GOLD Completing Its Three Wave Recovery, 1260 Possible Turning Point

Gold made a nice pullback from the highs as expected and we are now looking for reversal signs as this corrective A-B-C may already be over. This corrective structure from the highs can be potentially completing here at 1.260. If we start to move up in impulsive manner we should reach a new high on this metal. As we know after every corrective pullback, a new impulsive structure tends to start.

USDJPY - Retest Of 2016 Low Maintains Bearish Pressure, Limited Upside Action Seen For Now

The pair retested last Thursday’s new 2016 low on overnight’s fresh weakness. Monday’s trading ended in red, after recovery action stalled at 104.82, confirming persisting downside pressure.
Long bearish candle of last week weighs, with daily technicals being in firm bearish mode.
Final break through 103.50 breakpoint could be delayed for prolonged consolidation, as daily RSI / Slow Stochastic are oversold. However, limited upside action is seen for now, with yesterday’s high at 104.82, marking solid resistance, ahead of 105.20 (Fibo 38.2% of 107.89/103.54 downleg) and former low at

Greece local newspaper: financial activity in the country grinds to a halt, stocks market and banking too

Emergency condition is happening in Greek, It looks like Greece's stock market is going to be closed for a week. as reported by Greek local newspaper Kathimerini in English version the Athens Stock Exchange is going to be closed for a week. 

Greek local newspaper Kathimerini reports that, "The Capital Market Commission is expected to announce in the early hours of Monday the closure of the Greek stock exchange for at least a week, as financial activity in the country grinds to a halt."

Many Greek local Banks were already to be closed for a week. As a result, Greek local newspaper Kathimerini reports, the closure of banks will limit the ability to process transactions on exchanges, and so it is unlikely that stock markets will re-open until the banks do. Greek stock market remain lower

As reported before on Sunday night, Greece has sought a short bailout extension, as the country's current program is set to expire on Tuesday while Greece has called for a referendum on the matter for July 5.