Search Results for: Swiss bank
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 ...
EUR/USD probes support at 1.3687/72
May 16th, 2014
Pair’s Outlook EUR/USD stays directionless, as its movements are restricted by the tough levels from both sides. Should the currency pair try to recover, as suggested by the monthly technical indicators, it is going to first bump into the ...
USD/JPY contained by 102.35/10
May 15th, 2014
Pair’s Outlook As suspected, USD/JPY failed to gain a foothold above 102.35/10, which is a necessary condition for the long-term sustainable recovery. But at the same time the currency pair is currently well-supported (mainly by the 200-day SMA and ...
GBP/USD headed towards up-trend support
May 15th, 2014
Pair’s Outlook None of the nearest supports were able to negate the bearish momentum yesterday. Consequently, we are now left only with 1.6736/26 (55-day SMA and up-trend line) that may prevent further sell-off and thus keep GBP/USD within the ...
EUR/USD faces 200-day SMA
May 15th, 2014
Pair’s Outlook After a precipitous decline EUR/USD now finds itself trapped between two strong levels. From above the currency pair is capped by a combination of the up-trend line and 100-day SMA. From below the price is underpinned by ...
