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...
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...
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...
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...
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...
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...
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Tsipras Triumphs as Greece Votes Against Austerity Tsipras made a statement live on Greek TV as the result became clear...
An oscillator is a leading technical indicator which fluctuates above and below a center line and normally has upper and lower bands which indicate overbought and oversold conditions in the market (an exception to this would be the MACD which is an Oscillator as well...
EURUSD: Closes Higher With Caution EURUSD: Though EUR closed higher the past week, it gave back most of those gains suggesting a move lower may occur in the new week. Resistance is seen at the 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level...
In this article I will provide my view on the GBP/AUD, NZD/USD, GBP/CAD and the AUD/CHF. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
EURUSD: "The market has distanced a long-term overstretch and support at a lower trendline, both likely restricting the maneuverable area below in the short-term timeframe perspective. Should a recent 1.1468 high be taken out...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish Current events in the Eurozone will continue to shape the movement of EURUSD and other EUR pairs this week...
Greece referendum sounding like a ultimatum Exactly at the point in time when Europeans were eventually acknowledging that an agreement was within reach, the decision by Prime Minister Alexis Tspiras to organize a referendum on 5th of July was a surprise and dramatically increased the risks...
