Technical Analysis EUR/USD for 16/07/2014 Pair’s Outlook As suspected, EUR/USD failed to cross the resistance represented by the monthly PP, down-trend and 55-day SMA. As a result, the currency ... Read More
A net 61 per cent of global asset allocators are now overweight equities. This ranks as the survey’s highest reading on this measure since early 2011 and represents the ... Read More
USD/JPY Forecast The USD/JPY had a bullish momentum yesterday and slipped above 101.60. The bias is bullish in nearest term testing 102.00 or higher. Immediate support is seen around ... Read More
USD/CHF Forecast The USD/CHF had a bullish momentum yesterday slipped above 0.8950 as you can see on my hourly chart below. The bias is bullish in nearest term testing ... Read More
The chip-making giant reported second-quarter earnings after the close on Tuesday. Here’s what you need to know: The stock: Shares in the member of the Dow Jones Industrial Average ... Read More
The British pound spiked near a six-year high against the dollar on Tuesday after a surprisingly big increase in inflation fueled expectations that the Bank of England may start ... Read More
Investors were given an update on the Alibaba IPO on Tuesday, when Yahoo! Inc. (Nasdaq: YHOO) reported second-quarter earnings. Yahoo owns a 24% stake in Alibaba Group Holding Ltd. ... Read More
Wall Street powerhouse Goldman Sachs’ earnings rose in the second quarter, defying pessimistic forecasts betting on a sharp drop-off. Strong results in Goldman’s investment banking and investing and lending ... Read More
Icap-owned specialist Traiana has announced the expansion of kill-switch functionality in its CreditLink offering, which now includes single dealer platforms (SDPs). The first SDP to sign up for the ... Read More
Technical Analysis EUR/USD for July 15, 2014 Pair’s Outlook EUR/USD continues to trade beneath the resistance at 1.3643/23, represented by 55-day SMA, monthly PP and two-month down-trend. Accordingly, the ... Read More
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