ForexTribe is a french website mainly created to share graphic analysis and trade ideas on the Forex Forum.
|
Break Out Of This LevelTitle:
Gold consolidates gain as Greece lifts euro
(Reuters) - Gold was steady on Wednesday, fairly close to recent 11 week highs and taking a cue from the euro's march to a two month peak as investors bet that Greece would finally secure a second bailout needed to avoid default.
Receding risk aversion - reflected in rising share prices - is seen as a dampening factor for gold's safe-haven credentials, with German government bonds feeling some pressure.
But wider uncertainty on the euro zone's economic outlook was more supportive for gold, ...
Title:
Europe shares hit six-month high on economic optimism
(Reuters) - European shares hit a new six-month high on Wednesday, with cyclical stocks extending a strong run as investors became more confident that economic growth would boost company earnings, and eclipse concerns about Greece.
At 1154 GMT, the FTSEurofirst 300 .FTEU3 index of top European shares was up 0.4 percent at 1,076.55 points, having earlier gone as high as 1,079.97, a level not seen since early August. The index is up more than 26 percent from the 2011 low it hit in September.
...
Title:
Gold on solid ground as Greece lifts euro
(Reuters) - Gold held steady on Wednesday, fairly close to recent 11 week highs and taking a cue from the euro's run to a two month peak as investors bet that Greece would finally secure a second bailout needed to avoid default.
Receding risk aversion - reflected in rising share prices - is seen as a dampening factor for gold's safe-haven credentials, with German government bonds feeling some pressure.
But wider uncertainty on the euro zone's economic outlook was more supportive for gold, with ...
Title:
Forex - Troika Deadline Looms
Forex News and Events:
The global risky rally sustained its earlier gains in Asian session and continued to push higher. Rejuvenated confidence on a the ability of Greece to secure the Troika second bailout package buoyed risk sentiment yesterday, pushing equities higher and pushed Treasury prices and USD lower. EURUSD climbed to 1.3287 from 1.3100 yesterday while AUDUSD jumped to 1.0844. Asian equities kept the optimism going led by a rally in Shanghai up 2.43% and Hang Seng up 1.47%. Weak ...
Title:
SunBirdFX Daily Market Analysis : 02/08/2012
www.sunbirdfx.com
The US stock markets did not stop rising even yesterday. Many analysts estimated that after the hesitated opening of the trading week, the stocks would finally make the expected correction and on the beginning of the day it looked like these predictions would turned to be a fact, but after 45 minutes of declines, the stocks resumed rising. NASDAQ is already 5% above 2011's high, Dow made the break-up just yesterday and the S&P is still bellow 2011 picks but it is getting ...
Title:
Gold tests $1,750 as Greece buys more time
(Reuters) - Spot gold briefly rose above a resistance level of $1,750 an ounce on Wednesday, as investors waited for Greece to grind towards a deal on a rescue package that it urgently needs after missing a string of deadlines.
Athens tested investor's patience yet again on Tuesday by postponing a decision on whether to accept austerity and reform measures in exchange for a 130 billion euro ($172 billion) bailout from the IMF and EU.
Gold could face a short-term pullback if Greece strikes a ...
Title:
Technical analysis of the EUR/GBP pair on February 8th, 2012
Commentary of the EUR/GBP pair:
The pair EUR/GBP made yesterday a pullback on 0.8350 as resistance.
The pair is currently moving below the upper band of its long term bearish channel (purple lines).
Indicators are mitigated.
We maintain to trade the pair according to 0.8350:
- Long above this level. The breakout of 0.84 will give a new buy signal
- SHort below this level. The breakout of 0.8250 will give a new sell signal.
See the previous analysis of the EUR/GBP pair of February 7th, ...
Title:
Technical analysis of the USD/CAD pair on February 8th, 2012
Commentary of the USD/CAD pair :
The pair USD/CAD is currently testing the support at 0.9950 and is also testing the upper band of its bearish channel (purple lines).
All indicators are bearish.
The pair is still moving below its medium term bearish slant (black line).
We continue to advise short positions as far as 1.0039 is resistance.
The breakout of 0.9950 and 0.99 will both give a new sell signal.
In case of return above 1.0039, we will be neutral between this level and 1.0079.
The ...
Title:
Asian shares gain, euro steadies as Greek talks in final stage
(Reuters) - Asian shares hit their highest level in more than five months on Wednesday and the euro hovered close to an 8-week high as investors kept hopes alive for an agreement on details of a new Greek bailout package despite further delays.
Financial spreadbetters expected Britain's FTSE 100, Germany's DAX and France's CAC-40 to open about 0.2-0.3 percent higher.
MSCI's broadest index of Asia Pacific shares outside Japan, after a slow start, rose 0.9 percent to its highest in more than ...
|
||||||
