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

Search »

Masterforex-V: Documentary on Forex – What Don’t We Know?

Tips For Forex Traders: +144% In 10 Days

The Washington Post On European Crisis and Euro

Masterforex-V Expo: Best Forex Brokers. April 2013

Masterforex-V Expo: Rating of ECN Brokers

Masterforex-V Books

Market Leader Free Newsletter

Foreign exchange market

EURUSD: Spain, Greece, ECB

06 July 05:58 AM

Forex news, EURUSD.
EURUSD remains under pressure due to numerous problems of the countries of Eurozone. Investors have not been impressed by the support plan to Spanish banks – the country’s bonds keep rising. Madrid has displayed bonds with various maturities, but for higher percentage – 10-year bonds have been sold at record rate, namely 6.4%.
Greece, as admitted by the country’s new Finance Minister Yannis Sturnaras, has for some time failed to follow EU requirements on reduction of state expenditures. Thus, IMF made it clear that such craftiness would not help and that there would be no concession. If in the nearest future Athens do not receive another tranche, amounting to 31 bln. euro from the EU, the country’s budget will run out.
In such circumstances, European Central Bank has lowered the basic credit rate by 25 points, to 0.75%. ECB deposit rates have been lowered to zero for the banks of Eurozone. Other measures on watering-down monetary policy are yet expected.

According to the specialists of the System of Early Prediction Sub-department of Masterforex-V Academy, at Forex market EURUSD continues h1 down wave "С". Correction to it is formed at lower timeframes. The potential of reversal trend to this correction is to be carefully observed; at this point, though, there are no signals of such.

Analysis by: Alex von Stachelkopf, analyst of Forex EURUSD Department, trader of SRP Sub-department of Masterforex-V Academy

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

Got a question? – Ask it here »

Hot news

Asian-Pacific Indices Go Red

European Stock Indices Go Red On Poor Reports

FBS: FX Bazooka – Analytical Portal of New Generation

Brent Comes Close To $105/b.

USDJPY Outlook

Stimulating the Japanese economy seems to be finally paying off. The real GDP in Japan grew by 3,5% in Q1 2013, which is the best performance seen over the last 12 months.

Publication date: 20 May 05:32 PM

Today, on May 20^th, Forex started a new trading week. There have been no radical changes in the market of EURUSD so far. The previous bearish move was elongated by some 200 points. The price keeps developing the ABC pattern of wave level Daily. The move hasn’t reached any of the given targets so far.

Publication date: 20 May 06:15 AM

It seems like more and more experts feel bearish on the near-term prospects of the common European currency. Some of them say that EURUSD may even drop down to 1,15 in late 2013. If this is the case, this will be the lowest level in 10 years.

Publication date: 17 May 10:35 AM

The current weakening of the Japanese Yen was fairly predictable for investors. However, after USDJPY exceeded the 100 limit, experts got divided over the prospects of the currency pair.

Publication date: 17 May 06:27 AM

Yesterday, on May 15^th 2013, Eurostat published a eurozone GDP report, which reflects the economic dynamics in al the 17 countries. The figures turned out to be much worse than expected. In Q1 2013, the aggregate GDP dropped by 0,2% as compared to the previous quarter. At the same time, tere was a 1% decline year-over-year.

Publication date: 16 May 05:06 AM

Stability is a cornerstone of success. While standards can change, such things as quality, reliability and safety will always be of great value.

There are hundreds of broking companies. However, few of them can actually boast premium-quality services and competitive trading conditions. Larson&Holz is one of such broking companies.

The company keeps evolving and improving the existing products and services while staying client-oriented and focused on innovation.

Not so long, the broking company offered even better trading conditions on NDD-based trading accounts. Let’s have closer look at the offer.

Publication date: 15 May 08:51 AM

These days, few people do not know about Forex. Most people know that this is a currency market that gives everyone an opportunity to make money by trading currency pairs. Unfortunately, there are many people that treat Forex as some kind of a scam or bingo play… or they are sure that it is impossible to trade Forex profitably. Indeed, most traders do lose in the long run, but this is how it works. This holds true for any market.

This is a rather controversial issue that needs comprehensive analysis.

Publication date: 14 May 12:08 PM

What is the key factor of successful trading? There is no universal answer to this question. Everyone can give his own reasoning. However, the most typical answers include:

Publication date: 14 May 09:49 AM

The Bank of England has left its policies unchanged. The MPC is probably not going to make any major changes until the new BOE Governor takes office.

Publication date: 13 May 07:11 PM

Japan’s external account showed bigger surplus in March. The actual figures reached ¥1251bn. This was a major increase against ¥637bn in February.

Publication date: 13 May 06:57 PM

Other media

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

Foreign exchange market

EURUSD: Spain, Greece, ECB

USDJPY Outlook

EURUSD: Intraday Outlook

Experts: EURUSD Will Drop Down To 1,15

Japanese Yen: Market Outlook

Trichet: Situation In Eurozone Gets Worse

Larson and Holtz: How to Trade with Zero Spreads?

Masterforex-V: Documentary on Forex – What Don’t We Know?

FIBO Group: High Leverage – Good or Evil?

British Pound Keeps Weakening Without New Easing Steps

External Account Surplus Reverses USDJPY