While the pair remains stuck between $1.08 and $1.1040, the trend is neutral, and choppy trading is expected to prevail in the coming days
28/06/2015 - h 17:00 - Rome - Eurozone Rejects Greek Bailout Extension: All Bailout Programs Expire On June 30 - ELA to Greek banks maintained at its current level -Greek government will be "looking overnight at imposing capital controls and closing banks on Monday -People won't be allowed to take €300/day -: ECB SAID TO VIEW BANK HOLIDAY FOR GREECE AS...
Bell is a solid performer only recently experiencing a minor pullback. If price drops below $51 it will enter a solid accumulation zone anywhere above $46.50 with a take profit sell target above $57.
Eur vs Usd - 1 months Long-term view 1.0450 main support . The break of support with the closing of the the monthly candle inside downward channel push the cross to parity by June or at the September 2015. Trade from 1.0450 - Area of earnings up to a minimum of 2001 , stop at max last month ( March 2015 ). The FIB retracement from top 2014 seems to confirm the...
2007-2012: Convergence between S&P500 trend and yield on Treasury 30y USA: - Downhill stocks leads to a reduction in yields on the bond market . The flow of money coming out of the US stocks and goes to US bonds for the "safe haven" - RISK OFF. - Rise in share prices on stocks leading the market yield bonds to rise due to the vendite.Flow of money out of the US...
Looking at the weekly timeframe, i can see double roof at 11200 and several bear market candles after it. Maybe if the Trend line since Jun 2012, when the Ibex index made a floor, we can confirm the roof and change into a bear market. We´ll se what is going to happen, in the event the BCE start it´s own ¨QE¨ maybe the bullish market can hang in there and go up again.
Stay short EurGbp or, if you prefear, long GBP! Since the macro economic data started to improve, the pressure on the exchange rate has became stronger. The beginning of rates normalization will make the UK's currency more expansive versus the Euromoney. At the same time, the chart seems to confirm the bearish view: It is unlikely (given also the macro-analysis)...
System ESG this stock have 75% success. Target 44.74$ (4.50%) Stop 41.96$ (2.00%) or close it in 15 sessions at close
After BCE draghi announcement and break structure of 1.30 and chanel. We might go down until new structure support at 1.2770
Dear fellow traders ! Eurozone shows some weaknesses to keep a strong Euro. As we already know European politicians seem a bit confused about a way to fight unemployment and inflation rates at the same time. But a decreasing euro price could leads to a nice increase of external demand to European goods and stimulate exportation. Moreover the international...