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GBP/USD erodes 1.7042/19
July 24th, 2014
Pair’s Outlook Apparently, GBP/USD is not willing to use the opportunity to rebound from the 2009 high. If the price falls beneath 1.7042/19, the dip will most likely extend down to 1.6973/50 (monthly PP and 55-day SMA). There will ...
Technical Analysis USD/CAD slides slightly
July 23rd, 2014
Pair’s Outlook USD/CAD is entering a very narrow range and a break-out is expected soon. To our mind it is more likely that we will see the pair jumping higher; although, a slip towards the weekly S2 at 1.0662 ...
Technical Analysis EUR/JPY touches monthly S2
July 23rd, 2014
Pair’s Outlook The pair’s movements are still mostly determined by its bears that are pushing EUR/JPY lower, as of today the monthly S2 at 136.46 was reached. This year’s low at 136.33 remains intact; moreover, this level together with ...
Technical Analysis – AUD/USD breaks weekly R1 at 0.9427
July 23rd, 2014
Pair’s Outlook The Aussie has not looked back since it received a bullish impetus from the monthly PP at 0.9369 yesterday. The next resistance level (the weekly R2) is slightly higher at 0.9460, it together with the Bollinger Bands ...
The Central Bank of the Russian Federation published External Trade in Services of Q1 2014
July 23rd, 2014
The Central Bank of the Russian Federation has published today, a table showing the External Trade in Services of the Russian Federation by Main Partner Countries. EU countries on their total comes on top of the table where Germany ...
Technical Analysis NZD/USD unable to breach 0.87 level
July 23rd, 2014
Pair’s Outlook The New Zealand Dollar is still unable neither to breach the 0.87 mark nor the monthly PP/55 and 100-day SMAs at 0.8654/42. We are pessimistic on the pair’s advance, at least for now we do not see ...
The Central Bank of the Russian Federation published External Trade in Services of Q1 2014
July 23rd, 2014
The Central Bank of the Russian Federation has published today, a table showing the External Trade in Services of the Russian Federation by Main Partner Countries. EU countries on their total comes on top of the table where Germany ...
IronFX announces new landmark global office in South Africa
July 23rd, 2014
IronFX Global has announced the opening of a new landmark global office in the Republic of South Africa, which is fully licensed by the Financial Services Board (FSB) as a Financial Services Provider (FSP). IronFX Global (South Africa) Pty ...
Gold Flat As Markets Eye US Housing, Employment Data
July 23rd, 2014
Gold is flat on Wednesday, as the spot price stands at $1307.44 per ounce late the European session. There is just one event on today’s schedule, Crude Oil Inventories. Investors are waiting for new economic data, and on Thursday ...
More companies everyday begin accepting Bitcoin payments
July 23rd, 2014
More and more companies everyday announce that they will begin accepting Bitcoin payments. Recently, Beepi, a peer-to-peer used auto marketplace based in California, announced that it will begin accepting Bitcoin payments through a partnership with Bitpay. OneStopBrokers