Technical Analysis EUR/USD for 16/07/2014 Pair’s Outlook As soon as the price dropped down to the 2009 high, the bulls became active and subsequently pushed the Cable through some ... Read More
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
Standard & Poor’s Ratings Services decided to settle a pending lawsuit with the U.S. Department of Justice (DOJ) and is open to paying about $1 billion to settle it, ... 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
At a meeting in Brazil, the leaders of Brazil, Russia, India, China and South Africa announced on Tuesday that they were establishing a development bank to challenge the influence ... Read More
China’s economy, the second largest worldwide after the USA, achieved better than expected growth in the second quarter of 2014, according to official figures released Wednesday that showed government ... Read More
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