations the attention of the market is now turned to the July 5 referendum...
"We remain of the view that a solution can be found in order to give Greece access to funds to repay the IMF next Tuesday. The EUR, however, is unlikely to face any material upside in an environment of strongly capped ECB monetary policy expectations...
Greece is heading for a “massive economic contraction” and is likely to be forced out of the euro zone, according to Mohamed El-Erian, the former chief executive at Pacific Investment Management Co...
Greece’s banks may need an injection of fresh emergency funds to operate Monday as people rushed to pull out money after Prime Minister Alexis Tsipras called a referendum that could decide his country’s fate in the euro...
Non-farm Payrolls is the assessment of the total number of employees recorded in payrolls. This is a very strong indicator that shows the change in employment in the country. The growth of this indicator characterizes the increase in employment and leads to the growth of the dollar...
A report is emerging from EU officials and the Greek press (Kathimerini) that EC president Juncker sent a last minute offer to Greece. . The offer is for a one month extension and will include a commitment to talk about Greece’s debt from October 2015...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier. It is recommended to read the page Currency score explained and Models in practice for a better understanding of the article...
When looking at the Top 10 in the Monthly Ranking and Rating list we can see that for the coming month the following stronger currencies are well represented for going long: GBP(5X) followed by the CHF(3X). The NZD(4X) is the weaker currency followed by the AUD(2X) with the JPY(2X...
Greece will shut its banks Monday to avert a financial collapse after the European Central Bank froze emergency loans to the nation’s lenders...
US Dollar - "Once markets get past the initial shock of the new Greek news, attention will turn to a frequently market-moving US Nonfarm Payrolls Report due Thursday...
USDCAD: Although is seen threatening recovery higher, as long as it trades below the 1.2421 level, we still see risk to the downside. On the upside, resistance is seen at the 1.2400 level followed by the 1.2450 level. Further out, resistance comes in at the 1...
Daily price was on ranging bullish movement with secondary correction: the price was stopped above 1.1129 key support level near 'reversal' Senkou Span A line which the border between primary bullish and the primary bearish on the chart. The price formed descending triangle with 1...
