Search Results for: forex
German regulator BaFin finds currency manipulation evidence
May 21st, 2014
BaFin, the German regulator, said it had found concrete evidence that traders attempted to manipulate the global currency market, making it the first financial watchdog to confirm that suspicions of wrongdoing have clear grounds. Raimund Röseler, the head of ...
USD/CHF Daily Outlook
May 21st, 2014
Intraday bias in USD/CHF remains neutral with focus on 0.8952 resistance. Decisive break there will complete a double bottom (0.8698, 0.8702) and will indicate trend reversal. In such case, stronger rise should be seen to 0.9156 resistance for confirmation. ...
USD/JPY Daily Outlook
May 21st, 2014
Intraday bias in USD/JPY remains neutral for some consolidations above 101.09 temporary low. Upside of consolidation should be limited below 102.36 resistance and bring fall resumption. Whole decline is 105.41 is likely resuming and below 101.09 will target 100.75 ...
USD/CHF Daily Outlook
May 13th, 2014
Intraday bias in USD/CHF remains on the upside for the moment. Rebound from 0.8702 is still in progress, as the third leg of the consolidation from 0.8698. Further rise should be seen for 0.8952 resistance. We’d expect strong resistance ...
GBP/USD Daily Outlook
May 13th, 2014
Intraday bias in GBP/USD remains neutral for the moment. While the overall development raises the chance of topping at 1.6995, the pair is still staying above 1.6819 support and another rally could still be seen. Above 1.6995 will target ...
EUR/GBP Daily Outlook
April 25th, 2014
Intraday bias in EUR/GBP remains neutral for some consolidations above 0.8197 temporary low. Recent development is quite mixed. But we’d like to point out again that the cross is staying inside medium term falling channel. And there is no ...
EUR/AUD Daily Outlook
April 17th, 2014
Intraday bias in EUR/AUD remains neutral as consolidations from 1.4652 continues. As long as 1.4964 resistance holds, near term outlook stays bearish and deeper decline is still expected. Below 1.4652 will target 161.8% projection of 1.5831 to 1.4987 from ...
EUR/GBP Outlook
April 17th, 2014
The break of 0.8230 confirmed that fall from 0.8399 has resumed and intraday bias remains on the downside for 0.8157 key support. Also, the cross is staying inside medium term falling channel so far and decisive break of 0.8157 ...
The billion-dollar bash – how post-crisis investigation work is changing the way law firms advise banks
April 11th, 2014
With banks setting aside eye-watering sums of money to meet liabilities generated by the fallout from the financial crash, in-house legal departments and law firms are having to rethink their business models. Alex Newman reports By any standards, $23bn ...
EUR/USD stays in the downward price channel
April 8th, 2014
EUR/USD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.3966, the rise from 1.3672 is likely consolidation of the downtrend. Resistance is located at the upper line of the channel. As long as ...
