Search Results for: traders
GBP/USD challenges weekly PP
May 27th, 2014
Pair’s Outlook The Cable is currently eroding the supply area at 1.6855/51, a breach of which will pave the way towards a major level at 1.70. However, due to toughness of the resistance, advancement beyond this point seems to ...
EUR/USD postpones decline
May 27th, 2014
Pair’s Outlook EUR/USD recovered some of the losses yesterday, but the market is nevertheless considered to be bearish. The reason is that the key resistances, such as the down-trend at 1.39, stay intact, but some of the most important ...
Barclays Manipulated Gold as Soon as It Stopped Manipulating Libor
May 26th, 2014
If you were writing a paranoid fantasy of gold price manipulation you’d be hard pressed to come up with something more on the nose than the U.K. Financial Conduct Authority’s order against Barclays. It has everything; it is the ...
USD/JPY Daily Chart
May 26th, 2014
Pair’s Outlook USD/JPY managed to close above the 200-day SMA, and this is a good bullish signal. However, there are still a number of tough resistances lying overhead that are capable of negating the current upward momentum. The nearest ...
USD/CHF Daily Chart
May 26th, 2014
Pair’s Outlook As it turned out, the 200-day SMA was not able to keep the bulls at bay for long and eventually gave in. Now, being well-supported at 0.8946/42, USD/CHF is supposed to move further north. If this is ...
GBP/USD Daily Chart
May 26th, 2014
Pair’s Outlook Last week’s attempt to re-test the 2009 highs at 1.70 did not succeed, and GBP/USD declined. Still, the key support, namely the monthly PP, 55-day SMA and up-trend line at 1.6782/70, stays intact, meaning the currency pair ...
EUR/USD Daily Chart
May 26th, 2014
Pair’s Outlook Regardless of the majority of the monthly technical indicators pointing upwards at the moment, the Euro is more likely to depreciate than to gain value. The immediate support is represented by the monthly S2 and weekly S1 ...
USD/CHF preserves strong upward momentum
May 23rd, 2014
Pair’s Outlook USD/CHF continues to advance and looks ready to jump over the 200-day SMA, as suggested by the daily technical indicators. This is going to be an important accomplishment for the currency pair and will most likely imply ...
USD/JPY charges at 200-day SMA
May 23rd, 2014
Pair’s Outlook At the moment USD/JPY is forcing its way through the resistance at 101.80/73, specifically the 200-day SMA. If the attempt is successful, there will be few doubts that the rally is going to make it to the ...
Barclays fined £26m by FCA
May 23rd, 2014
The Financial Conduct Authority (FCA), the Bitish regulatory body, has fined Barclays Bank Plc (Barclays) £26,033,500 for failing to adequately manage conflicts of interest between itself and its customers as well as systems and controls failings, in relation to ...
