Currencies
were somehow volatile for today, but no clear direction. It seems like the big
players are staying on the sidelines, just awaiting a solution to the Greek dilemma.
Over the weekend markets are closed and investors and traders were not willing to
leave big positions open, because we don’t know for sure what may happen with
Greece. If no deal is reached tomorrow, Saturday, then they still have until
Tuesday to come to an agreement. Therefore, we may still be on stand-by mode
until next week.
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WTI oil at the 200 day EMA
WTI oil breaks below the 66.27 support zone and accelerates its bearish momentum towards the 200 day EMA around the 64.30 level. We have b...
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The USD/CAD gets tangled between the 21 day EMA and the 55 day EMA, also between the 1.2800 and the 1.3000. From this point the pair may go...
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The price of gold is still consolidating as shown on the daily chart between the 1281 as support and the 1304 as resistance. At the 1304 lev...
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The EUR/USD has been very volatile lately, but it has not taken a clear a direction. The pair has been consolidating between the 1.2300 leve...

Uncertainty is in fact the situation!
ReplyDeleteI agree with you.
ReplyDeleteImportant and essencial information.
ReplyDeleteObviously it was a smooth week, but let's see what will bring tomorrow!
ReplyDeleteI'm curious how the market will look like when it opens on Monday.
ReplyDeleteAll waiting for the Greek deal!
ReplyDeleteEveryone is waiting for Greece deal over the weekend.
ReplyDeleteInteresting days ahead.
ReplyDeleteand tomorrow greek banks are going to be closed lets see how this will effect the market.
ReplyDelete