forex

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GBP/USD set to decline

12/05/2014(0)
Pair’s Outlook The Cable remains bearish after hitting the 2009 highs. For now it is supported by the 20-day SMA, but there’s a high probability of an extended sell-off. ... Read More
usd in jpy

USD/JPY consolidates at 101.62

09/05/2014(0)
Pair’s Outlook While the 200-day SMA is still not letting USD/JPY to step any lower, it is also failing to rekindle interest of the market in the pair. Still, ... Read More
british-pound-sterling-GBP-21-1

GBP/USD extend bearish correction

09/05/2014(0)
Pair’s Outlook GBP/USD remains bearish after hitting 2009’s peak, even though the technical indicators are mostly pointing upwards at the moment. The Cable may find support at 1.6858/48, which ... Read More
eurusd

EUR/USD bounced off 1.3958

09/05/2014(0)
Pair’s Outlook Soon after touching upon the up-trend resistance and monthly R1 at 1.3958 EUR/USD came under strong selling pressure, which returned the currency pair back below 1.39. Now ... Read More
draghi

Draghi Sets Clock Ticking for June Stimulus by ECB

09/05/2014(0)
Mario Draghi has given himself a month to craft a new fix to the European Central Bank’s deflation angst. Cutting the euro area’s benchmark interest rate to a record ... Read More
usd-jpy

USD/JPY underpinned by 200-day SMA

08/05/2014(0)
Pair’s Outlook As many of the supports have already given up, it is now 200-day SMA’s task to revive a bullish momentum of USD/JPY. For now the moving average ... Read More
gbp in usd

GBP/USD confirms tough resistance at 1.70

08/05/2014(0)
Pair’s Outlook Judging by the currency pair’s behaviour near 1.70 yesterday, the resistance created by the 2009 highs and monthly R1 will be difficult to breach. But if the ... Read More
eurusd

EUR/USD turned around ahead of up-trend resistance

08/05/2014(0)
Pair’s Outlook After approaching the up-trend resistance line and monthly R1 level at 1.3958, EUR/USD turned around and closed beneath the weekly R1. Nevertheless, most of the technical indicators ... Read More
gbp in usd

GBP/USD records 100+ pip rally

07/05/2014(0)
Pair’s Outlook Despite the different directions implied by the various technical indicators, GBP/USD soared through the nearest resistances and reached the 2009 highs at 1.70. Since this level is ... Read More
technical analysis

EUR/USD breaks major resistance at 1.39

07/05/2014(0)
Pair’s Outlook Instead of declining from 1.39, a multi-year down-trend, the Euro notably appreciated, as was suggested by the technical indicators. Considering that the signals remain strongly positive, the ... Read More
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