Weekly Forex Market Update & Key Levels July 27 – 31st

WEEKLY FOREX UPDATE

EURUSD – Despite last week’s bailout rescue package for Greece, the Euro is still trending downwards and still seems that investors are not buying into what is going on as the end of their economic issues. Although, the Euro has been trending sideways, we still do stand with a bearish bias on this market.  AUDUSD…

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Weekly Forex Market Update & Key Levels July 20 – 24th

WEEKLY FOREX UPDATE

EURUSD – The Euro is down even though Greece reached an agreement with the Euro group last week, suggesting that investors are not “buying” this agreement to be the end of the Europe’s troubles. This is now Greece’s third bailout in just a few years, what makes them think that this will work now? Europe’s…

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Weekly Forex Market Update & Key Levels July 13 – 17th

WEEKLY FOREX UPDATE

EURUSD – A complete U-turn occurred this week in the Eurozone. The whole purpose of the “no” vote referendum was to avoid negotiations on another Greek bailout. However, this week despite the anti-austerity win by the people, Eurozone leaders are meeting on Sunday to attempt to reach an agreement on a Greek bailout, after finance…

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Weekly Forex Market Update & Key Levels July 6 – 10th

WEEKLY FOREX UPDATE

EURUSD – Another week has passed of further Greek and Eurozone drama, and today we are witnessing the referendum to determine if the Greek people are willing to accept a bailout deal by the country’s creditors. A “no” vote would be a victory for Prime Minister Alexis Tsipras, who had campaigned for that as a…

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