Archives
EUR/USD Daily Chart – Technical Analysis
June 12th, 2014
Pair’s Outlook The currency pair closed below the weekly S1, but seems to be already losing its downward momentum ahead of the main support at 1.3481/75. Moreover, less daily technical indicators are giving ‘sell’ signals than yesterday, meaning there ...
EUR/USD Daily Chart – Technical Analysis
June 11th, 2014
Pair’s Outlook EUR/USD closed below the weekly S1 yesterday, meaning there are no significant supports left to guard the key level at 1.3481/75—monthly S1 and, more importantly, the 2014 low. Depreciation of the Euro beyond this point in the ...
Will Russia’s friendship with China work?
June 6th, 2014
When Russian President Vladimir Putin and his Chinese counterpart Xi Jinping signed a huge gas deal last month, the timing couldn’t have been better. It was on the eve of the Putin’s St Petersburg Forum, and just weeks after ...
Xiaomi’s Phones Have Conquered China. Now It’s Aiming for the Rest of the World
June 6th, 2014
On May 15, behind the curving, imperial facade of the China National Convention Center in Beijing, a veteran technology executive named Lei Jun walks onstage before a thousand raucous fans and members of the media. It’s a familiar scene ...
General Motors (GM) accepts ‘troubling’ report on Chevrolet Cobalt recall
June 6th, 2014
General Motors (GM) has accepted the findings of a “brutally tough, deeply troubling” report into recalls of its Chevrolet Cobalt over ignition problems which have been linked to 13 deaths. GM also said it would launch a compensation fund ...
China Seeks to Cap Fossil Fuel Emissions for First Time
June 6th, 2014
China is working on how to cap its greenhouse gas emissions for the first time, an effort that would spur the worldwide effort to hold back climate change. The world’s biggest producer of fossil fuel emissions has been studying ...
Asian stocks rise after ‘unprecedented’ European Central Bank (ECB) actions
June 6th, 2014
Asian stocks rose after the European Central Bank introduced aggressive easing measures aimed at stimulating the eurozone economy. The ECB become the first major central bank to introduce negative interest rates, which will see it become cheaper for banks ...
GBP/USD Daily Chart – Technical Analysis
June 4th, 2014
Pair’s Outlook Perhaps not at the initially estimated speed, but GBP/USD is nevertheless moving south. Accordingly, soon there is going to be a test of the 100-day SMA. If this support remains intact, there is likely to be a ...
All you need to Know about CySec’s Exams 2014 – Analysis by GP GLOBAL LTD
June 3rd, 2014
All you need to Know about CySec’s Exams 2014 – Analysis by GP GLOBAL LTD When will the Cyprus Securities and Exchange Commission (CySEC) Exams 2014 take place? According to a recent press release issued by the Commission, the certification exams ...
USD/JPY Daily Chart
May 26th, 2014
Pair’s Outlook USD/JPY managed to close above the 200-day SMA, and this is a good bullish signal. However, there are still a number of tough resistances lying overhead that are capable of negating the current upward momentum. The nearest ...
