Greek Prime Minister Alexis Tsipras called a referendum on the terms offered by creditors for the latest aid package, saying they’re seeking to humiliate the Greek people who must provide a democratic response...
W1 price was on bullish breakout since 17th of May this year: price broke key resistance levels and stopped by 125.85 level with secondary ranging. For now - W1 price is ranging between 125.85 resistance and 118.49 support levels...
The first step is to recognize the news related to the monetary easing The Fed or the provision of the stimulus (QE3) which is the focus of thinking the market participants over the main factors strengthening/attenuation u.s...
W1 price is on bearish ranging market condition since end of April this year: price is moved within the channel of 1.1466 resistance and 1...
W1 price is on bearish market condition since July last year: price crossed 'reversal' Senkou Span A line and moved up to 60.92 support for the secondary ranging. For now - the price is moved within narrow channel of 69.57 resistance and 60...
In this article I will provide my view on the CHF/JPY, GBP/AUD, NZD/CHF and the USD/JPY. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
This week's initial estimate of USD strengthened against the Eur will remain, it can be seen from the ring that has not been fulfilled for Low Monthly, so the opening tomorrow will mark with a leap of candle is declining, and the possibility of improving effect will start on Thursday or Friday...
"A resolution to Greek debt negotiations may reduce downside risks, but a weak currency is needed to underpin the recovery...If anything, the risks to monetary policy are for additional QE as the current ECB forecasts are based on a full implementation of the existing program," ANZ argues...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish Because of current events in the Eurozone, EUR pairs may well open with gaps this week and, if so, they will harbinger great volatility for the rest of the week...
Economy needs higher pay to boost spending, U.S. growth WASHINGTON (MarketWatch) — Like an assembly line, the U.S. has been churning out healthy job gains of more than 200,000 a month for over a year...
EUR/USD is undergoing consolidation as headlines related to Greece are becoming more confusing. But it’s not only Greece: the pair has bigger drivers, and they could send it in a clear direction...
The euro was broadly lower against the other major currencies on Friday as concerns over the risk of a Greek default weighed as negotiations between Greece and its creditors continued. EUR/USD was down 0.35% to 1.1164 in late trade, and ended the week with losses of 1.74...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week which is then followed by my review on the FxTaTrader strategy...
Countless meetings were already held, but negotiations between Greece and the creditors always end nil. The talks resumed Saturday, one last chance to avert a Greece default. This might be the determination of whether a deal or a default occurs...
There will be a meeting of the Eurogroup today to seek a final deal between Greece and its creditors ahead of the IMF loan payments are due on 30 June. Without a deal on financial aid, Greece will not be able to do this payment and technically it will be declared default...
Firstly, a few words regarding last week’s forecast: - The majority of experts tended towards the view that the EUR/USD pair would maintain the monthly sideways trend and would therefore descend to its lowest level - the 1.1200 area and possibly beyond that to 1...
The possibility of China’s currency to become the IMF's global reserve currency is set to trigger a huge sell-off of the dollar and a massive flood of cash into the yuan. Investors now need to plan for a flood of wealth undermining the dollar and moving into the yuan...
'Our expectation is still for a successful outcome from the talks. If this is confirmed over the weekend, we suspect that USD could emerge as the biggest beneficiary and expect it to extend its gains against a broad range of G10 currencies...
