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FOREX: Technical analysis 09/26/12

AUD/USD
 
News background:
The pair continues to remain under pressure amid falling commodity and commodity assets, and reducing the risk appetite of investors. Despite this sharp decline, we expect that it will be local.
 
Technical picture:
From a technical point of view, the pair is in the lower …
European premarket from Sergei Kostenko
 
The market expects the plan of salvation of Spain will be announced soon
 
European shares ended trading on Tuesday with a slight increase because of hopes that Spain will accept the financial assistance and because of the positive data from the U.S. consumer confidence, which came out better …
FUNDAMENTAL REVIEW 25.09.12

Greece again is in the spotlight

 

The Greek government continues to be between Scylla and Charybdis. On the one hand - it does not really want to reduce government spending, and on the other hand - they need to follow the economy plan. And now, once again, this bankrupt …
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