Here’s the market outlook for this week: EURUSD Dominant bias: Bearish This pair trended downwards in the first few days of last week, challenging the support line at 1.0950...
EURUSD: With EUR closing higher the past week, we look for more recovery higher to occur. Resistance is seen at the 1.1250 level with a cut through here opening the door for more upside towards the 1.1300 level. Further up, resistance lies at the 1.1350 level where a break will expose the 1...
Greece has submitted its proposal, which is one that the creditors will find hard to reject. Nevertheless, there are good reasons to see the euro falling...
The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier this weekend...
Undoubtedly, European turmoils take toll in the euro volatility. But if you want to know what's gonna happen to the currency in the long term, have a look at crude. The euro-dollar rate is tracking crude prices more closely than at any time in the past two years, says Bloomberg...
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...
A research note from Goldman Sachs furthering their theme that they expect more US dollar appreciation. The uncertainty around the negotiations between Greece and its creditors means the market has low visibility, unable to trade beyond the immediate headlines, notes Goldman Sachs...
Tsipras Wants Money to Forget Democracy https://www.mql5.com/en/signals/111434 Greek Prime Minister Alexis Tsipras's favorite Twitter hashtag is democracy. On July 6, after his side won a referendum to reject creditors' terms for a continued bailout, he tweeted that #democracy had triumphed...
Stocks on Wall Street ended higher on Thursday (Friday morning EDT), rose from deep losses in the previous session, after a strong rise in Asian and European equity markets. Dow Jones Industrial Average rose 33,20 points (0,19 percent) to close at 17.548,62...
Russian President Vladimir Putin warned of dangers to the global economy from U.S. borrowing while saying Greece isn’t solely to blame for its debt crisis...
Yellen Maintains Outlook for First Rate Increase in 2015 Federal Reserve Chair Janet Yellen, speaking after weeks of financial-market turmoil over China and Greece, maintained her call for an interest-rate increase this year as the U.S. economy improves...
A block of labor market statistics is coming out in Canada today. Net Change in Employment, Unemployment Rate and Participation Rate are due to be published. Lately, Canadian economy was doing poorly amid financial markets turbulence and falling commodities prices...
There is some forecasting for EUR pairs (EUR/USD, EUR/GBP and especially for EUR/JPY) provided by BNP Paribas. "This scenario produces a relief rally across most asset classes. European equities would rally and peripheral spreads would narrow...
Morgan Stanley evaluated some long-term/short term scenarios concerning EUR in case of Greece. Short-term evaluation: "Should Greece sign a deal, a short-term EUR rebound should be followed by EUR weakness as investors are likely to move back into EUR-funded carry positions...
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: What does the Greek crisis remind the U.S. of? Puerto Rico...
Day Trading and Swing Trading the Currency Market: Technical and Fundamental Strategies to Profit from Market Moves by Kathy Lien Discover a variety of technical and fundamental profit-making strategies for trading the currency market with Day Trading and Swing Trading the Currency Market...
The Societe Generale Team, sees bullish potential ahead for USD/CAD if the Bank of Canada surprises the markets again with a rate cut in next week’s meeting, also the drop in oil prices combined with soft economic data suggests it is too early to rule out further easing possibility from the centr...
Daily economic digest from Forex.ee Stay informed of the key economic events Friday, July 10th EUR/USD opened today’s trade at 1.1034 and was headed up since then...
Let's provide simple forecasting to crude oil at year-end using simple technical analysis tools: support and resistance lines, and Simple Moving Averages indicator (which is standard indicator in Metatrader 4 and Metatrader 5) As we see from the charts below (W1 timeframe and MN1 timeframe for EU...
It certainly has been an interesting trading week. What has intrigued me the most has been the euro. Almost every pundit out there was predicting the end of the euro as we know it after the Greek referendum. There was every reason for the euro to fall, but that hasn't happened...
