"All things will be revealed." Holy Bible. "The truth always comes out in the end." As they say. Fact: physicists state that the universe is like a movie, which can be rerun/replayed. Everything is recorded. - The advent of the network - The social and economic effects.

A disorderly break-up of the EuroZone could drive Brent Crude Oil prices to as low as 60 bbl in the resulting sharp European recession and negative Global economic consequences, Bank of America Merrill Lynch (NYSE:BAC) said Friday.

Simultaneous Release at TheGeekKnows.com  Learn Forex Trading and read exclusive EUR/USD Forecast Reviews.   Good day forex traders. In the previous weekly EUR/USD forecast, we noted a bearish target of 1.28. Greece was struggling to form a government and prevent a second voting. A few European officials commented on the need to have growth policies among the current austerity [.

Indian Finance Minister Pranab Mukherjee Sunday expressed concern over the depreciation of the rupee.

(Blog Toro) Aux États-Unis, les données économiques continuent d’être éclipsées, au moins dans les médias, par la frénésie financière entourant le PAPE Facebook qui doit être lancé demain. Néanmoins, il y a eu quelques événements dignes d’être mentionnés aux États-Unis. Hier, la Réserve fédérale a publié le procès-verbal de sa dernière réunion politique. Alors que, [...]

EUR/USD dropped to as low as 1.2641 last week and formed a short term bottom there, above 1.2625 low, and recovered. Initial bias is mildly on the upside this week for recovery to 4 hours 55 EMA (now at 1.2844) and above. But strong resistance should be seen below 1.2994 to limit upside and bring fall resumption. Sustained break of 1.2625 will confirm resumption of whole decline from 1.

USD/JPY's decline continued last week and reached as low as 78.99, breaking mentioned 61.8% retracement of 76.02 to 84.17 at 79.13. Initial bias remains on the downside the week and current fall should target 75.56/76.02 support zone in near term. On the upside, break of 80.54 resistance is needed to indicate bottoming. Otherwise, outlook will remain bearish even in case of recovery.

GBP/USD's fall from 1.6300 accelerated to as low as 1.5731 last week before forming a temporary low there. Initial bias is neutral this week for some consolidations first. But upside of recovery is expected to be limited by 38.2% retracement of 1.6300 to 1.5731 at 1.5948 and bring fall resumption. Below 1.5731 will target 61.8% retracement of 1.5234 to 1.6300 at 1.5641 next.

USD/CHF's rally extended further to as high as 0.9499 last week before making a short term top there and retreated. Initial bias is mildly on the downside this week for retreat to 4 hours 55 EMA (now at 0.9351) and below. But downside is expected to be contained by 38.2% retracement of 0.9041 to 0.9499 at 0.9324 and bring another rally. Above 0.9499 will target 0.9594 high next.

AUD/USD's decline extended further last week as expected and reached as low as 0.9794 so far. Initial bias remains on the downside this week for 0.9663 support first, then 161.8% projection of 1.0852 to 1.0225 from 1.0473 at 0.9459. On the upside, above 0.9957 minor resistance will turn bias neutral and bring consolidations. But recovery should be limited below 1.