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EUR/USD trade to 1.3050-1.3150 level, trying to find direction…
Good Morning, – EUR/USD trade to 1.3050-1.3150 level, trying to find direction. – Asian shares: Japan’s Nikkei -0.47%, Hong Kong’s Hang Seng +0.03%(07:10 GMT), Korea’s Kospi -1.31%, Australia’s ASX 200 +0.11% and China’s Shanghai -0.58%. – Eurozone finance ministers meet today to finalize a bailout for Cyprus amid news that the country needs […]
GBPUSD is testing 61.8% Fibo retracement
A potential make or break reversal is happening at the GBPUSD pair. Daily chart The pair is currently testing: the Fibo 61.8 level, defined from the December’s lows and the March’s high. the Ferbruary low the daily lower Bollinger Band Hourly chart At the 1hour chart a falling wedge pattern is getting shape. The […]
Italy’s budget plan is likely to be seen as a “serious violation” of EU rules…
Good Morning, – The euro trade stable on Wednesday after yesterday’s drop, as disappointing data out of Europe knocked the single currency, driving the dollar index to a one-week high. – A slightly sell off for the euro from a nearly one-week high of $1.2770 on Tuesday, after a closely watched German ZEW […]