Sergey Golubev / Blog
EUR/USD: "Should hold the recent range today. Greek negotiations will continue Saturday morning and the 'final deadline' is now set for early next week. It's obvious that everyone involved is trying really hard to find a solution but it's also very clear that there are plenty of difficulties...
"OVERVIEW AND STRATEGY: The USD depreciated through June, though overall it remained relatively well supported. The Fed eased market fears once again by emphasising that any tightening path will be gradual, while at the same time firming expectations that the first hike would occur in 2015...
W1 price is located above 200 period SMA and 100 period SMA for the primary bullish with secondary ranging which was started between 118.49 support level and 125.85 resistance level: 23.6% Fibo support level at 119...
Weekly price was on bearish market condition since the February 2012 with some ranging between Senkou Span A line on the top and key support levels on the bottom. For now - the price is ranging between the following: 17...
W1 price is located below 200 period SMA and 100 period SMA for the primary bullish ranging between 61.8% Fibo support level at 1.0856 and Fibo resistance level at 1.1471: 23.6% Fibo support level at 1...
US DOLLAR TECHNICAL ANALYSIS - Prices moved higher as expected after producing a bullish Morning Star candlestick pattern. A daily close above the 38.2% Fibonacci expansion at 11888 exposes the 50% level at 11937...
Higher probability scenario we are currently tracking is a smaller degree expanded flat correction that eventually works down towards 1.09-1.10...
ISM Index (Institute of Supply Management's index, former NAPM - National Association of Purchasing Managers) is the index of business activity. ISM figures above 50 are usually considered as an indicator of expansion, while values below 50 indicate contraction...