0.0 00 The Eurozone, the International Monetary Fund (IMF), Greece and the entire Troika are walking a tight wire as the negotiate Greece’s payback of its enormous pile of debt they owe. Greece will now close …
Read More »Video: EUR/USD – The Euro Tanks Further on Greece
0.0 00 Greece and a Greek exit from the Eurozone has sent shivers down the spines of trades in the Forex markets. The EUR/USD has moved lower once again as the Troika has said no to …
Read More »China’s Biggest IPO Since 2010 Rockets Higher
0.0 00 Today shares of China’s Guotai Junan Securities made their IPO debut on the Shanghai. The shares soared 44 percent as the company raised 30.1 billion yuan. This is China’s biggest IPO in five years. …
Read More »EUR/USD – The Euro Takes a Breather Above the 1.11 Level
0.0 00 EUR/USD (1.1183) Support Levels: 1.1128, 1.1055, 1.0965 Resistance Levels: 1.12, 1.1290, 1.1344 Trade Strategy: Stand Aside The euro fell like a stone the other day seeing the biggest one day drop in three months …
Read More »High-speed trading whirlwind moves on
0.0 00 High-speed trading whirlwind moves on High-speed trading whirlwind moves on Jun 25, 2015 : Technology and regulation has ushered in a revolution in equities trading, wresting large parts of the daily flow from the …
Read More »NZD/USD—Opting Not to Go Long Kiwi Right Now
0.0 00 NZD/USD (0.6910) Support Levels: 0.6815, 0.6744, 0.6658 Resistance Levels: 0.6950, 0.7032, 0.7170 Trade Strategy: Stand Aside The NZD/USD Forex market has pushed higher as the Kiwi is attempting a rebound. Please refer to the …
Read More »USD/CAD – The Loonie Continues its Fall Lower
0.0 00 USD/CAD (1.2372) Support Levels: 1.2280, 1.2220, 1.2128 Resistance Levels: 1.2385, 1.2447, 1.2525 Trade Strategy: Stand Aside The US Dollar continues to rebuild its losses and move higher against the Canadian Dollar. The Loonie has …
Read More »USD/JPY – The Dollar’s Rebound Stalls Below ¥124
0.0 00 USD/JPY (123.601) Support Levels: 123.17, 122.35, 121.55 Resistance Levels: 124.10, 125.10, 125.92 Trade Strategies: Stand Aside The USD/JPY climb higher stalled below the pivot located at ¥124. As you can see on the below …
Read More »AUD/USD – More Ozzie Losses Seem to Be Inevitable
0.0 00 AUD/USD (0.77195) Support Levels: 0.7715, 0.7631, 0.7565 Resistance Levels: 0.7765, 0.7817, 0.7879 Trade Strategy: Stand Aside The AUD/USD Forex pair looks to be moving lower once again as the Aussie Dollar wants to resume …
Read More »Greece: Deep Divisions Between Reforms and the Future
0.0 00 The Greek drama continues to unfold like a Shakespearian tragedy. Greece, the European Union and the International Monetary Fund (IMF) are now involved in last ditch efforts to offer new reforms. These efforts have …
Read More »