Search Results for: Dukascopy
Technical Analysis NZD/USD unable to breach 0.87 level
July 23rd, 2014
Pair’s Outlook The New Zealand Dollar is still unable neither to breach the 0.87 mark nor the monthly PP/55 and 100-day SMAs at 0.8654/42. We are pessimistic on the pair’s advance, at least for now we do not see ...
Technical Analysis USD/JPY heads towards monthly pivot point
July 23rd, 2014
Pair’s Outlook The U.S. Dollar continues to strengthen against the Yen and is about to touch one of the main resistances that lie overhead. Even if USD/JPY overcomes the initial supply zone, created by the monthly PP and 55-day ...
Technical Analysis USD/CHF closes above 0.90
July 23rd, 2014
Pair’s Outlook Despite the resistance at 0.90 that stopped strong advancement of USD/CHF in May, USD/CHF managed to rally above this level yesterday. Accordingly, we may now look at the 2014 high (0.9156) as a potential target, though the ...
Technical Analysis GBP/USD backed up by 2009 highs
July 23rd, 2014
Pair’s Outlook As long as the support at 1.7054/19 remains intact, there is a good chance the bullish momentum of the Cable is going to be restored and the rate will eventually rise up to 1.74. Conversely, if this ...
Technical Analysis EUR/USD breaks 1.35
July 23rd, 2014
Pair’s Outlook Regardless of the bullish indicators on a monthly time-frame, EUR/USD has finally closed beneath the major level at 1.35, meaning the currency pair has now confirmed its long-term bearish intentions. The immediate support is at 1.3467/61, represented ...
Technical Analysis EUR/USD looks too heavy to rise
July 22nd, 2014
Pair’s Outlook A rally after a test of 1.35 turned out to be quite shallow, as the currency pair was sold of as soon as it approached the monthly S1 and up-trend line. As a result, right now EUR/USD ...
Technical Analysis GBP/USD is looking for support at 1.7042
July 22nd, 2014
Pair’s Outlook The resistance at 1.74 remains a viable target, given the signals of the monthly technical indicators (four are bullish and four are neutral). However, the support at 1.7042 (2009 high) has to prevent further development of the ...
Technical Analysis USD/JPY continues to advance
July 22nd, 2014
Pair’s Outlook USD/JPY is currently moving away from its key support. If this bullish tendency is preserved, the pair is going to re-visit a tough supply area at 101.83/73 in the nearest future, which has recently prevented a rally ...
Technical Analysis USD/CHF stalls at monthly R1
July 22nd, 2014
Pair’s Outlook At the moment USD/CHF is standing still below the monthly R1 and the resistance line at 0.90. Considering the previous experience at this level and the ‘sell’ signals of the monthly technical studies, the risks are most ...
EU, Fiji To Implement Interim Pacific EPA
July 21st, 2014
On July 18, Fiji notified its decision to apply the interim Pacific Region Economic Partnership Agreement (EPA), which provides for duty and quota free access into the European Union (EU) for all products from the countries concerned. Three of ...
