Search Results for: traders
OSB Daily Technical Analysis
August 18th, 2014
OSB Daily Technical Analysis for August 15, 2014 EUR/USD – Looking bullish, possible move higher GBP/USD – Bearish, looking to test 200 DMA EUR/JPY – EUR consolidation against JPY NZD/USD – Bullish, testing 200 DMA USD/CAD – Correction following ...
Asia shares up as investors bank on more stimulus
August 14th, 2014
Asian shares pushed higher on Thursday after a flood of soft economic data led investors to wager on a ceaseless fountain of stimulus from major central banks, sending bond yields tumbling across the globe. An economic contraction in Japan, ...
OSB Daily Technical Analysis
August 14th, 2014
OSB Daily Technical Analysis for August 14, 2014 EUR/USD: downtrend and weakness remain intact GBP/USD: at key turning points looking to test 200 DMA EUR/JPY: looking to test 20 DMA with potential push to retest 200 DMA ...
Brent Oil up to $104 Despite Inventory Surge
August 14th, 2014
Crude rose in choppy trading on Wednesday, with Brent recovering from a 13-month low as turmoil in Iraq and Libya kept concerns about potential supply disruptions in focus. Separately, U.S. crude prices rose despite the U.S. Energy Information Administration ...
Technical Analysis USD/CHF continues to struggle with 0.91
August 13th, 2014
Technical Analysis USD/CHF for August 13, 2014 Pair’s Outlook Yesterday’s attempt to break 0.91 did not turn out to be successful. Accordingly, USD/CHF keeps trading under the weekly R1 level. The pair nonetheless has the potential to rise and ...
Technical Analysis EUR/USD puts pressure on 1.3350
August 13th, 2014
Technical Analysis EUR/USD for August 13, 2014 Pair’s Outlook EUR/USD is currently eroding the weekly S1 at 1.3350, a breach of which is expected to lead to a test of the 2013 Q4 low at 1.33. If the bears ...
Technical Analysis GBP/USD receives support from 200-day SMA
August 13th, 2014
Technical Analysis GBP/USD for August 13, 2014 Pair’s Outlook After the Cable approached the 200-day SMA, the currency pair received a strong impetus and covered a portion of the losses made last Friday. Right now the Sterling is facing ...
Asian shares sluggish, Ukraine anxiety fans growth worries
August 13th, 2014
Asian shares were tentative on Wednesday, and copper prices slipped to six-week lows on worries about global growth, as investors remained cautious as the crisis in Ukraine threatened a fragile economic recovery in Europe. Adding to the fragile mood, ...
Technical Analysis USD/JPY’s recovery remains brittle
August 13th, 2014
Technical Analysis USD/JPY for August 13, 2014 Pair’s Outlook Although the U.S. Dollar is not as lively as expected after diving to 101.53, the currency is nevertheless grinding higher. Still, there is a number of resistances that must be ...
Cayman Simplifies Customs Procedures
August 13th, 2014
The Cayman Islands is trying to speed up and simplify things for cross-border traders and thus has launched a number of initiatives to achieve it. It has announced a two percent reduction in several duties and as from September ...
