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W1 price is located above 200 period SMA and 100 period SMA for the primary bullish with secondary ranging between 190.68 support level and 195.82 Fibo resistance level: 23.6% Fibo level at 190...
Sterling was lower against the greenback on Tuesday as uncertainty over Greece and yesterday's better-than-expected data on U.S. existing home sales spurred demand for a shelter...
USD: Neutral. "We remain medium-term USD bulls, but we continue to believe USD will struggle in the near term. We believe inflation readings will have more importance with employment bouncing back but core inflation remaining low...
There is no Japan economic data releases on Monday yesterday, however, reportedthat the Government will use a flexible approach to hold the annual increase inexpenditure sectors, with the aim to reduce the debt pile up. So the Governmentrestrict spending of 1...
Many of the senior players in the forex trading business has the same experience on the early style of this field. Often they have to sit diligently in front of monitors and glare at the chart for hours. Sometimes also do open the closed position a day with bercangkir-cangkir coffee beside them...
On Tuesday copper prices surged after touching three-month low during the previous session, as stronger-than-expected data on euro zone manufacturing activity boosted hopes for stronger demand in the metal. Gold also inched up, though hovering near multi-week lows on Greek concerns...
The observed stable gold price weakened on Tuesday (23/25) this afternoon, still with the attention of investors who have not budged from their deal debt chaos between Greece and its creditors, in the middle of great expectations will reach an agreement at the last minute ahead of the deadline fo...
China's manufacturing activity contracted for the fourth straight month in June as demand remained sluggish in the world's second-largest economy, a survey by British banking giant HSBC showed Tuesday. The bank's preliminary Purchasing Managers' Index (PMI) came in at 49...
The European Union's commissioner for economic affairs said on Tuesday he was "convinced" that Greece and its creditors would strike a deal on Athens' debt...
For today R4 - 1.6022 R3 - 1.6002 R2 - 1.5945 R1 - 1.5930...
According to the fresh data, business activity in the 19-member bloc expanded at its fastest pace in four years in June, giving fresh signs of economic recovery...
An index of French factory and services output rose to its highest in almost four years in June, which is the sign that Europe's second largest economy is gaining momentum...
On Tuesday the euro was broadly lower as euro group finance ministers failed to reach an agreement over Greece's bailout package, while the dollar was buoyed after positive housing data...
Durable Goods Orders (DGO) is an indicator of orders placed for relatively long lasting goods. Durable goods are expected to last more than three years, e.g.: cars, furniture, appliances, etc...
Existing home sales likely rose a solid 4.4% to 5.26 million units in May. May existing home sales are expected to post a solid 4.4% gain to 5.26 million units, more than reversing the April dip. Durable goods orders likely slipped 0.2% in May while ex-transportation orders likely rose 0.6...
Hello All, I will Share My Trading Style :D I Trade by looking at the trend of a currency pair, So I Trade What I see, Not What I Think. Usually we carry emotions want to fight the direction of the market, it may often occur...
EUR/USD continues to grind higher as Greece continues to dominate the headlines. "The main focus was the June Fed meeting where early year expectations of a hike this month now feel a long time ago...
Mid-late last week the NZD pushed further lower against the greenback. Together with the overall USD weakness, the FletcherGoldman signal was put firmly under fire. The drawdown was significant, but within the scope of the strategy and we were confidant of a meaningful recovery...
"You could be forgiven for thinking that the biggest driver of the EUR/USD rate is not Greek debt talks, but the pricing of the December 2016 Fed Funds futures contract. This closed on Friday at 1.02%, the lowest level since mid-May...
