Search Results for: Trade FX
EUR/USD pushes through 100-day SMA
April 4th, 2014
Pair’s Outlook As the 55-day SMA failed to underpin the pair, now it is 100-day SMA’s turn to try to prevent further depreciation of the Euro. However, if this is not the case, the next significant support EUR/USD is ...
GBP/USD inclined to move away from 1.6712/09
April 3rd, 2014
Pair’s Outlook GBP/USD does not seem to be in a hurry to descend, but being that it has just recoiled from the rising resistance line, the pair may cede more ground from here. The immediate support is at 1.6591/89, ...
GBP/USD plunges beneath monthly pivot point
April 2nd, 2014
Pair’s Outlook At first it looked as if the Sterling is going to continue the advancement seen last week. However, despite the bullish technical signals on the weekly and monthly time-frames, the price declined, being unable to withstand the ...
USD/JPY tests 100-day SMA
March 31st, 2014
Pair’s Outlook Despite the resilience the 55-day SMA has recently demonstrated, in the end USD/JPY has managed to spike through the line and reach 103.03/102.76, which consists of the monthly R1 and 100-day SMA. Should the bulls continue pushing ...
GBP/USD pierced through 1.66
March 31st, 2014
Pair’s Outlook Following a rebound from the 100-day SMA and 2011 highs at 1.65 GBP/USD has breached a number of tough resistances, including the 55-day SMA and monthly pivot point. Accordingly, a chance of further appreciation of the Sterling ...
EUR/USD slips below 1.38
March 28th, 2014
Pair’s Outlook Regardless of the weekly and monthly technical indicators that remain bullish, EUR/USD plunged beneath the support at 1.38. The Euro is currently testing the 55-day SMA at 1.3730, but this level is also reinforced by the 100-day ...
FCA warning for clone company
March 26th, 2014
The Financial Conduct Authority (FCA), the British financial regulatory authority, has issued a Warning informing the investors that Traders Trust Capital Markets Ltd (www.fxttcm.co.uk , www.fxttcm.co.uk/En/) is a clone firm and thus, is not permitted to provide financial services or ...
Carney Faces Leadership Test as Currency Scandal Snares BOE
March 10th, 2014
Bank of England Governor Mark Carney will face his toughest public testimony to date as he seeks to defend the integrity of an institution that’s become embroiled in the currency-manipulation scandal. Lawmakers will grill Carney tomorrow after the BOE ...
