Search Results for: dollar
Ukraine Mounts Security Push as Russia Warns on Civil War
April 9th, 2014
Ukrainian authorities sent security forces to Kharkiv to clear the country’s second-biggest city of separatists as U.S. Secretary of State John Kerry accused Russia of using “special forces and agents” to spark unrest. An “anti-terrorist operation” was under way ...
USD/JPY plummets to 102
April 9th, 2014
Pair’s Outlook Stabilisation of USD/JPY near 102.72/66, as was expected yesterday, did not turn out to be the case. Instead, the exchange rate fell more than 100 pips and found support only near the 38.2% retracement of the November-December ...
USD/CHF capped by 0.8940/23
April 8th, 2014
Pair’s Outlook A resistance zone at 0.8940/23, mainly formed by the monthly R1 and 100-day SMA, proved to be tough yesterday by throwing USD/CHF beneath the 2012 lows at 0.89. Now, if the 55-day SMA fails to underpin the ...
USD/JPY to face 102.72/70
April 8th, 2014
Pair’s Outlook It seems that the 100-day SMA will be insufficient to stop the U.S. Dollar from falling lower. However, there is a formidable support level at 102.72/70 (consisting of the monthly PP, weekly S1 and 20-day SMA) and ...
Cable Recovers From Last Wednesday’s Loses
April 8th, 2014
GBP/USD Open 1.6607 High 1.6625 Low 1.6561 Close 1.6604 On Monday Pound/Dollar increased with almost 65 pips. The Cable appreciated from 1.6561 to 1.6625 yesterday, in line with the positive money flow sentiment at around +8%, closing the day ...
Asian Stocks Fall Second Day as Health-Care Shares Drop
April 8th, 2014
Asian stocks fell for a second day, following the biggest three-day rout in U.S. shares in more than two months, as health-care to technology companies retreated in Japan. Chinese equities rose. Takeda Pharmaceutical Co. lost 5.2 percent after a ...
USD/CHF stalls at 0.8918
April 7th, 2014
Pair’s Outlook After USD/CHF had broken the resistance near 0.89 (down-trend line and 2012 lows), the pair seems to have lost its bullish momentum. The monthly R1 and 100-day SMA at 0.8928/24 now act as a ceiling and may ...
Asian Stocks Snap 8-Day Winning Streak Led by Industrials
April 7th, 2014
Asian stocks fell for the first time in nine days, snapping the longest winning streak on the regional gauge this year, with telecommunication and technology shares leading declines. Naver Corp. slumped 6.3 percent in Seoul, SoftBank Corp. lost 4.5 ...
EUR/USD pushes through 100-day SMA
April 4th, 2014
Pair’s Outlook As the 55-day SMA failed to underpin the pair, now it is 100-day SMA’s turn to try to prevent further depreciation of the Euro. However, if this is not the case, the next significant support EUR/USD is ...
USD/JPY is calm before the storm
April 4th, 2014
Pair’s Outlook The bullish momentum we have been observing this week disappeared as the pair approached a key resistance represented by 104. But there are also fundamental reasons that keep traders from making bets for now, namely NFP. Once ...
