Search Results for: Swiss
USD/JPY bounced off 101.23/00
May 20th, 2014
Pair’s Outlook While the 200-day SMA has already been breached, which is generally reckoned to be a bearish sign, some of the strongest demand areas remain intact. Consequently, unless a cluster of supports at 101.23/00 is broken, there will ...
GBP/USD may dip to monthly PP
May 20th, 2014
Pair’s Outlook The Cable is currently experiencing difficulties overcoming the weekly pivot point, which did not let the Pound to appreciate further. Accordingly, the nearest future could be associated with a sell-off that should be limited by a strong ...
EUR/USD is likely to breach 200-day SMA
May 20th, 2014
Pair’s Outlook EUR/USD is still lacking momentum. From the upside the currency pair’s movements are restricted by the monthly S1, but there are also additional resistances represented by the 100-day SMA and up-trend line at 1.3760 and by the ...
Central Bank Gold Agreement
May 19th, 2014
ECB and other central banks announce the fourth Central Bank Gold Agreement as follows: The European Central Bank, the Nationale Bank van België/Banque Nationale de Belgique, the Deutsche Bundesbank, Eesti Pank, the Central Bank of Ireland, the Bank of ...
USD/JPY to challenge 101.27/00
May 19th, 2014
Pair’s Outlook USD/JPY remains hesitant to commence a recovery. Instead it is weighed upon by the selling pressure, which forced the currency pair to decline below the 200-day SMA. Still, the immediate support is at 101.27/00 and it may ...
GBP/USD to try to reach 2009 highs
May 19th, 2014
Pair’s Outlook The Pound continues to recover after an encounter with a cluster of supports around 1.6750. This demand area consists of the monthly pivot point, 55-day SMA and the rising trend-line and is therefore unlikely to be breached ...
EUR/USD stays flat
May 19th, 2014
Pair’s Outlook Neither the ceiling at 1.3725 nor the floor at 1.3686 seem to be willing to give in. However, considering that EUR/USD has recently confirmed the major down-trend resistance near 1.3950 and subsequently breached an important up-trend support ...
Credit Suisse Said Close to Guilty Plea, $2.5 Billion Accord With U.S.
May 16th, 2014
Credit Suisse Group AG (CSGN) is close to reaching an agreement to plead guilty and pay about $2.5 billion to the U.S. Justice Department and regulators to resolve investigations into whether it helped Americans evade taxes, three people familiar ...
USD/JPY violated 200-day SMA
May 16th, 2014
Pair’s Outlook The 200-day SMA, one of the supports seen capable of revitalising the bullish momentum, was breached yesterday. This exposed another important level, namely the 50% Fibo at 101.19, which kept USD/JPY buoyant in February and March. Should ...
GBP/USD backed up by 1.6742/29
May 16th, 2014
Pair’s Outlook By rebounding from the rising support line at 1.6742/29, which is reinforced by the 55-day SMA, the Cable preserved its bullish outlook. At the same time the weekly and monthly technical studies also imply a positive bias ...
