EUR/USD: general analysis On Wednesday the pair traded in the narrow channel of 1.1154-1.1234. The market was under pressure expecting resolution of the Greek issue. Business climate index IFO in Germany fell by 1.1% in June due to probability of default of Greece and its exit from EU...
AUD/USD: Fibonacci levels analysis Downward movement can reach the level of 0.7600 At the moment the price is near the intersection of the level and Fibonacci arc for the short-term uptrend at the level of 0.7745 (level 38.2%, arc 38.2%). Breakdown of the arc will enable the rise to 0.7777 and 0...
EUR/JPY: Euro is under pressure As the uncertainty in Europe around Greek problem is arising, investors seek safe-haven resort, such as the Yen...
USD/CHF: Fibonacci levels analysis Upward movement is likely to continue. The arcs and levels of Fibonacci for the short-term trend cross at the level of 0.9350 (level 50.0%, arc 38.2%). The price is near the intersection point. It has repeatedly tested the arc 38...
GBP/USD: review and forecast Yesterday, as the USD was strengthening, the pair GBP/USD declined and reached the level of 1.5684...
USD/JPY: the Yen is not strong enough for correction At the beginning of the week, the pair reached resistance level of 124.09 (23.6% Fibonacci). However, after the release of US statistics on Durable Goods Orders that shrank by 1.8% and GDP figures that presented economy contraction by 0...
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...
The pound sterling was not moving too much against the u.s. dollar on Thursday (25/06) this afternoon with still hovering near a one-week low levels with investors keeping an eye on the release of US data on personal spending and the penganguran claim to identify the further development of the u...
Additional margin coverage in EUR pairs this weekend Dear Trader, With the uncertainty surrounding the ongoing Greece debt negotiations, there is potential that an announcement over the weekend will have a significant impact on the market open on Sunday, June 28th...
"I think the public is walking into a trap again as they did in 2007," activist investor and chairman of Icahn Enterprises Carl Icahn told CNBC. "I think it's almost the duty of well-respected investors, like myself I hope, to warn people, to tell people, that really you are making errors...
Aud/USD 4hr Up Channel , looking for bullish pattern to complete 100% rejection fibo , Having Support on 100 MA (0.7724) with 38.2 Fibo, another 4hr Support with double bottom on (0.7679) 0% fibo, it could be break 38.2 fibo to complete 50% (0.7760) or 61.8% ( 0...
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...
CHF/JPY: Long postion closed Position has been opened on May 6 and closed today with a profit of 189 pips. In the last days the pair is consolidating and the 4 Hour chart is looking weak, the other charts are showing some weakness too...
"EUR/USD is watching the Greek debt talks but following the bond market. EUR/USD moves correlate more at the moment with the 10yr Bund/Treasury spread that with 2-year spreads." "These correlations are not going to last for long. But for now, we suggest that EUR/USD is currently in a 1.11-1...
Speculation around a US rate hike, some much needed strength from the US economy and weakness in the Yen all made for a nice little melange to push the FletcherGoldman signal into profitable territory this week...
"This could be due to lingering uncertainty about the deal. Indeed, various media reports have highlighted creditors' concerns that the new proposal is putting too much emphasis on new taxes (on both businesses and households) to balance the books...
