The euro faces a volatile start to trading in Asia after Greece was told it must pass legislation on austerity measures through parliament before detailed negotiations with creditors on financial aid can begin. The shared currency was quoted at $1.10805 via EBS pricing as of 2:51 p.m...
D1 price is located below 200-day MA and below 100-day MA for the primary bearish market condition with secondary market rally as local uptrend: 23.6% Fibo level at 0.9429 was broken by price from below to above with next levels on 100-day MA at 0.9500 and 200-day MA at 0.9520...
European finance chiefs said they were unlikely to strike a deal on the outlines of a third Greek bailout, threatening to delay the cash infusion Prime Minister Alexis Tsipras desperately needs...
The fast-growing global drone industry has not sat back waiting for government policy to be hammered out before pouring investment and effort into opening up this all-new hardware and computing market...
Let’s start with a review of last week’s forecast: - regarding EUR/USD, 64% of the analysts expected the pair to fall by at least 100-200 points while 18% of the analysts claimed that the euro would rise to 1.1250...
The idea of a temporary Greek exit from the euro, reprised Saturday by Germany’s Finance Ministry, won qualified support from Chancellor Angela Merkel’s deputy, signaling broader acceptance for such a step within her government...
The rising page count and complexity of the nuclear accord being negotiated between Iran and six world powers has made it impossible to conclude the document on Sunday, according to four officials at the talks...
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...
