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As we awaited the decision of the Greek people on Sunday,we may have pondered the outcome and attempted to predict the consequences of the either/or decision. But it was never as simple as that; which is why this week ahead is a real step into the unknown. The...
Hi, this is a copy of the analysis I provided to members of my Forex Mentor Pro group on Sunday, 5th July As you know the Greek referendum takes place today and NO ONE has a clue as to the outcome NOR even what a yes or no vote will actually mean. This therefore is...
What, you may ask happens when a circle is broken, the symbol of never ending unity? This was the intended design and concept of the European Union and indeed of the European Monetary Alliance…The Eurozone, incorporated into the flag by the Council of Europe in 1955....
By Omar Eltoukhy: Hi Fantastic Forex Fans! This is a copy of my analysis for Forex Mentor Pro Members on Sunday 28th July: If you think that title is weird, it is merely me trying to reflect the state of the markets. Currently we have gone pretty wacky. The Gbp,...
That is the stark reality for the Greek government. There are cries from the world ‘order’ that they accept the loans and the conditions. Deeply political as this state of affairs is, it will require a political solution. There is a chasm between the two sides and for...
The focus of the last few days and the biggest factor affecting trader sentiment globally is the continuing and seemingly endless drama playing out between the European Troika and the Greek government. News releases are made, denied and retracted leaving the market to...
The focus on last week news flow was inevitably on Friday’s NFP and it did not disappoint. We also heard a warning from Draghi at his ECB meeting on Wednesday, of continuing volatility and no intentions to scale back the QE program despite renewed optimism on the back...
Another week of mixed data, mixed signals and mixed messages. Draghi now adopting the Yellen habit of ‘something for everyone’,the USD data continuing to soften and undermining the chance now of even a September hike and the Bond market continuing its sell-off...
The following is our strategy formulated on Monday for the week’s trading. We meet and discuss everyday to update these positions/potential positions. The attached video contains the updated material. Agian please note these are not trading tips but simply suggestions...