Technical Analysis

  • Forex Technical & Market Analysis: June 13 2013

    Jun 20, 13 • 6309 Views • Featured Articles, Technical Analysis • Comments Off on Forex Technical & Market Analysis: June 13 2013

    IMF approves €657 million bailout tranche for Portugal The International Monetary Fund (IMF) approved the seventh tranche of Portugal’s bailout Wednesday and gave the country more time to meet its budget-cutting goals. The IMF will disburse the next...

  • Forex Technical & Market Analysis: June 06 2013

    Jun 6, 13 • 7011 Views • Featured Articles, Technical Analysis • 1 Comment

    EUR Prime for a Breakout on ECB The euro is prime for a breakout. Unlike other major currency pairs, EUR/USD traded in a relatively tight range throughout the European and North American sessions. On a technical basis, the currency pair stayed between the 100...

  • Forex Technical & Market Analysis: June 04 2013

    Jun 4, 13 • 2384 Views • Technical Analysis • Comments Off on Forex Technical & Market Analysis: June 04 2013

    Fitch cuts Cyprus to B-, negative outlook Fitch Ratings has downgraded Cyprus’s long-term foreign currency issuer default rating by one notch to ‘B-‘ from ‘B’ while keeping a negative outlook due to the country’s elevated...

  • Forex Technical & Market Analysis: June 03 2013

    Jun 3, 13 • 2633 Views • Technical Analysis • Comments Off on Forex Technical & Market Analysis: June 03 2013

    Keep an eye on the oil market after Chavez’s death Following the breaking news of Venezuela’s president Hugo Chavez death, which has no direct impact on the currency market, traders should, nevertheless, keep an eye on the Oil market, as it may...

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