US DOLLAR TECHNICAL ANALYSIS Prices are testing pivotal resistance marked by a peak dating back to March 2009. This barrier is reinforced by the 38.2% Fibonacci expansion at 11888, with a break below that on a daily closing basis exposing the 50% level at 11983...
Syriza leader Alexis Tsipras campaigned on renegotiating Greek debt repayment terms but the job may already be done. Italy’s La Repubblica newspaper reports that EU and Greek officials had already agreed to push back the debt repayment schedule and lower the interest rate of loans...
The greenback declined against its Canadian counterpart on Tuesday, getting off a nearly six-year peak as a disappointing report on U.S. durable goods orders dampened demand for the greenback, while markets eyed the Federal Reserve's upcoming policy statement...
According to official data released on Tuesday, U.S. durable goods orders fell unexpectedly in December; core orders also fell, fuelling concerns over the strength of the economy. US stock index futures furthered sharp declines on the negative news...
Darkwallet has now released Alpha 8. This makes it easier to transact with Bitcoin anonymously and real cash withdrawals into the wallet comfortable. The organization says that the new update will bring many improvements to the Darkwallet...
The Brown Brothers Harriman Team comments on the intra-EU political scenario arising from Tsipras victory, and view that the possibility of Grexit is next to none...
On Tuesday the pound sterling slid lower against the greenback after official data indicated that economic growth slowed in the fourth quarter of 2014, although grew at the fastest annual rate since 2007...
The euro continues to post gains on Tuesday, as EUR/USD trades just above the 1.13 line in the European session. On the release front, there are no Eurozone economic reports. EU finance ministers will meet in Brussels later in the day...
European traders turned decently bid at market open amid Russian credit rating has been revised down to junk by the S&P. Although the decision was partially priced in, renewed pressures on the ruble keep traders alert on potential CBR intervention...
The Swiss currency fell to its lowest level against the euro since the Swiss National Bank abandoned its exchange-rate cap as the SNB’s vice president Jean-Pierre Danthine reiterated it is to intervene in markets...
On Tuesday gold fluctuated near a one-week low, as market players anticipated the start of a Federal Reserve meeting later in the day for further clarification on when interest rates might start to grow...
The Netherlands added to its gold holdings for the first time since 1998 as the ninth-biggest holder boosted assets to the highest in seven years, while Russia bought for a ninth month, International Monetary Fund data showed...
On Tuesday the euro steadied as markets digested Syriza's pledge to renegotiate the terms of Greece's €240 billion international bailout. The Australian dollar traded weaker in Asia on a mixed business confidence and conditions outlook by National Australia Bank (NAB...
Abdullah al-Badri, OPEC Secretary-General, said oil prices may have bottomed out, also warning there exists a risk of a future jump to $US200 a barrel if investment in new supplies was too low. After his comments, Brent crude oil prices traded above $US48 on Tuesday...
The Swiss Franc is trading under pressure on Monday as investors are taking profits after the advance of CHF in recent sessions. The US dollar is doing its best day against the CHF since January 15. Market leaders are the GBP/CHF, +4.61% to 1.3526; USD/CHF, +4.06% to 0...
Following the first weekly gain this year for the Standard & Poor’s 500 Index, US stocks dropped as phone and utility companies fell and as Greece's elections weighed...
On Monday the euro rose more than 2% against the Swiss franc, recovering from lows hit in the wake of the election victory for the anti-austerity Syriza party in Greece...
The Secretary General of OPEC, El-Badri, said today that the oil market is oversupplied by 1.5 million barrels per day, while expressing hope that the market will recover in time...
On Monday bitcoin prices jumped to the highest level in three weeks, as investor confidence remained strong amid bullish chart signals. The prices for cryptocurrency surged almost 50% since hitting a 21-month low of $152.40 on January 14...
Look ELLIOTE WAVE BOOK Contains following topics only important for a trader - 1.Wave Analysis - 70% 2.Chart Pattern Analysis-20% 3.Trendline Analysis-5% 4.ABCD Harmonic Pattern analysis-1...