USD/JPY under pressure from 55-day SMA
March 27th, 2014
Pair’s Outlook USD/JPY remains unable to penetrate supply zone created by the 20 and 55-day SMAs. Yesterday the moving averages even pushed the rate below the support at 102.07/00, forcing the monthly PP to come into play and prevent ...
EUR/USD fails at 1.3845/31
March 26th, 2014
Pair’s Outlook Although the support near 1.38 did in fact prevent further depreciation of the Euro last week, for now the currency still remains unable to restore an upward momentum. At the moment it is struggling to breach a ...
GBP/USD climbs back above 1.65
March 26th, 2014
Pair’s Outlook Despite a recent dip beneath the 2011 highs and 100-day SMA, GBP/USD managed to recover in a short period of time and it is already testing the weekly PP at 1.6538. If the tendency to pare the ...
USD/JPY stays directionless
March 26th, 2014
Pair’s Outlook Regardless of constant attempts to break the 20 and 55-day SMAs, the resistance stands its ground and does not let the currency pair to rally. Still, given that the support at 102.07/00 is intact and most ...
New Zealand consumer mood at nine-year peak
March 18th, 2014
NZD/USD to refresh this year’s high? Why not? Especially keeping in mind extremely positive data from New Zealand. Another fact that supports another rate hike from RBNZ occurred on Monday, as a report from Westpac Banking Corporation showed consumer ...
Calculators
February 4th, 2014
PIP Calculator Pip is the short meaning for “Price Interest Point” or “Percentage In Point”. It is the smallest incremental price move that a currency pair can make and it is the last decimal point in a currency pair ...
