Search Results for: traders
Technical Analysis GBP/USD trades at major demand area
August 12th, 2014
Technical Analysis GBP/USD for August 12, 2014 Pair’s Outlook For the time being the monthly S1 level seems to be able to hold the bears. However, the near-term indicators are still pointing downwards, meaning the dip may extend lower ...
Technical Analysis USD/CHF charges at 0.91
August 12th, 2014
Technical Analysis USD/CHF for August 12, 2014 Pair’s Outlook The currency pair is presently recovering, but it has to gain a foothold above 0.91 to confirm its bullish intentions. However, even if it does, there will still be the ...
Technical Analysis USD/JPY challenges monthly PP
August 12th, 2014
Technical Analysis USD/JPY for August 12, 2014 Pair’s Outlook USD/JPY started this week on a strong footing, as it rebounded from the key support last week. Now the currency pair has to surpass the monthly PP and 200-day SMA ...
Technical Analysis EUR/USD erases Friday’s gains
August 12th, 2014
Technical Analysis EUR/USD for August 12, 2014 Pair’s Outlook Behaviour of EUR/USD yesterday confirmed that the bias is to the downside, as the rally from 1.3350 failed to remain intact. Moreover, most of the daily and weekly technical studies ...
Pound Bulls Face Day of Reckoning as BOE Inflation Report Looms
August 12th, 2014
This week’s economic forecasts from the Bank of England are shaping up to be decisive for the remaining sterling bulls. The pound strengthened against the euro today as investors prepared for clues from projections due in the central bank’s ...
West TX Oil Clings to $98 on Further Draws on Supply
August 12th, 2014
U.S. crude oil edged up on Monday as traders moved to cover short positions amid expectations on further draws in domestic crude inventory stocks. Brent was weaker but the markets were supported by a number of geopolitical risks carrying ...
HKEx-Shanghai Stock Sale Curb Shows China’s Rules Apply
August 11th, 2014
Investors using the Hong Kong-Shanghai exchange link to access China’s $3.6 trillion stock market will have to play by mainland rules. Traders who want to sell Shanghai-listed shares must transfer the securities to a broker before 7:30 a.m. to ...
Technical Analysis GBP/USD tests monthly S1
August 11th, 2014
Technical Analysis GBP/USD for August 11, 2014 Pair’s Outlook GBP/USD has just hit the monthly S1, and if the bears keep forcing the pair to go lower, there are also the 200-day SMA and May low that are ready ...
Technical Analysis USD/CHF to stay above 0.90
August 11th, 2014
Technical Analysis USD/CHF for August 11, 2014 Pair’s Outlook The Greenback remains below 0.91, the last hurdle that needs to be overcome to reach this year’s high. The daily indicators are currently supportive of such a bullish scenario, but ...
Technical Analysis USD/JPY underpinned by long-term up-trend
August 11th, 2014
Technical Analysis USD/JPY for August 11, 2014 Pair’s Outlook As turned out, USD/JPY required assistance of the major rising trend-line at 101.53 in order to preserve chances to rally. And even though on the daily and monthly time-frames the currency ...
