Search Results for: traders
Technical Analysis GBP/USD fell through 100-day SMA
August 1st, 2014
Technical Analysis GBP/USD for August 01, 2014 Pair’s Outlook There is now little hope for the bulls, being that GBP/USD has broken most of its main supports. The monthly technical indicators may still remain positive, but, given the absence ...
Markets fell for July, but Analysts Are Upbeat
August 1st, 2014
The stock market remarked the sharpest decline in the Standard & Poor’s 500-stock index since April for the month of July, while the Dow Jones industrial index dropped more than 300 points, eliminating all of its gains for the ...
Technical Analysis USD/CHF puts pressure on 0.91
July 31st, 2014
Technical Analysis USD/CHF for July 31, 2014 Pair’s Outlook Yesterday’s test of the monthly R2 did not result in a rally above 0.91, but there is still a good chance the bulls are going to play the main role. ...
Technical Analysis USD/JPY soars to 103
July 31st, 2014
Technical Analysis USD/JPY for July 31, 2014 Pair’s Outlook Though the last few months there were serious doubts regarding USD/JPY’s ability to break this year’s down-trend, right now the currency pair is already trading 100 pips above it. Accordingly, ...
Technical Analysis GBP/USD tries to find support at 1.69
July 31st, 2014
Technical Analysis GBP/USD for July 31, 2014 Pair’s Outlook There still seems to be a small chance for the Sterling to avoid further depreciation, as it is currently facing a number of strong supports. Apart from a long-term rising ...
Technical Analysis EUR/USD is inclined to extend decline
July 31st, 2014
Technical Analysis EUR/USD for July 31, 2014 Pair’s Outlook Despite the strong downward momentum the support at 1.3383/69 managed to withstand the attack of the bears yesterday. And while there is a possibility of a pull-back up to 1.35 ...
Dollar Holds Longest Yen Gains After U.S. GDP
July 31st, 2014
The dollar headed for its biggest monthly gain versus the euro since February last year as signs the U.S. economy is strengthening spurred traders to boost predictions for higher Federal Reserve rates. The U.S. currency has risen versus all ...
U.S Regulators may change rules for upstart trading
July 30th, 2014
U.S regulators may relax rules that require the fastest possible execution of securities trades, potentially helping upstart trading venue IEX Group’s plans to become a full-fledged stock exchange. IEX, described in author Michael Lewis’ book “Flash Boys: A Wall ...
Euro touches eight-month low, European shares fall
July 30th, 2014
The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were at record lows ahead of inflation data expected to boost the case for further European Central Bank policy easing. Investors were also awaiting ...
Barclays gains Profit But Investment Banking Revenue declines
July 30th, 2014
Barclays said on Wednesday that it had swung to a profit in the second quarter, but that it was hurt by lower revenue in its investment banking unit and by higher provisions for improperly sold insurance. The British bank ...