All Blogs
Stock market in the U.S. was boosted by robust earnings reports and optimism about Greek developments. Better than expected quarterly results from Halliburton and Morgan Stanley which came out before the open bell Monday also backed the market...
BitSpark has been selected to join the Accenture’s FinTech Innovation Lab Asia Pacific 2015 The program, created by world renowned technology and consulting company Accenture, is aimed at inviting the best financial technology startups to be incubated by world’s leading financial institutions...
EU officials have announced that the bridge financing has been sent to Athens today, following several days of work by Brussels officials...
Current trend Last week, as it was expected, the EUR currency gradually declined against the USD. Several factors affected the European currency. First of all, it is the instability in Greece, where people protest against the government’s austerity measures...
On Monday the rout in commodities deepened with prices approaching the lowest close since 2002 as the prospect of higher U.S. interest rates sent gold to a multi-year trough...
On Monday Cable was almost unchanged with the pound slightly lower against a stronger greenback. Expectations for soon rate hikes in the U.S. and the U.K. buoy the both currencies...
W1 price is located below 200 period SMA and below 100 period SMA for the primary bearish market condition with secondary ranging between 1.0461 support level and 1.1466 resistance level: The price is ranging between 1.0461 and 1.1466 levels...
H4 price is on bullish market condition with secondary correction trying to break 1.5552 support for the local downtrend as a corection to be continuing: Chinkou Span line is located above and near the price for ready to break it from above to below for possible breakdown of the price movement...
Monday marked a ninth straight session of gaining for European stocks which were driven by the Greek relief, as the cash-strapped country is now expected to repay loans to creditors...
Below are listed the most important events which will likely influence the market sentiment this week...
Gold dropped 2.4% Monday as upbeat economic data spurred fresh expectations that the Fed was on track to raise short-term interest rates later in the year...
Greek banks reopened Monday after a three-week shutdown. However, investors remained cautious over the finalizing of the bailout, which sent EUR/USD to two-month lows. Meanwhile, gold has hit a five-year low with investors weighing the possibility of higher interest rates in the U.S...
The Definitive Guide to Point and Figure: A Comprehensive Guide to the Theory and Practical Use of the Point and Figure Charting Method by Jeremy du Plessis Point and Figure charts are one of the great secrets of the Technical Analysis world...
Daily price is on bearish market condition for ranging between the followings/r levels: 1.0818 key support level located below Ichimoku cloud and far below Senkou Span A line on the bearish area of the chart, and 1...
Dollars in gold demand, depressed for 5 year low The U.S. dollar held broad gains across Asia on Monday as investors looked forward to higher interest rates from the Federal Reserve, while gold plunged to five-year lows of lack of global inflation is leaving little to hedge against. The u.s...
How the market reacts to economic releases is generally determined by two factors: How important the market considers a particular release to be. How close to market estimates the number comes in at...
France's president Francois Hollande departs following all-night Greek bailout talks in Brussels on July 13, France’s Hollande Proposes Creation of Euro-Zone Government French President Francois Hollande said that the 19 countries using the euro need their own government complete with a budget an...
I am continuing to evaluate and to forecast the pairs at year-end. Some pairs were already estimated for year-end value which as GBPUSD, EURUSD, USDJPY as well as Crude Oil and S&P 500...
Greek banks to reopen Monday but cash restrictions remain As talks begin on third massive bailout for ailing eurozone member, fears of devastating bank runs remain ATHENS, Greece (AP) — Greek banks are reopening Monday after a forced 3-week closure but restrictions on cash withdrawals will remain...
