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Polls close in eastern Ukraine amid allegations of fraud and double-voting
May 12th, 2014
Polls closed Sunday after voters streamed into polling stations in eastern Ukraine to vote in controversial referendums held by pro-Russian activists eager to declare independence from Kiev, an official said. Voters in the city of Donetsk faced this question ...
What Beats by Apple would mean for music, and you
May 12th, 2014
It’s an odd pairing, really, the gadget-obsessed tech giant from Silicon Valley teaming up with hip-hop super producer Dr. Dre and music mogul Jimmy Iovine. But late Thursday, reports surfaced that a $3.2 billion deal was in the works ...
USD/JPY recovers from 200-day SMA
May 12th, 2014
Pair’s Outlook Unless USD/JPY manages to gain a foothold above the major rising trend-line (in force since the beginning of 2013) that it has recently breached, the pair will be seen as bearish in the long term. However, for ...
GBP/USD set to decline
May 12th, 2014
Pair’s Outlook The Cable remains bearish after hitting the 2009 highs. For now it is supported by the 20-day SMA, but there’s a high probability of an extended sell-off. GBP/USD is likely to fall down to 1.6795/76, but it ...
EUR/USD tests major support at 1.3751/25
May 12th, 2014
Pair’s Outlook Last week the currency pair plunged through a series of significant supports, such as the monthly PP and 55-day SMA. Now the bearish momentum faces an even greater obstacle, represented by the 100-day SMA, monthly S1 and, ...
USD/JPY consolidates at 101.62
May 9th, 2014
Pair’s Outlook While the 200-day SMA is still not letting USD/JPY to step any lower, it is also failing to rekindle interest of the market in the pair. Still, there is a chance that eventually the bulls are going ...
GBP/USD extend bearish correction
May 9th, 2014
Pair’s Outlook GBP/USD remains bearish after hitting 2009’s peak, even though the technical indicators are mostly pointing upwards at the moment. The Cable may find support at 1.6858/48, which is created by the weekly PP and 20-day SMA. However, ...
EUR/USD bounced off 1.3958
May 9th, 2014
Pair’s Outlook Soon after touching upon the up-trend resistance and monthly R1 at 1.3958 EUR/USD came under strong selling pressure, which returned the currency pair back below 1.39. Now the exchange rate is attempting to stabilise at 1.3845/29 (weekly ...
USD/JPY underpinned by 200-day SMA
May 8th, 2014
Pair’s Outlook As many of the supports have already given up, it is now 200-day SMA’s task to revive a bullish momentum of USD/JPY. For now the moving average seems to be successful at keeping the exchange rate afloat. ...
GBP/USD confirms tough resistance at 1.70
May 8th, 2014
Pair’s Outlook Judging by the currency pair’s behaviour near 1.70 yesterday, the resistance created by the 2009 highs and monthly R1 will be difficult to breach. But if the Pound continues to appreciate despite this supply area, the next ...
