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
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
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
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
Canada Statistics has issued the following data: Canada’s merchandise exports declined 1.4% in March, while imports edged up 0.4%. As a result, Canada’s trade surplus with the world narrowed ... Read More
Saxo Bank is proud to offer Stock Options in May 2014 By enabling its direct clients with Stock Options, Saxo increases its multi asset offer. Saxo Bank clients will ... Read More
Pair’s Outlook At first the new up-trend support line triggered a rally in USD/CHF, forcing it to surge all the way to 0.8832/31. But subsequently the currency pair did ... Read More
The price of oil climbed above $100 a barrel Monday as escalating tensions in Ukraine outweighed a fourth month of contraction in China’s manufacturing. Benchmark U.S. crude for June ... Read More
Bitcoin this morning failed to close above a key Fibonacci level, resulting in some bears pulling rug from under the bulls’ feet. Will the bulls fight back? Possibly – ... Read More
The New York Stock Exchange’s $4.5 million penalty for oversight violations represents the Securities and Exchange Commission’s first salvo since Michael Lewis reignited scrutiny of market structure. NYSE, which ... Read More
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