India’s benchmark index surged to a record high Tuesday after exit polls indicated that voters will deliver a mandate to Narendra Modi and the pro-business Bharatiya Janata Party. Mumbai’s ... Read More
Intraday bias in GBP/USD remains neutral for the moment. While the overall development raises the chance of topping at 1.6995, the pair is still staying above 1.6819 support and ... Read More
Pair’s Outlook USD/CHF has just broken out of the falling wedge pattern, meaning the outlook on the currency pair is now strongly bullish, even though the weekly and monthly ... Read More
Pair’s Outlook Unless USD/JPY manages to gain a foothold above the major rising trend-line (in force since the beginning of 2013) that it has recently breached, the pair will ... Read More
Pair’s Outlook Last week the currency pair plunged through a series of significant supports, such as the monthly PP and 55-day SMA. Now the bearish momentum faces an even ... Read More
The Australian Federal Police and Australian Securities and Investments Commission have issued a joint press release as follows: Two men have been arrested by the Australian Federal Police (AFP) ... Read More
Pair’s Outlook GBP/USD remains bearish after hitting 2009’s peak, even though the technical indicators are mostly pointing upwards at the moment. The Cable may find support at 1.6858/48, which ... Read More
The euro weakened from a 2 1/2-year high against the dollar as European Central Bank President Mario Draghi said policy makers were comfortable with taking additional policy action in ... Read More
Pair’s Outlook As many of the supports have already given up, it is now 200-day SMA’s task to revive a bullish momentum of USD/JPY. For now the moving average ... Read More
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
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