Action Forex |
- Daily technical outlook
- Troika presses for a quick deal on new Greek bailout terms
- USDCHF broke above price channel
- Troika presses for a quick deal on new Greek bailout terms
- USDCHF broke above price channel
- Daily technical outlook
- Troika presses for a quick deal on new Greek bailout terms
- USDCHF broke above price channel
- Troika presses for a quick deal on new Greek bailout terms
- USDCHF broke above price channel
| Posted: 06 Feb 2012 01:03 PM PST If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts he shall end in certainties ~ Sir Francis Bacon Good morning. The euro started the week under pressure, testing bids around $ 1.3050 earlier today. Ongoing decline is a result of yesterday's meeting between Greek PM Lucas Papademos and the leaders of three parties, which ended without any deal |
| Troika presses for a quick deal on new Greek bailout terms Posted: 06 Feb 2012 12:50 PM PST Pressure mounts on Greek party leaders which are supposed to reach an agreement on further austerity measures required by the Troika in exchange for releasing the second bailout package. Without being able to pay for the 14.5 billion euro bond redemption on March 20 the country faces a disorderly default. The leaders of the parties supporting PM Lucas Papademos’s coalition government held a five hour meet |
| USDCHF broke above price channel Posted: 06 Feb 2012 12:45 PM PST USDCHF broke above the upper line of the downward price channel on 4-hour chart last Friday, suggesting that a cycle bottom had been formed at 0.9114, and lengthier consolidation of the downtrend from 0.9594 is underway. Range trading between 0.9114 and 0.9249 would likely be seen in a couple of days. Key resistance is at 0.9350, as long as this level holds, we'd expect downtrend to resume, and one more fall tow |
| Troika presses for a quick deal on new Greek bailout terms Posted: 06 Feb 2012 11:45 AM PST Pressure mounts on Greek party leaders which are supposed to reach an agreement on further austerity measures required by the Troika in exchange for releasing the second bailout package. Without being able to pay for the 14.5 billion euro bond redemption on March 20 the country faces a disorderly default. The leaders of the parties supporting PM Lucas Papademos’s coalition government held a five hour meet |
| USDCHF broke above price channel Posted: 06 Feb 2012 11:42 AM PST USDCHF broke above the upper line of the downward price channel on 4-hour chart last Friday, suggesting that a cycle bottom had been formed at 0.9114, and lengthier consolidation of the downtrend from 0.9594 is underway. Range trading between 0.9114 and 0.9249 would likely be seen in a couple of days. Key resistance is at 0.9350, as long as this level holds, we'd expect downtrend to resume, and one more fall tow |
| Posted: 06 Feb 2012 10:56 AM PST If a man will begin with certainties, he shall end in doubts; but if he will be content to begin with doubts he shall end in certainties ~ Sir Francis Bacon Good morning. The euro started the week under pressure, testing bids around $ 1.3050 earlier today. Ongoing decline is a result of yesterday's meeting between Greek PM Lucas Papademos and the leaders of three parties, which ended without any deal |
| Troika presses for a quick deal on new Greek bailout terms Posted: 06 Feb 2012 10:45 AM PST Pressure mounts on Greek party leaders which are supposed to reach an agreement on further austerity measures required by the Troika in exchange for releasing the second bailout package. Without being able to pay for the 14.5 billion euro bond redemption on March 20 the country faces a disorderly default. The leaders of the parties supporting PM Lucas Papademos’s coalition government held a five hour meet |
| USDCHF broke above price channel Posted: 06 Feb 2012 10:41 AM PST USDCHF broke above the upper line of the downward price channel on 4-hour chart last Friday, suggesting that a cycle bottom had been formed at 0.9114, and lengthier consolidation of the downtrend from 0.9594 is underway. Range trading between 0.9114 and 0.9249 would likely be seen in a couple of days. Key resistance is at 0.9350, as long as this level holds, we'd expect downtrend to resume, and one more fall tow |
| Troika presses for a quick deal on new Greek bailout terms Posted: 06 Feb 2012 09:45 AM PST Pressure mounts on Greek party leaders which are supposed to reach an agreement on further austerity measures required by the Troika in exchange for releasing the second bailout package. Without being able to pay for the 14.5 billion euro bond redemption on March 20 the country faces a disorderly default. The leaders of the parties supporting PM Lucas Papademos’s coalition government held a five hour meet |
| USDCHF broke above price channel Posted: 06 Feb 2012 09:41 AM PST USDCHF broke above the upper line of the downward price channel on 4-hour chart last Friday, suggesting that a cycle bottom had been formed at 0.9114, and lengthier consolidation of the downtrend from 0.9594 is underway. Range trading between 0.9114 and 0.9249 would likely be seen in a couple of days. Key resistance is at 0.9350, as long as this level holds, we'd expect downtrend to resume, and one more fall tow |
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