Greek Proposal Rejected
Greek proposal rejected by Europe.
EURUSD Forecast July 10, 2015, Technical Analysis
The EURUSD pair tried to rally initially during the session on Thursday, but turned back around and crashed into the 1.10 level, an area that has been supportive.
Frozen
Frozen, the movie made a fortune for Walt Disney (DIS, quote), and yes I did watch it, and listened to a young girl sing the song…a lot.
AUDUSD Forecast July 10, 2015, Technical Analysis
The AUDUSD pair went back and forth during the course of the day on Thursday, as the 0.75 level offered resistance.
Alcoa CEO Weighs In On Second-Quarter Results And Concerns Regarding China Slowing Down
Alcoa Inc. (AA, quote) reported second-quarter numbers on Wednesday which came below analysts’ expectations. Revenue for the quarter rose 1 percent year-over-year to $5.9 billion, while earnings increased to $140 million from $138 million it reported for the same quarter last year.
GBPUSD Forecast July 9, 2015, Technical Analysis
The GBP/USD pair had a fairly negative session on Wednesday, as the world continues to run toward safety asset such as the US dollar.
EURUSD Forecast July 9, 2015, Technical Analysis
The EURUSD pair broke higher during the course of the session on Wednesday, using the 1.10 level as a bit of a springboard. Because of this, the market looks as if it is ready to continue going higher, and we believe that it is only a matter of time before this market continues to go higher.
AUDUSD Forecast July 9, 2015, Technical Analysis
The AUDUSD pair initially fell during the day on Wednesday, but then turned back around to form a bit of a hammer.
GBPUSD Forecast July 8, 2015, Technical Analysis
The GBPUSD pair broke down significantly during the session on Tuesday, slicing through the 1.55 handle.
China Asks Central SOEs To Hold Shares
China’s state asset regulator ordered the country’s centrally administered state-owned enterprises (SOEs) not to sell shares of their listed companies amid “abnormal market volatility” in an effort to stem massive stock market sell-offs.