Archive for June, 2011

06.28
11

Daily technical analysis of forex market June 28

by admin ·

Now as then the market should be quite disturbed pending the vote on Wednesday or Thursday of the austerity plan by the Greek Parliament. Also, the euro should remain in a range between 4180/70 and 4270/80. Our board of the morning, as yesterday, we remain moderately bullish even if the macd 30 mns is bearish this morning. Our support will come in 4250/20 to retest the resistance of 4295. A passage leads us to this point- above 1.43 with a target area resistors 4320/30. Obviously, the market abuzz with rumors and volatility can be exercised on the rise or fall in a violent way.

But nevertheless, we should stay on over 4220/30 with a bullish macd 4h. The reckless sell 4280/70 with stoploss of 4305 insofar as 4295 is a strong resistance. On the downside, a passage under 4220 is bearish for 4180/70. But still, we should not go under these items.
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06.28
11

Analysis of the Currency June 28, 2011

by admin ·

EUR / USD

Big up yesterday, though now this currency pair is making a move sideways. For today’s the day we might consider opening a long position if the price were to break the rising share of 1.4320, placing the first goal at a height of 1.4340 and 1.4350 share for the second goal. Should the price rather than decreasing the share of 1.4240, then we could open a position in sales with the first goal at a height of 1.4220 and 1.4200 second goal.

EUR / GBP

The euro gained a lot so far, for the session today we might consider opening a location in a purchase if our currency had yet to climb upward to break 0.8970, setting a first objective to achieve and how to share 0.8980 seconds 0.8990 share of the goal. If the price of this exchange ratio would fall below the value of 0.8930, then we could open a short position by setting a first target 0.8910 and 0.8900 as the second goal.
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06.28
11

Custom forecast for the week 27 -1 July

by admin ·

I want to deviate from the trend, just one week and not to publish regular forecasts for the week. Just do not want typing with one hand and the left, and she wants to write a prediction in the free form. Let’s solve it is, at least for one week (right at all difficult to write in a cast).

Basically, what I say on the market … That can easily go both below and above. Banality, but the truth is an absolute for today. Slightly preferable to the very short term – Long. But let’s say, the euro, I am ready to open within a day position in any direction. There is an option that we form a triangle for the day the euro, if confirmed, we will see further growth to 1.45. But as long as we do in the range of some forecasts of a substantial rise or fall, I will not, and in this sense is no.
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06.28
11

Bankruptcy

by admin ·

I’ll start with a definition of what my country is the breakdown: There are several different types of bankruptcy (about 99% of bankruptcy cases are under Chapters 7 and 13):

  • Chapter 7 is known as ‘liquidation’. In fact in about 95% of cases there is nothing to settle on the effect of exemptions. Its aim is the liquidation of the debtor’s nonexempt property and pay debts far reaching. Can be used by corporations and individuals as well.
  • Chapter 11 is known as ‘reorganization’ is used by businesses and individuals with a high volume of debt.
  • Chapter 12 is reserved for farmers and fishermen. The main source of income must be from farming or fishing.
  • Chapter 13 is called “debt adjustment”. Required to file a repayment plan to pay all or part of the debt. Only individuals with regular income, not corporations or partnerships.

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06.28
11

Knowing the volatility of the forex indicators

by admin ·

Each step one takes in trading on the forex market involves some logical reasons for presenting some help in choosing its own trading operations. There are some tools and software tools that provide interesting signals to use, they are commonly known as indicators.

We know that the forex market is volatile and needs to be watched carefully. In order to do this as smoothly as possible you can use some special markers, known as indicators of volatility. What these indicators allow us to know is the size of volatility and its impact on the price of currencies.
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06.27
11

Opportunities throughout

by admin ·

In recent years, for me, has become a good habit to break bones. In 2010 I broke out and now repeated the achievement, breaking the second hand. Trading on it a lot will not affect the mouse in your left hand, eye and head works – full speed ahead. Wonder how my family and friends negatively evaluated my success I love change, and especially when I make mistakes that result are different changes. Dysfunction of the hands, of course, I released a lot of time, at least for a month, I forget what is biking, sports. floor, dumbbells and barbells.

On the one hand, a little sad that months of work on the bar will go to nothing, but on the other hand, knowing myself, I understand that this will be an additional incentive for me to return the form before yesterday and continue to train. But the most serious advantage – I had time to think.
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06.27
11

Analysis of the Currency June 27, 2011

by admin ·

EUR / USD:

Start down this week in the great cross currencies, we are waiting for concrete news from Greece. From our graphs show that for the session today we might consider opening a new location in the purchase if the price were to break the rising share of 1.4195, with our first goal to share and 1.4210 share our second goal 1.4230. If the price were to hand down to break 1.4095 to the bottom, then we could open a position for sale by fixing the first goal at a height of 1.4060 and 1.4050 share for the second goal.

EUR / GBP:

For today’s session with regard to this exchange ratio, we might consider opening a long position if the price were to break the rising share of 0.8920, 0.8930 setting the first goal and the second target 0.8940. If the price falls to 0.8850 share to break downward, we could then open a short position by setting the first target 0.8830 and 0.8810 in the second goal.
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06.27
11

USD has a chance to recover this week

by admin ·

Yesterday in the currency market, after Greece, the European Union (EU) and the International Monetary Fund (IMF) reached an agreement on the new austerity program, Finance Minister of Grace and the German finance minister take A meeting to discuss how to restore growth of the economy of Greece. Meanwhile, Greece’s austerity plan will deliver the half term next week, but Thomas said the party Robopoulos give a black ball to raise taxes, cut spending and austerity plan that infests the medium term the market. This leadership has created obstacles for Papandreou and won the support and the increase of the euro.
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06.27
11

Weekly technical analysis of GBP- USD 27 – 1 July

by admin ·

Last Sunday, we wrote “We are always in our range 1.60/1.67 and we may stay a little while at least while we are in- above 1.60 and 5980 “only this week, parity is out of its range in 5980, ending 5958 on Friday night.

The financial situation of Greece, would contagious for the pound sterling? We asked. It is true that UK statistics are not very good but they are not worse than E- U. However, this week, there is a risk that the book left down to 1.55, if we can not quickly return- above 1.60.
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06.27
11

Weekly technical analysis of EUR- USD 27 – 1 July

by admin ·

Last week, we wrote, “The area of 4380 and 4420, for this week seems to be a zone of balance between the rise and fall. Therefore, we will remain bearish as these and the bull- above “and finally after a fall earlier this week of 4080 we left to go up to 4405 and end 4187 on Friday night.

Last week, the Europeans and the IMF have agreed to provide financial assistance to Greece. Initially this was welcomed by a back of the euro 4380. But this week we will vote on measures of the austerity plan by the Greek Parliament and does not seem to win both the socialist majority and shared. In effect until June 28, financial markets will hold their breath. A vote against the Greek Parliament could trigger a financial shock waves in Europe and greatly weaken the euro. Conversely, a success would put in parenthesis for a while the problems of Greece.
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