Search Results for: Swiss
USD/CHF bounced off 0.8824/13
April 29th, 2014
Pair’s Outlook There was only a brief rally yesterday during which USD/CHF closed a bearish gap—nothing critical was altered by this behaviour of the pair. The bias therefore remains negative and it implies a decline down to the 2011 ...
USD/JPY to re-test 100-day SMA
April 29th, 2014
Pair’s Outlook The strong upward impulse seen yesterday confirmed that USD/JPY still deserves a bullish outlook. Now the pair is facing the 100-day SMA and monthly PP. Last week this supply area prevented further appreciation of the U.S. Dollar ...
USD/CHF refuses to decline
April 28th, 2014
Pair’s Outlook After opening with a downside gap USD/CHF changed the direction and it is now moving back to the down-trend resistance. Still, the outlook on the currency pair remains bearish for the time being, as none of the ...
USD/JPY gets closer to key support
April 28th, 2014
Pair’s Outlook USD/JPY failed to find support in the face of the weekly PP and 38.2% Fibo and fell last week. Nonetheless, there are strong supports nearby that may reverse the bearish tendency and trigger buying interest. One of ...
USD/JPY feels support from 102.20
April 25th, 2014
Pair’s Outlook As it turns out, the support at 102.20, consisting of the weekly PP and 38.2% Fibonacci retracement of the November-December advancement, should be enough to keep the pair afloat. Once USD/JPY stabilises, it will be expected to ...
GBP/USD stuck at Feb high
April 25th, 2014
Pair’s Outlook GBP/USD refused to leave the vicinity of 1.6822/14, being backed up by the nearest supports, such as the weekly PP and 20-day SMA. Therefore there are still considerable risks that the Sterling is going to surpass the ...
EUR/USD heads towards 1.39
April 25th, 2014
Pair’s Outlook With certain difficulties, but EUR/USD seems to have finally overcome the monthly pivot point. Accordingly, there is a good chance that the upward momentum will persist until the currency pair reaches the major falling trend-line at 1.39. ...
USD/CHF to cede ground
April 24th, 2014
Pair’s Outlook As the resistance at 0.8857 proved to be impenetrable, the bias towards USD/CHF is fairly negative. The currency pair could ultimately give up more than two figures to arrive at 0.86 (2011 lows) before regaining the upward ...
GBP/USD confirms resistance 1.6222/14
April 24th, 2014
Pair’s Outlook Although at first it seemed as if the resistance at 1.6822/14 is about to be breached, later in the day the bears moved GBP/USD away from the Feb high. But, unless the price falls beneath the nearest ...
Unilever Revenue Growth Beats Estimates as Europe Stabilizes
April 24th, 2014
Unilever (UNA), the maker of Magnum ice cream and TRESemme shampoo, reported first-quarter sales growth that beat estimates and said its North American pasta-sauce and Slim Fast units are under review amid talk of disposals. Underlying sales gained 3.6 ...
