Search Results for: Swiss Banks
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 ...
USD/JPY bounced off 102.82/72
April 23rd, 2014
Pair’s Outlook The currency pair is currently retreating from the resistance zone consisting of the monthly PP and 100-day SMA. The immediate support is represented by the 20 and 55-day SMAs, but USD/JPY is likely to decline deeper, to ...
USD/ JPY ‘s rally halted by monthly PP
April 22nd, 2014
Pair’s Outlook Monthly pivot point at 102.72 turned out to be tough and unwilling to let the U.S. Dollar to advance further. Accordingly, we are likely to witness a bearish correction, which should be stopped either by the 55-day ...
EUR/USD breaches 55-day SMA
April 22nd, 2014
Pair’s Outlook Despite a plethora of ‘buy’ signals provided by the technical indicators on all relevant time-frames, the 55-day SMA failed to remain intact. This fact jeopardises the short-term bullish outlook we were inclined to believe in yesterday. Now ...
