The Greek situation is going from bad to worse. The IMF say’s there’s no progress in narrowing differences.
Germany might refuse to fund the Greeks which could prove catastrophic for the euro and we could see the currency fall much further. Oil price fell on the news that oil production for May was at the highest since 2012.
You need to be an excellent trader to trade all these patterns that the news is forming in the markets.
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Marshall Gittler's Views On Greece's Referendum Results
Commodity and Emerging market currencies including the South African rand are under pressure.
Technical Outlook For EURUSD & USDJPY for 2/7/2015
The EURUSD tumbled below its support of 1.1115 which now becomes resistance and if it goes below the 1.10 level, we could see this pair test the 1.095…
IronFX Global Commentary from Marshall Gittler on 24/07/2015
Watch Marshall talking about the latest news movings currencies and other markets around the world.
Daily Global Commentary by Marshall Gittler 1 September 2015
The rebound in oil is because OPEC is willing to talk to non OPEC countries to limit production. Price is likely to fall further. China’s manufacturin…
Greece votes "NO" Marshall Gittler Live on Bloomberg 06.07.2015
Loads of volatility expected in the markets now that Greece votes “Oxi” in the referendum on Sunday.
Today's Technical Analysis 16/05/2015
https://www.youtube.com/watch?v=Yb2IayGFcv8
Looking at the GBPUSD which breaks resistence (now support) 1.56. The USDJPY consolidated and a continu…