Dear Traders, Gold rebounded to $ 1,190 range due to increasing concerns over the issue of Greece. Negotiations were conducted by Greece and the creditors did not produce the expected results and ended only a short time, about 45 minutes...
Wilbur Ross, an American billionaire known for his investments in distressed assets, has no doubts that his investment in Greece's third-largest bank would work out, although the country appears to be edging closer to defaulting on its debt...
This is video interview with price action trader Al Brooks regarding his approach to the markets. Here is a summary of some of the key points: 1. Brooks is a price action trader with 27+ years of experience. 2. He is an active day trader, trading off the 5 minute chart. He trades the entire day...
USD is the strongest currency in longer term. Recent Core CPI and NFP readings have reaffirmed USD strength amid speculation of rate hike by September...
US DOLLAR TECHNICAL ANALYSIS - Prices continues to tread water after sliding to a three-week low last week. A daily close below the 11834-9 area (May 20 close, 50% Fibonacci retracement) exposes the 61.8% level at 11790...
Daily economic digest from Forex.ee Stay informed of the key economic events Tuesday, June 16th AUD/USD was falling this morning over dovish tones in RBA minutes. The pair is trading at 0...
NZD/USD . we can see a bullish divergence ,Currently the pair support on 50 MA , the next resistance could be 100 Ma, but judging from both TECHNICAL and FUNDAMENTAL alignment in the pair we could try to FADE a potential bullish retracement. First ( H1, 23.6 ) around 0...
W1 price is located on the primary bearish market condition with the secondary ranging within the narrow channel between 60.92 support and 69.57 resistance levels: weekly price is ranging between ranging between between 60.92 and 69...
Why Is This Event Important: BoE Governor Mark Carney may sound increasingly hawkish over the coming months as the central bank head anticipates stronger price growth in the second-half of 2015, and we may see a growing number of Monetary Policy Committee (MPC) officials prepare U.K...
EUR / USD rose modestly on Monday, as weekend talks are not productive in the Greek debt crisis gives an indication of the furthest that the cash-strapped nation could default on sovereign debt. The pair gained 0.0023 or 0.20% on Monday to 1.1283, remaining above 1...
FOMC: "Markets will pay close attention to the tone of the FOMC statement on Wednesday and watch for hints on the timing of the first rate hike...
Tomas Jordan, President of the Swiss National Bank, has little room for maneuver now that Switzerland's economy is on the verge of its first recession in more that six years...
Strategy of the week UK Consumer Price Index (CPI) UK CPI is big mover for the pound,and the reason for that is BOE expects CPI reading higher and improving every month.If that happens that is the next step to hiking the rates at the end of 2015...
"It appears that well supported BoE rate expectations continue to keep currency downside limited from current levels. In that respect it must be noted that medium-term inflation expectations, as measured by 5Y forward breakeven rates, remain close to multiweek highs...
Poor data for 1Q GDP and CPI have raised the possibility of a policy response from the Swiss National Bank at their 18 June meeting, notes Bank of America Merrill Lynch...
Ratings agency Standard & Poor's downgraded Britain's economic prospects as it estimated the country's potential exit from the 28-member bloc...
For today R4 - 0.7863 R3 - 0.7846 R2 - 0.7819 R1 - 0.7793...
Daily price is on primary bullish with the secondary ranging between 1.1385 resistance and 1.0915 support levels which was started on close daily bar in the beginning of this month...
