Search Results for: HP
EUR/USD turned around ahead of up-trend resistance
May 8th, 2014
Pair’s Outlook After approaching the up-trend resistance line and monthly R1 level at 1.3958, EUR/USD turned around and closed beneath the weekly R1. Nevertheless, most of the technical indicators are pointing north, implying that the bulls are going to ...
Territory confrontations escalate among China, Vietnam and the Philippines
May 8th, 2014
Tensions escalated in the South China Sea region this week after China, Vietnam and the Philippines were involved in a series of potentially explosive confrontations over disputed territory. Vietnamese officials say Chinese military and civilian ships have been intimidating ...
GBP/USD records 100+ pip rally
May 7th, 2014
Pair’s Outlook Despite the different directions implied by the various technical indicators, GBP/USD soared through the nearest resistances and reached the 2009 highs at 1.70. Since this level is likely to be a tough obstacle (reinforced by the monthly ...
EUR/USD breaks major resistance at 1.39
May 7th, 2014
Pair’s Outlook Instead of declining from 1.39, a multi-year down-trend, the Euro notably appreciated, as was suggested by the technical indicators. Considering that the signals remain strongly positive, the rally may extend further, at least up to the rising ...
D2MX Pty Ltd pays infringement notice penalty to ASIC
May 6th, 2014
The Australian Securities and Investments Commission (ASIC), has given D2MX Pty Ltd (D2MX) an infringement notice penalty and therefore has paid a total penalty of $110,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel ...
USD/CHF retains bearish outlook
May 5th, 2014
Pair’s Outlook At first the new up-trend support line triggered a rally in USD/CHF, forcing it to surge all the way to 0.8832/31. But subsequently the currency pair did not manage to withstand the selling pressure and was broken. ...
CEOs must act before HMRC’s investigations
April 30th, 2014
The phenomenal pace of international tax transparency initiatives continues to accelerate. Chancellor of the Exchequer, George Osborne, announced at the G5 finance ministers’ meeting this week that agreements for the automatic exchange of information between the UK, France, Germany, ...
USD/CHF rebounds from 0.88
April 30th, 2014
Pair’s Outlook Since USD/CHF closed beneath the monthly PP and 55-day SMA, it was expected to extend the losses. However, it turned around ahead of the weekly S2 at 0.8764 and decided to return to the down-trend line at ...
USD/JPY unable to breach monthly PP
April 30th, 2014
Pair’s Outlook USD/JPY seems to have once again failed at 102.72/56 (monthly PP and 100-day SMA), thereby calling into question the currency pair’s ability to recover in the long run. Still, being that the key supports remain intact, such ...
EUR/USD plummets from 1.39
April 30th, 2014
Pair’s Outlook As soon as EUR/USD approached 1.39, it was immediately sold off down to the support are around 1.38, which consists of the monthly PP and 55-day SMA. And while this may potentially alleviate the downward pressure due ...
