Search Results for: traders
Technical Analysis USD/CAD slides slightly
July 23rd, 2014
Pair’s Outlook USD/CAD is entering a very narrow range and a break-out is expected soon. To our mind it is more likely that we will see the pair jumping higher; although, a slip towards the weekly S2 at 1.0662 ...
Technical Analysis EUR/JPY touches monthly S2
July 23rd, 2014
Pair’s Outlook The pair’s movements are still mostly determined by its bears that are pushing EUR/JPY lower, as of today the monthly S2 at 136.46 was reached. This year’s low at 136.33 remains intact; moreover, this level together with ...
Technical Analysis – AUD/USD breaks weekly R1 at 0.9427
July 23rd, 2014
Pair’s Outlook The Aussie has not looked back since it received a bullish impetus from the monthly PP at 0.9369 yesterday. The next resistance level (the weekly R2) is slightly higher at 0.9460, it together with the Bollinger Bands ...
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 ...
Research: Trends & Conclusions
July 23rd, 2014
The insolvency and restructuring business remains slow-moving thanks to the improving economy and low interest rates. Lawyers note increased competition and a fight for the limited work available. But this period may soon be at an end as the ...
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 ...
