0.0 00 Power corrupts and having power is an enormous responsibility. However, the power one has does not mean an adversary will fold and cease to resist. One needs to constantly asses their capabilities and know that …
Read More »USD/CAD – The Dollar Hits a Fresh Three Month High
0.0 00 USD/CAD (1.2584) Support Levels: 1.2525, 1.2447, 1.2371 Resistance Levels: 1.2617, 1.2770, 1.2921 Trade Strategy: Stand Aside The USD/CAD continues to push higher as the Dollar gains bullish momentum. If you look at the RSI …
Read More »EUR/GBP – The Euro is Treading water Above the 0.70 Pivot For Now
0.0 00 EUR/GBP (0.7090) Support Levels: 0.7075, 0.7044, 0.6988 Resistance Levels: 0.7139, 0.7188, 0.7234 Trade Strategy: Stand Aside The euro, which gapped sharply lower in most of its Forex markets this week, has started to consolidate …
Read More »EUR/USD – The Euro Goes into a Range Trade
0.0 00 EUR/USD (1.1102) Support Levels: 1.1128, 1.1055, 1.0965 Resistance Levels: 1.12, 1.1289, 1.1344 Trade Strategy: Stand Aside The euro has gone into a quiet consolidation mode as the world continues to eye the happening in …
Read More »Puerto Rico is Getting Ready to Default
0.0 00 The little island commonwealth, and protectorate of the United States of America, Puerto Rico is about to default as it is carrying a large amount of debt it cannot pay back. This is way …
Read More »GBP/JPY – Slowly Moving Lower, Short at 192.84
0.0 00 GBP/JPY (192.493) Support Levels: 190.90, 187.84, 185.38 Resistance Levels: 192.79, 194.92, 195.88 Trade Strategy: Short at 192.84, target 190.90 The GBP/JPY is moving slowly lower after breaking the two month rising trend support, seen …
Read More »BREAKING NEWS: Greece Confirms it will Default to the IMF
0.0 00 The nation of Greece has run out of money. They have rejected the conditions Europe set for releasing the next tranche in bailout monies which expires tomorrow at midnight. The Greek government has said …
Read More »USD/JPY – Range Support Under Pressure
0.0 00 USD/JPY (122.191) Support Levels: 122.35, 121.55, 120.51 Resistance Levels: 123.17, 124.20, 124.82 Trade Strategy: Stand Aside The USD/JPY Forex market has fallen lower. This is expected after the formation of dark cloud candlestick, which …
Read More »EUR/USD – The Euro Breaks Through 1.12 in Intraday Trading
0.0 00 EUR/USD (1.1190) Support Levels: 1.1187, 1.1099, 1.1042 Resistance Levels: 1.1260, 1.1335, 1.1425 Trade Strategy: Stand Aside Thanks to volatility with Greece, the EUR/USD gapped sharply lower than recovered during intraday trading to the 1.12 …
Read More »What Do Capital Controls Mean in Greece?
0.0 00 The threat of capital controls which has been hanging over Greek citizens is finally here. What does this actually mean not only for Greeks but tourists on holiday in the embattled nation? Today, employees …
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