iCharts Discussions

[Exness Official]

EURUSD: growth upon expectations of an agreement on the Greek debt

EURUSD
June. 22, 2015, 08:56
Buy on a level breakthrough of 1.1435 with 1.1490 target. Stop loss = 1.1380.

Reason for the trading strategy

Last Sunday, A. Tsipras presented new proposals of resolving the Greek debt problem to the German and French leaders and to Jean-Claude Juncker, the European Commission President. The euro rises against the background of Greece likely receipt of financial resources from the EU.

[snehil2010]

This is fundamental analysis. Doesnt match with the subject line of thread. But anyways good work

[Exness Official]

[Exness Official]

EURUSD: under pressure against the background of a growing US dollar

EURUSD
Lug. 2, 2015, 09:55
Sell on a level breakthrough of 1.1035 with 1.0951 target. Stop loss = 1.1085.

Reason for the trading strategy

Yesterday's US macroeconomic data was better than expected, supporting the dollar. The ISM business activity index in the US manufacturing sector rose from 52.8 p. to 53.5 p., the number of ADP jobs in the US private sector increased by 237 thousand. After a recent decline to 2.3%, the yield on 10-year-olds US bonds rose to 2.42%.



EURUSD, H4

[Exness Official]

EURUSD: collapse after the last referendum in Greece

EURUSD
Lug. 6, 2015, 09:51
Sell on a level breakthrough of 1.0951 with 1.0850 target. Stop loss = 1.1010.

Reason for the trading strategy

According to the Greek Ministry of Interior, more than 61% of Greeks voted against the international creditors' proposals. This gives A.Tsipras' team the right to uphold a more assertive position in the subsequent negotiations with the creditors. The euro responded adequately to that, as at the opening it came close to the last week's low.



EURUSD, H1

[Exness Official]

EURUSD: growth after the publication of the US Federal Reserve minutes

EURUSD
Lug. 9, 2015, 09:28
Buy on a level breakthrough of 1.1121 with 1.1172 target. Stop loss = 1.1070.

Reason for the trading strategy

As it follows from the June US Federal Reserve minutes, most US Federal Reserve members wanted more information before they started raising the rates. The US Federal Reserve expects the underutilized capacity to disappear by the end of 2015. However, all the US Federal Reserve members pointed out the need to see more evidence of rising inflation, which in May was + 0.0% (y/y).

EURUSD, H4

[Exness Official]

EURUSD: consolidation around the 1.1150 level

EURUSD
Lug. 13, 2015, 09:32
Buy on a level breakthrough of 1.1150 with 1.1250 target. Stop loss = 1.1090.

Reason for the trading strategy

After Athens presented the creditors with a new reform program, the yield on 2-year Greek bonds of Greece dropped from 57.6% to 33.9%. Market participants are hoping that a compromise between the Greek government and its creditors is reached this week, and Greece receives the long-awaited financial assistance.



EURUSD, H4

[Exness Official]

EURUSD: adjustment from the 1.0915 support level

EURUSD
July 16, 2015, 09:49
Buy on a level breakthrough of 1.0964 with 1.1034 target. Stop loss = 1.0914.

Reason for the trading strategy

In the short term, the euro zone leaders should not worry about the euro zone's future, as the Greek Parliament yesterday backed the austerity measures put forward by the lenders, against which the Greeks voted in the referendum. Today, the euro may be supported by the inflation data in the euro zone and the ECB President M.Draghi's speech.



EURUSD, H1