Many banks estimated the value of EUR/USD at year-end as 1.04. For example, Barclays made forecasting long time before Grexit, 2 days before Grexit and after Grexit with one same value: 1.04...
The yuan may get significantly weaker, as analysts predict the Chinese government to stand down from its usual interventionist stance...
W1 price is located above 200 period SMA for the primary bullish and below 100 period SMA for the secondary ranging market condition between 141.05 resistance level and 126.09 support level: the price is on bullish ranging between key levels; price crossed 38.2% Fibo at 135...
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The International Monetary Fund (IMF) earlier Thursday cut its outlook of global economic growth for this year, citing weakness in growth of the U.S. economy...
GBPUSD: Targets Further Downside GBPUSD: Despite its present price hesitation, it faces downside pressure. On the downside, support lies at the 1.5400 level where a break if seen will aim at the 1.5350 level. A break of here will turn attention to the 1.5300 level...
Harmonic Trading, Volume One: Profiting from the Natural Order of the Financial Markets by Scott M. Carney...
Daily economic digest from Forex.ee Stay informed of the key economic events Thursday, July 9th AUD/USD broadly higher after positive reports on the Employment change. The unemployment rate in Australia also did not reach the expected level and additional support was offered by Chinese CPI data...
Today's headlines will tell you what's going on in China: the country is in a classic speculative bubble that has been popped. Since June 18th, China lost about $5 trillion in value...
XAU/USD, H4 Let’s look at the four-hour chart. Tenkan-sen line is below Kijun-sen, the red line is turning upwards and can soon cross the flat blue line, forming a signal to buy. Confirmative Chinkou Span line is crossing the price chart from below; current Kumo-cloud is descending...
NZD/USD: Short position opened A position has been opened for this pair. The NZD is the weakest currency after the AUD and the USD which is at the moment the strongest currency with a score of 8. A short position has been openened on July 1 at 0,6781 and the pair is still in a strong downtrend...
European leaders talked openly about a Greek exit from the euro ahead of a weekend summit on the country’s economic future, breaking dramatically with years of denial about the possibility...
This Chart Shows How Complex the U.S. Stock Market Has Become Stock market fragmentation has a silver lining In recent years, the U.S. stock market has changed dramatically, thanks to an influx of regulatory, technological, and competitive pressures...
It’s an easy way to game the stock market, and getting easier by the day. With some deft maneuvers, hedge funds and Wall Street trading desks are reaping hundreds of millions at the expense of index mutual funds, the investments of choice for a growing number of ordinary Americans...
European leaders set a Sunday deadline for Greece to accept a rescue, saying otherwise they’ll take the unprecedented step of propelling the country out of the euro...
Fed Officials Tempered Economy Optimism With Greece Concern Federal Reserve officials in June saw the economy moving toward conditions that would support an interest-rate increase, while also expressing concern about weak consumer spending and risks from China and Greece...
Dear Trader, The uncertainty surrounding the ongoing Greece debt negotiations is generating an increased volatility in the markets, this has increased as a of the result of the referendum held Sunday the 5th July 2015...
Chinese Trading Suspensions Freeze $1.4 Trillion of Shares Amid Rout Chinese companies have found a guaranteed way to prevent investors from selling their shares: suspend trading...
Current trend Chinese stock market is falling while the government is trying to stop the panic and prevent further fall. Chinese regulator asked state owned companies to avoid selling their own shares to stabilise the market. Despite their attempts, Shanghai Composite fell by 5...
