«Market Leader» - news and previews making you rich.

Friday, 25 July 04:20 (GMT -05:00)


Market Leader Free Newsletter
Your Name:
Your Email:

Foreign exchange market

EURUSD: All Eyes On Greece


 

 

Greece has 3 days to form a coalition government. Otherwise, the country will face another round of elections. Today Evangelos Venizelos, PASOK leader, will meet with Antonis Samaras, leader of “New Democracy”, the party that was the frontrunner during the first round of elections.

 

 

 

 

 

 
Yesterday Venizelos had talks with Fotis Kuvelis and was content with the results as both the leaders share the same point of view on multiple issues, including eurozone membership, coalition government, ways of overcoming the crisis etc.
 
Other EU politicians keep monitoring the political situation in Greece.
 
Forex.
 
According to the SRP Department of Masterforex-V Academy, EURUSD keeps working out the bearish RP (reversal point) of wave level H4. It will be finished as soon as the main line of the AO_Zotik indicator will cross its support/resistance line.  The currency is forming a retracement wave on timeframe H1. If there are no signals canceling the scenario, the price is expected to complete sub-wave B and to start an upswing – sub-wave C.

 

 

 

 

You are free to discuss this article here:   forum for traders and investors

 

Add to blog
Got a question? – Ask it here »
 

Winner of Trader Contest “Larson and Holz” Tells about Secrets of his Success at Forex

 

There exists a great number of different contests for traders at Forex market. But by no means are all of them equally effective. Moreover, some of them, held by “kitchens”, promise great money prizes, chic SUVs, and keys from apartments, but in fact draw participants into real market, where the former happily empty the deposits of the latter.
 
Publication date: 22 July 06:47 PM

EURUSD: Euro Goes Down to 1.3458 Against US Dollar

 

During today's American trading session, the common European currency is still going down, thereby following the tendency seen last week. During the European trading session the bears managed to make the common currency devalue against its American counterpart down to the 5-month low, which used to be 1.3476. At the second part of the trading day, the price made another low. This time it was 1.3458.
Publication date: 22 July 11:09 AM

EURUSD: Euro Keeps Going Down

 

Yesterday, trading session was subject to low volatility, which is not typical of such a major as EURUSD. The currency pair spent entire trading day fluctuating within the scope of a pretty tight price range between 1.3512 and 1.3548.
 
Publication date: 22 July 07:31 AM

EURUSD Stays Flattish

 

After hitting today's high at 1.3524, the common currency declined down to 1.3518 at the beginning of the European trading session. The decline was caused by weaker-than-expected economic data from Germany published a couple of hours ago by Destatis.
 
Publication date: 21 July 11:51 AM

EURUSD Trades Close To 1.3519

 

After hitting today's high at 1.3524, the common currency  declined down to 1.3518 at the beginning of the European trading session. The decline was caused by weaker-than-expected economic data from Germany published a couple of hours ago by Destatis.

 

Publication date: 21 July 07:55 AM

Forex Trend and Forbes Start First World Contest of PAMM Managers

At the times of rather tense economic situation in Russia and CIS countries more and more citizens are obliged to look for alternative ways of earning.  Once popular bank deposits have become meaningless as a source of passive additional profit – 7-8% per annum does not cover inflation. Therefore, many people “go to” Forex – the world’s largest financial, owing to innovative technologies of which even beginners can get stable and high profit from every deal.

 

Publication date: 21 July 12:43 AM

Forex Traders: It Is Possible To Benefit From Inflation

 

According to many sociological surveys, many people all around the world still prefer to keep their hard-earned savings at home. Still, they are unaware of the fact that it is impossible to keep their money safe at home anyway as inflation gradually devalues the money and deprives it of its purchasing power day by day, month by month.
 
How to secure your savings against inflation? Let’s ask several Masterforex-V Academy, a reputable expert in everything that concerns money, trading and investment.
Publication date: 18 July 10:30 AM

EURUSD Goes Flattish

 

The 3-day range  of the common European currency suspended a little bit during today's European trading session. After the currency pair set another local low at 1,3512, the price started trading within the scope of a pretty narrow range between 1.3512 and 1.3539.
 
Publication date: 18 July 09:23 AM

Forex Trend Opens “Summer Money Boom” at Forex

 
Everyone of us would like to get such source of profit that would never run out; consequently, there would be no threat of financial collapse. However, in the conditions of non-stop inflation growth instead of increasing their capitals more and more citizens are obliged to record predominance of expenses over their earnings.
Publication date: 18 July 08:09 AM

EURUSD Goes Up To 1.3539

 

The common European currency is still recovering a bit against the American currency on Thursday, July 17th, At the beginning of the European trading session, the common currency started gaining value against the US Dollar after a major 2-day-long decline triggered by Janet Yellen’s speech. She is currently presiding over the US Federal Reserve, also known as the Fed.
 
Publication date: 17 July 08:20 AM