Weekly Outlook

July 20, 2015 EURUSD EURUSD is still bearish. I expect further weakness on this pair over the coming days. 1.0817 is a support area we need to take out. If we get rid of this level I think EURUSD will likely get to parity. If the support holds, then I think we might get a rally back to… View Article

What lies ahead of Euro?

July 16, 2015 The Greek people in a referendum earlier this month voted No to austerity measures proposed by the IMF. Unfortunately, the Prime Minister Alexi Tsipras was forced to accept the proposals during a meeting with IMF and EU representatives. This is contrary to the wishes of the Greek majority and the parliaments this morning also voted… View Article