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The Currency Score analysis is one of the parameters used for the Ranking and Rating list which was published earlier. It is recommended to read the page Currency score explained and Models in practice for a better understanding of the article...
When looking at the Top 10 in the Monthly Ranking and Rating list we can see that for the coming month the following stronger currencies are well represented for going long: GBP(5X) followed by the CHF(3X). The NZD(4X) is the weaker currency followed by the AUD(2X) with the JPY(2X...
"The upcoming referendum is in fact a referendum on the Greek membership in the Eurozone. Indeed, if the people of Greece turn down the reform proposal, the country will end up with no creditor funding (and no ECB support for its banks...
Greece will shut its banks Monday to avert a financial collapse after the European Central Bank froze emergency loans to the nation’s lenders...
Late last week, the Parliament of Greece do voting that later with the results of the votes versus 178 120, to hold a referendum on Sunday, July 5, 2015. The referendum will decide whether Greece would accept the terms of the proposed bailout of the Eurogroup or not the tumultuous market...
US Dollar - "Once markets get past the initial shock of the new Greek news, attention will turn to a frequently market-moving US Nonfarm Payrolls Report due Thursday...
The starting week will bring more worries in the market, as Greece and its creditors failed to break down the impasse...
On Monday a U.S.-listed exchange-traded fund that tracks 20 publicly traded Greek companies plunged in morning trade, as traders headed for the exits with Greece nearing default...
USDCAD: Although is seen threatening recovery higher, as long as it trades below the 1.2421 level, we still see risk to the downside. On the upside, resistance is seen at the 1.2400 level followed by the 1.2450 level. Further out, resistance comes in at the 1...
Turmoil in Europe lent support to gold Monday, as the European Central Bank’s decided to limit funds to Greek banks on Sunday, after the country's authorities said it would hold a referendum on whether to accept the terms of international creditors as it vies for fresh rescue funds...
Daily price was on ranging bullish movement with secondary correction: the price was stopped above 1.1129 key support level near 'reversal' Senkou Span A line which the border between primary bullish and the primary bearish on the chart. The price formed descending triangle with 1...
President of the European Commission Jean-Claude Juncker has made a notable intervention into the Greek impasse in what looks like desperate, last-gasp bid to prevent the country ploughing out of the eurozone, says the Guardian...
Switzerland’s central bank intervened in the currency markets Sunday night to stabilize the strong franc after the concerns over Greece’ potential exit from the eurozone spurred strong demand in the Swiss currency...
Stocks dropped around the world, while Treasuries and German bunds surged on growing concern that Greece will leave the euro region. Credit risk jumped the most since September 2008, and Chinese shares entered a bear market. The Stoxx Europe 600 Index slid 2.5 percent by 6:57 a.m...
“We see Q3 as the weakest quarter for gold, given rate hike expectations and weak price floor,” analysts at Barclays said in a research note published last week, adding that later on they expect gold to mildly recover...
The euro regained ground against the other major currencies on Monday after the Swiss National Bank said it intervened in markets to weaken the franc, following early steep losses driven by fears over the escalating crisis in Greece. EUR/CHF was last at 1.0389, off 0...
W1 price was on breakout as a market rally within the primary bearish market condition since the beginning of June this year but the price was stopped by 1.5929 resistance level and by Senkou Span A line. The price is started with secondary ranging market condition between 1.5929 resistance and 1...
The European Central Bank decided to maintain the same level of Emergency Liquidity Assistance at 89.4 billion euros, the same as on Friday. In doing so, it took the middle ground decision between expanding it and totally cutting off the ELA that was reported earlier...
