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Technical Analysis USD/JPY supported at 102.50
August 5th, 2014
Technical Analysis USD/JPY for August 04, 2014 Pair’s Outlook The support provided by the 200-day SMA and weekly PP proved to be weaker than initially expected, as the upward momentum is not gaining traction. Nevertheless, the long-term outlook remains ...
Technical Analysis USD/CHF stepped away from 0.91
August 4th, 2014
Technical Analysis USD/CHF for August 04, 2014 Pair’s Outlook The pair retreated some 30 pips after an impressive bullish run from Jul 15, but managed to stabilise before falling down to 0.90. Given that the near-term indicators are bullish, ...
Technical Analysis USD/JPY to rebound from 200-day SMA
August 4th, 2014
Technical Analysis USD/JPY for August 04, 2014 Pair’s Outlook USD/JPY took a severe blow from the resistance around 103 at the end of the last week, but the Buck should be underpinned by the demand at 102.49/46 (weekly PP ...
Euro Near Eight-Month Low as Short Bets Surge
August 4th, 2014
The euro was 0.4 percent from its lowest level versus the dollar since November as investors held the largest position in two years betting on a drop in the currency before the region’s central bank meets this week. Europe’s ...
Technical Analysis GBP/USD targets monthly S1
August 4th, 2014
Technical Analysis GBP/USD for August 4, 2014 Pair’s Outlook The Greenback underperformed relative to most of its main counterparts last Friday, but it nonetheless managed to gain more ground against the Sterling. If this tendency continues, the support at ...
Technical Analysis EUR/USD to stay beneath 1.35
August 4th, 2014
Technical Analysis EUR/USD for August 4, 2014 Pair’s Outlook Although the U.S. Dollar weakened because of the Friday’s data, none of the significant resistances have been broken, meaning the downward trend is likely persist nonetheless. Moreover, most of the ...
Asian shares pressured by Wall Street, geopolitical tensions
August 4th, 2014
Fears of further declines on Wall Street pressured Asian shares on Monday, as concerns over geopolitical tensions and Argentina’s debt default eclipsed U.S. data that argued against an earlier start to the Federal Reserve’s rate-tightening cycle. Japan’s Nikkei average ...
Technical Analysis USD/CHF decelerates ahead of weekly R2
August 1st, 2014
Technical Analysis USD/CHF for August 01, 2014 Pair’s Outlook USD/CHF took a break ahead of the weekly R2 and Bollinger band, but there should be no difficulties for the pair to reach the 2014 peak at 0.9156, as suggested by ...
Technical Analysis USD/JPY—the sky is the limit
August 1st, 2014
Technical Analysis USD/JPY for July 01, 2014 Pair’s Outlook It look a little longer than initially expected, but the upward momentum is finally gaining traction. This is evidenced by a majority of the technical indicators on all time-frames giving ...
Technical Analysis EUR/USD eyes 1.33
August 1st, 2014
Technical Analysis EUR/USD for August 01, 2014 Pair’s Outlook EUR/USD continues to grind lower, and it does not seem we are going to observe a pronounced bullish correction before the pair reaches the 2013 Q4 low at 1.33. Then ...
