EURUSD: Closes Higher With Caution EURUSD: Though EUR closed higher the past week, it gave back most of those gains suggesting a move lower may occur in the new week. Resistance is seen at the 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level...
In this article I will provide my view on the GBP/AUD, NZD/USD, GBP/CAD and the AUD/CHF. These are the pairs that I am currently interested in or was interested in last week for trading with the FxTaTrader weekly strategy...
EURUSD: "The market has distanced a long-term overstretch and support at a lower trendline, both likely restricting the maneuverable area below in the short-term timeframe perspective. Should a recent 1.1468 high be taken out...
Here’s the market outlook for this week: EURUSD Dominant bias: Bearish Current events in the Eurozone will continue to shape the movement of EURUSD and other EUR pairs this week...
Greece referendum sounding like a ultimatum Exactly at the point in time when Europeans were eventually acknowledging that an agreement was within reach, the decision by Prime Minister Alexis Tspiras to organize a referendum on 5th of July was a surprise and dramatically increased the risks...
Greeks voting on their future in Europe Greeks are voting Sunday on their future in Europe, putting the eurozone to its biggest test yet...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Dollar trades lower after so-so June jobs report The dollar traded lower Thursday after the June jobs report revealed that the pace of employment growth has been lower than it was a year ago, even as the labor market has recovered from its first-quarter slump. The U.S...
President of the federal reserve (Bundesbank) Jens Weidmann attends the weekly cabinet meeting at the Chancellery in Berlin, Germany, July 1, 2015. Reuters/Fabrizio Bensch...
First, a few words about last week’s forecast: - Regarding the EUR/USD pair, our predictions ended up being correct. We talked about the continuation of the sideways trend along with a certain advantage for the “bears”, which had to have pushed the pair down to the 1.1035 support level...
Greece on the Brink as Tsipras Faces Off Against Europe on Aid Greek and European leaders are dug in before the country’s referendum on austerity, as polls showed the outcome of Sunday’s vote is impossible to predict and what happens afterward even more uncertain...
Greeks were voting Sunday on their economic future amid concern the country's banks are almost out of funds and that rejection of further austerity could push it out of the euro area...
A recent report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says that China’s national currency got firmly established in the top 5 of the most used currencies of the world’s economy...
Greferendum preview, NFP review and more Greece tops the headlines and for good reasons. The reverberations go well beyond the debt stricken country. And from one such country to the other, we move to Puerto Rico and make the necessary comparisons...
The Missing Diamond Shortage Long promised diamond supply gap stubbornly refuses to materialize If you’ve ever been to a diamond investment pitch you’ve probably seen ‘The Chart,’ the one where diamond demand soars, while supply trails forlornly in its wake...
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...
Printing the Drachma: The Messy Future of a Post-Euro Greece Introducing a new currency is no small feat...
USDCHF: Having closed almost flat the past week following its two-day weakness, risk of further decline cannot be ruled out. On the downside, support comes in at the 0.9300 level. A turn below here will open the door for more weakness to occur towards the 0.9250 level and then the 0.9200 level...