Stocks and Dollars

On Tuesday Pound/Dollar decreased significantly with almost 130 pips. The Cable depreciated from 1.6115 to 1.5988 yesterday, in converse with the positive money flow sentiment at almost +12%, closing the day at 1.5991. Today the British Pound dipped further, reaching down to 1.5933.

EURUSD: The EUR/USD is currently trading at 1.2733 levels. Euro is trading at four months low, after Greece’s leaders failed to form a new government, thereby adding to the ongoing tensions for the country. As long as Euro region is concerned, Germany seems to be a strong economy, as the

Huge negative pressures have been seen during the past few hours and thus, we have moved from the daily studies to the weekly studies. We are currently witnessing an attempt to breakout below the major uptrend line started at 1.1865 zones- 2010 low- as seen on the provided graph. We

Huge negative pressures have been seen during the past few hours and thus, we have moved from the daily studies to the weekly studies. We are currently witnessing an attempt to breakout below the major uptrend line started at 1.1865 zones- 2010 low- as seen on the provided graph. We

The pair is still trading within the symmetrical triangle shown above, where the pair is closely approaching the head of the triangle. Trading is stable below 128.40 and that supports our expectations for the bearish move to continue today targeting areas of 127.10 then 125.65 and require stability below 129.05.

The pair is still trading within the symmetrical triangle shown above, where the pair is closely approaching the head of the triangle. Trading is stable below 128.40 and that supports our expectations for the bearish move to continue today targeting areas of 127.10 then 125.65 and require stability below 129.05.

The Greece’s decision to return to the election box in the search for a government caused a dangerous new phase in Europe’s debt crisis, Wolfgang Schaeuble the German Finance Minister calling the vote a referendum on whether the country stays in the euro. The country will run out of cash

The Greece’s decision to return to the election box in the search for a government caused a dangerous new phase in Europe’s debt crisis, Wolfgang Schaeuble the German Finance Minister calling the vote a referendum on whether the country stays in the euro. The country will run out of cash