Search Results for: Swiss
Technical Analysis GBP/USD grinds lower
July 21st, 2014
Pair’s Outlook There are less and less arguments in favour of a rally. First, the currency pair has been failing to make any meaningful progress for the last three weeks. Second, there is a decreasing number of technical indicators ...
Technical Analysis USD/CHF capped by 0.90
July 21st, 2014
Pair’s Outlook USD/CHF made a good attempt to break the resistance at 0.90 on Friday, but in the end it was unable to advance further. As a result, the downside risks substantially increased. The rate is now expected to ...
Credit Suisse to report biggest loss since 2008 linked on Tax Fine
July 21st, 2014
Credit Suisse Group AG (CSGN) is poised to report its biggest quarterly loss since the collapse of Lehman Brothers Holdings Inc. after being fined $2.6 billion for helping American clients evade taxes. The bank will tomorrow post a loss ...
Technical Analysis EUR/USD faces strong demand at 1.35
July 21st, 2014
Pair’s Outlook Last week, despite the pair breaching a long-term down-trend, the bulls successfully defended the key level at 1.35, thus prodding EUR/USD to return to the monthly S1. However, given the number and density of the supply lying ...
Technical Analysis USD/CHF wavers in face of 0.90
July 18th, 2014
Technical Analysis USD/CHF for July 18,2014 Pair’s Outlook As suspected, USD/CHF is now facing a supply area that is unlikely to give in easily to the bulls, as it successfully stopped advancement of the Greenback last quarter. Unless the ...
Technical Analysis USD/JPY returns to 101
July 18th, 2014
Technical Analysis USD/JPY for July 18/07/2014 Pair’s Outlook USD/JPY was once again thrown back to the support line of the descending triangle it has been forming since the beginning of this year. For the time being the pair keeps ...
Technical Analysis EUR/USD approaches main support
July 18th, 2014
Technical Analysis EUR/USD July 18, 2014 Pair’s Outlook The Euro is getting closer and closer to the key support level at 1.35, which has a chance of stopping the current sell-off and initiating a recovery. However, there will still ...
Technical Analysis GBP/USD stays directionless
July 18th, 2014
Technical Analysis GBP/USD for July 18, 2014 Pair’s Outlook Even though volatility of GBP/USD increased this week, none of the significant levels have been breached yet. According to the technical indicators, the Pound should eventually gain bullish momentum and ...
Apple appoints BlackRock founding partner to board
July 18th, 2014
Apple Inc said Susan Wagner, founding partner of BlackRock Inc, had been appointed to its board. The maker of iPhone said Bill Campbell, the board’s longest-serving member, would retire after 17 years of service. Campbell is chairman of Intuit ...
New sanctions cause Russian shares and rouble to tumble
July 17th, 2014
The United States imposed its toughest sanctions yet on Moscow on Wednesday, and Russian stocks and the rouble tumbled on Thursday. Safe-haven assets such as gold, yen and German bonds rose. The rouble-traded MICEX stock market dropped 2.5 percent ...
