Search Results for: currency market
Technical Analysis: Currency pairs – Nov 14
November 14th, 2014
Technical Analysis for November 14, 2014 EUR/USD pair still moving sideways and a break to this triangle chart pattern will be soon. A break higher than 1.252 will bring a heavy buy and a break under 1.24 level will target ...
Thursday November 13: OSB Daily Technical Analysis – Currency pairs
November 13th, 2014
OSB Daily Technical Analysis for November 13, 2014 EUR/USD rallied into the 1.25 handle which proved too resistive to climb over. The pair has tried and failed to remain above for three sessions in a row which suggests that further ...
Technical Analysis: Currency pairs – Nov 13
November 13th, 2014
Technical Analysis for November 13, 2014 EUR/USD The last movement from the market was holding the price around 1.242, Currently EUR/USD still moving sideways at 1.24 – 1.25 level. The last movement from the market can’t break 1.251 resistance ...
Wednesday November 12: OSB Daily Technical Analysis – Currency pairs
November 12th, 2014
OSB Daily Technical Analysis for November 12, 2014 EUR/USD edged higher on the day hitting resistance at the 1.25 handle. Pair looking to bounce above this key resistance level. A close above extends to the 1.2540-70 area. Consolidation and ...
Tuesday November 11: OSB Daily Technical Analysis – Currency pairs
November 11th, 2014
OSB Daily Technical Analysis for November 11, 2014 EUR/USD declined on Monday after rallying and finding resistance at the 1.25 handle. Pair is likely to gyrate at these levels as it looks for further direction. Support below at 1.2360. ...
Chinese, Canadian central banks agree to 200 bln yuan currency swap
November 10th, 2014
The central banks of China and Canada have agreed to a currency swap worth 200 billion yuan ($32.67 billion) or C$30 billion, according to a Canadian government statement issued at a meeting of Asia Pacific nations on Saturday. The swap will ...
UBS to settle over precious metals misconduct allegations as part of forex market rigging probe
November 10th, 2014
UBS are expected to strike a settlement with financial regulators over allegations of misconduct at its precious metals trading business. The settlement will form a part of a £1.5bn agreement the Swiss lender is due to make with five ...
Monday November 10: OSB Daily Technical Analysis – Currency pairs
November 10th, 2014
OSB Daily Technical Analysis for November 10, 2014 EUR/USD sold off breaking below the 1.24 handle on Friday finding support at the 1.2360 area and managed to close back above at 1.2545. Price action suggests some support further below ...
Friday November 7: OSB Daily Technical Analysis – Currency pairs
November 7th, 2014
OSB Daily Technical Analysis for November 7, 2014 EUR/USD sold off breaking and closing below the 1.24 handle on Thursday making a new two year low. Support at 1.2350-30. A close below extends to 1.22 in the short term. ...
Thursday November 6: OSB Daily Technical Analysis – Currency pairs
November 6th, 2014
OSB Daily Technical Analysis for November 6, 2014 EUR/USD The EURUSD closed below the 1.25 handle for the first time. This suggests more downside for the pair. Support below at 124.35-15 which is likely to be tested in the ...
