Search Results for: currency market
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 ...
Europe Index Futures Rise With Asia Stocks as Kiwi Drops
May 26th, 2014
European stock index futures rose as Asian stocks headed for their highest close this year after China’s premier said policy will be fine-tuned as needed to support the economy. New Zealand’s dollar fell with crude futures as copper and ...
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 ...
Thai stocks decline after martial law
May 23rd, 2014
Thailand’s stock market sank Friday, a day after the country’s military seized power in a bloodless coup. Other Asian stock markets were mostly higher, with Japan boosted by weakness in the yen. Bangkok’s SET index fell more than 2 ...
EUR/USD Daily Chart
May 23rd, 2014
Pair’s Outlook The currency pair is moving further away from the resistances. Right now it is testing the weekly S1 at 1.3642, but is expected to decline even deeper, despite the majority of the monthly studies being bullish. The ...
GBP/USD targets 1.70
May 22nd, 2014
Pair’s Outlook The Pound preserves the upward momentum and it seems to be well-positioned to launch an attack on the 2009 highs once the weekly R1 is out of the way. And while the weekly and monthly technical studies ...
GBP/USD extends recovery from up-trend support
May 21st, 2014
Pair’s Outlook As it turned out, GBP/USD did not have to undergo a deep bearish correction in order to climb over the weekly PP. Now the currency pair is free to move even higher. The immediate resistance is represented ...
EUR/USD sandwiches between monthly S1 and 200-day SMA
May 21st, 2014
Pair’s Outlook The currency pair remains completely motionless, even though the daily and especially monthly technical indicators imply elevated volatility in the exchange rate. For EUR/USD to return to being active it has to breach either the monthly S1 ...
ASIC bans former Sydney trader
May 20th, 2014
The Australian Securities and Investments Commission (ASIC) has banned Jeremy Kaviraj Nambiar, of St Ives, New South Wales, from providing financial services for eight years after an ASIC investigation found he created a series of fictitious trading entries and ...
