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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...
D1 price is on primary bearish and secndary ranging ranging market condition: The price is located to be inside Ichimoku cloud/kumo for ranging market condition Senkou Span A line (the border of Ichimoku cloud/kumo) is located above the price and very near to it for possible reversal which is ind...
On Sunday leading manufacturer of locomotives and rolling stock in China, China CNR Corporation Limited, announced major contracts worth 3.95 billion U.S dollars (24.26 billion yuan...
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...
On Monday, the euro recovered from 11-year lows and Europe's main share markets also rose - after initial falls - on hopes that a compromise over Greece's bailout terms might be found...
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...
The greenback stepped off 11-year highs hit against the euro earlier Monday after anti-austerity Syriza party swept to victory in elections in Greece, sparking fears about Greece's future in the euro zone...
The EURUSD is continuing to show nothing but oneway traffic sending its price lower, with it also appearing to look like there is no Uturn in sight anytime soon. The Eurodollar recorded yet another 11year low at 1...
The eFXnews team shares SEB’s intraday outlook for the EUR/USD pair. Key Quotes “The correctional rally will likely be sold...
USD/CAD inched higher and reached fresh 6-year highs during the European session, as the loonie continues to weaken on the back of low commodity prices and BoC looser policy. USD/CAD climbed to a high of 1.2475 during the European session, but lacked momentum to clear the 1...
During the World Economic Forum 2015, a lot of renowned experts spoke highly of Chinese innovation, technology, research and creativity, citing China's rapid achievements in these spheres...
The EURUSD is continuing to show nothing but one-way traffic sending its price lower, with it also appearing to look like there is no U-turn in sight anytime soon. The Eurodollar recorded yet another 11-year low at 1...
The European Central Bank (ECB) governing council member Ignazio Visco told a German newspaper today that there is no fixed end to the European Central Bank's (ECB) government bond-buying program...
Gregor Horvat of EW-Forecast, feels that GBP/USD might see a retracement before heading lower towards 1.4500 levels. Key Quotes “Cable is at new lows as expected after we recognized a corrective pattern just above 1.5600 back in December...
Oil dropped to the lowest level in almost six years on Monday as signs that Saudi Arabia’s new king will maintain the oil policy of his predecessor and rising U.S. crude stockpiles bolstered speculation that a global glut will linger...
'It's now clear that Black Friday did pull festive sales forward into November, and this created a challenging lull in spending with consumers waiting for future bargains' - David McCorquodale, Head of Retail at KPMG UK retail sales surprised markets to the upside, posting an unexpectedly solid g...
Being a social-media celebrity can be a lucrative business. Some top bloggers can rake in an income of $100,000 a year from advertising that appears on their blog...
Sunrise Market Commentary Rates: Syriza wins Greek election, but falls short of absolute majority Left opposition party Syriza won the Greek elections. This is slightly supportive for the Bund, while Greek assets could suffer...
The data released by the German research institute, IFO showed the business confidence rose to a six-month high in January, as the outlook for Europe's biggest economy continues to brighten. The closely watched Business climate index rose to 106.7 this month from 105...
