Search Results for: Swiss
Technical Analysis USD/CHF aims for 2014 high
July 28th, 2014
Technical Analysis USD/CHF for Monday, July 28, 2014 Pair’s Outlook The Greenback carries on strengthening, and there are supposedly no significant hurdles until this year’s high at 0.9156. We may expect some profit-taking around 0.91 (monthly R2), but the ...
Technical Analysis USD/JPY prone to returning to 101
July 28th, 2014
Technical Analysis USD/JPY for Monday, July 28, 2014 Pair’s Outlook The currency pair is facing strong resistance at the moment, which it might turn out to be unable to break. The longer-term technical indicators suggest sticking to a bullish ...
Technical Analysis- EUR/USD to remain bearish
July 28th, 2014
Technical Analysis EUR/USD for Monday, July 28, 2014 Pair’s Outlook Although the Euro refused to decline for two days, in the end the bears managed to push the currency below the monthly S2 level. The current downward tendency is ...
Technical Analysis GBP/USD upheld by 55-day SMA and monthly PP
July 28th, 2014
Technical Analysis GBP/USD for Monday, July 28, 2014 Pair’s Outlook GBP/USD is currently trying to find support in the face of the monthly PP and 55-day SMA, but there is a high probability of the price falling even lower. ...
Tax fraud in Catalonia advances talks
July 28th, 2014
Jordi Pujol, the patriarch of Catalan politics, has admitted conducting tax fraud by hiding money offshore. Mr. Pujol, 84, founded Catalonia’s governing party, Convergence, and was its leader from 1980 to 2003. During that period, he acted as a ...
Technical Analysis EUR/USD refuses to go down
July 25th, 2014
Pair’s Outlook For the time being the single European currency is reluctant to decline, even though it has just breached one of the key support lines, namely 1.35. Right now the pair is facing the monthly S1 at 1.3436, ...
Technical Analysis GBP/USD fell to 55-day SMA
July 25th, 2014
Pair’s Outlook Although a breach of the resistance on Jun 30 represented by the 2009 high was considered to be a bullish sign, in the end the Sterling proved to be unable to sustain a rally. Right now GBP/USD ...
Technical Analysis USD/JPY re-tests monthly pivot point
July 25th, 2014
Pair’s Outlook Not without some difficulties, but USD/JPY managed to reach the resistance at 101.83/73. However, despite the monthly technical indicators giving ‘buy’ signals, the pair may not advance further. The supply area the U.S. Dollar is facing is ...
Technical Analysis USD/CHF to preserve momentum
July 25th, 2014
Pair’s Outlook USD/CHF seems to be already taking a break in view of the coming weekend, as it is making no progress after setting foot above the resistance at 0.90. This fact should result in the currency pair rising ...
EUR/USD set to decline
July 24th, 2014
Pair’s Outlook The sell-off might not have been as strong as expected after a breach of the support at 1.35, but the risks are still considered to be heavily skewed to the downside. And even though a half of ...
