Analytics News and Market Forecast

The EUR remains a funding currency and is unlikely to benefit from any Greek resolution. "With EUR positioning down to just -10 from -35 earlier this year (on a scale of -50 to +50) according to our positioning indicator we think markets will be more comfortable resuming funding in EUR once Greek risks fade," BNPP…

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Talking about the launch Principal and Co-Founder Pedram Hasid said that they are launching Block26 to provide the Bitcoin community with much more than financing. He was quoted saying: "Beyond capital, our global network of experts in fields varying from financial services to software engineering to marketing to manufacturing and supply chain management will fully…

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ISM Index (Institute of Supply Management's index, former NAPM - National Association of Purchasing Managers) is the index of business activity. ISM figures above 50 are usually considered as an indicator of expansion, while values below 50 indicate contraction. Typically, when ISM approaches 60 investors begin to worry about possible economic overheating, inflation increase and…

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"EUR/USD is watching the Greek debt talks but following the bond market. EUR/USD moves correlate more at the moment with the 10yr Bund/Treasury spread that with 2-year spreads." "These correlations are not going to last for long. But for now, we suggest that

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S&P 500 TECHNICAL ANALYSIS - Prices may be preparing to turn lower as negative RSI divergence hints at ebbing upside momentum. A turn below trend line resistance-turned-support at 2099.10exposes the channel floor at 2085.40.

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Trades About To Happens : A Modern Adaptation Of The Wyckoff Methodby David H. Weis and Alexander Elder While Richard Wyckoff's search to develop a "trained judgment" for trading began decades ago, his method which has been modified to account for changes in market conditions, but remains true to his original work - continues to…

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Weekly price was on bearish market condition since the February 2012 with some ranging between Sinkou Span A line on the top and key support levels on the bottom. For now - the price is ranging between the following:

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W1 price is located below 200 period SMA and 100 period SMA for the primary bullish ranging between 61.8% Fibo support level at 1.0856 and Fibo resistance level at 1.1471: If the price will break 61.8% Fibo support level at 1.0856 so the bearish market condition will be continuing to be out of ranging zone.If…

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EUR/USD: "Should hold the recent range today. Greek negotiations will continue Saturday morning and the 'final deadline' is now set for early next week. It's obvious that everyone involved is trying really hard to find a solution but it's also very clear that there are plenty of difficulties. Keep it tight but favour shorts, selling…

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"OVERVIEW AND STRATEGY: The USD depreciated through June, though overall it remained relatively well supported. The Fed eased market fears once again by emphasising that any tightening path will be gradual, while at the same time firming expectations that the first hike would occur in 2015. However, this reprieve does not present an attractive opportunity…

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