Weekly digest compiles the latest news from the world of stocks and finance, currency and commodity news, as well as interesting informative articles for traders. News of the week: Negotiations in Greece trigger turmoils in Athens; IMF wary of next Greek bailout...
Bullion dropped on Friday, trying to breach the support area around $1,080 and confirm the bearish bias. London - Gold was seen dropping on Friday, changing hands around $1,080 as traders continue to sell every small rally and hold the price below the psychological $1,100 resistance...
W1 price is trending between S1 Pivot at 1.1337 and S2 Pivot at 1.0672 with Central Pivot at 1.2665: The price is on bearish ranging between pivot levels at 1.1337 and 1.0672; The price is breaking descending triangle pattern with 1...
Current trend The pair USD/CHF shows a moderate growth and reaches new local highs. A growth in the USD is a result of the promising statement by the Fed and strong macroeconomic data from the US...
H4 price is breaking Senkou Span A line (which is the virtual border between the primary bullish and the primary bearish on the chart) from below to above for trying to cross 1.3043 resistance level for bullish reversal...
W1 price is located to be between R2 Pivot at 1.2566 and R3 Pivot at 1.3352 with Central Pivot at 1.1392: the price is on bullish for ranging between R2 Pivot at 1.2566 and R3 Pivot at 1.3352; price is on overbought condition ranging between 1.2834/1...
The dollar is approaching its big rally says Forbes' analyst Jesse Colombo who has taken a deeper look at Raoul Pal's "wedge pattern...
Money exchanging is a passionate amusement, particularly in unpredictable markets. Yet, exchanging choices driven by pomposity, dissatisfaction or frenzy perpetually prompt frustrating results...
FOMC Instant Reaction: "About" There, But… As we noted in our FOMC sneak peak report, examiners and dealers were consistent in their desire that the national bank would leave premium rates unaltered in the 0.00-0.25% territory and the Fed gave no curve balls on that front...
Dollar, security yields ascend on U.S. rate trek wagers. The dollar hopped and world stocks were left level footed on Thursday after the Federal Reserve painted a generally splendid photo of the U.S. economy, boosting wagers that it will trek interest rates in September...
Current trend The pair growth, started this Tuesday, continued on Wednesday. Despite some interesting macroeconomic statistics, released in Japan, the yen fails to start a steady upward movement. On Wednesday Retail Sales rose by 0.9% at an annual rate in June which is 0.4% higher than expected...
Analyst Who Predicted Bottom for Shanghai Stocks Sees Further 14% Plunge. Chinese stocks will decline by about 14 percent over the next three weeks as the market demonstrates a trading pattern that mirrors the U.S...
Confidence Unexpectedly Rose to Four-Year Euro-region monetary certainty hit a four-year high this month, helped by alleviation Greece doesn't speak the truth to surrender the euro. The list of official and shopper supposition rose to 104 from 103.5 in June, the European Commission said Thursday...
The Hackers Take Advantage Of Twitter In Action. Programmers are kept up by the Government of Russia apparently using the person to person communication Twitter in completing their activity for breaking into United States Defense System...
H4 price is on bearish condition for ranging between 1.0941 support and 1.1082 resistance levels: Chinkou Span line is located below the price and crossing it in almost horizontal way for bearish ranging; 'reversal' Senkou Span A line is located in exact 1...
The Ascent Rate Plan Thrust. The U.S. Central bank anticipated on Friday (Thursday GMT), showing the u.s. economy is developing and the work business sector reinforced as it will probably bring rates up in September. The U.S...
According to the latest warning ratings agency Standard & Poor's produced, the drop that China's property market suffered this year could negatively impact the country's banks...
The Deutsche Bank updated their view on EUR/USD summarized all the factors and made a conclusion about target EUR/USD at 1.02 by Q3-end: "The European outflow story remains fully on track...
in case of trend line break out and Bump&Run pattern confirmation, the target of Long would be 1138 ~ 1140. Follow the green lines for Gold in the chart...
