Search Results for: currency market
EUR/USD is likely to breach 200-day SMA
May 20th, 2014
Pair’s Outlook EUR/USD is still lacking momentum. From the upside the currency pair’s movements are restricted by the monthly S1, but there are also additional resistances represented by the 100-day SMA and up-trend line at 1.3760 and by the ...
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 ...
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 ...
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 ...
Interview with Member of the Executive Board of the ECB, Peter Praet
May 15th, 2014
Mr Praet, business activity is picking up in Europe. Hasn’t it become time to prepare increases in interest rates – rather than to ease monetary policy further, as the European Central Bank (ECB) indicated rather clearly last week? That ...
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 ...
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 ...
InstaForex Becomes Latest Online Forex Broker to Launch Bitcoin CFD Trading
May 14th, 2014
The list of online forex brokers entering the bitcoin market and launching CFDs of the digital currency continues to increase during 2014. Starting with Plus500 and AvaTrade in 2013, along with eToro, FXOpen, and Markets.com and many other smaller ...
EUR/USD breaks out of rising wedge
May 14th, 2014
Pair’s Outlook Despite the toughness of the support at 1.3754/25 (it was formed by the 100-day SMA, long-term up-trend and monthly S1) and the majority of the monthly indicators being bullish, EUR/USD preserved a downward momentum and breached the ...
London’s Latest Boom Is in Billionaires
May 13th, 2014
Tucked into the U.K, the world’s seventh-richest country with an annual GDP of about $2.5 trillion, is an island of rich people with its own subculture, customs, habits and proclivities. London now has more billionaires than any other city ...
