Aug 20 2013 @ 04:50
The Cable has broken the former distribution territory at 1.5650 to the upside. Right now, it is trading above that territory. EURUSD: The EURUSD is not very strong but the northward bias on the Cable is helping it to remain in the bullish zone (for the duo tends to be positively correlated). Though the price […]
Aug 19 2013 @ 08:00
Daily chart: The USDJPY is making a bullish rebound in the 97.59 support level. Now, this pair will try to climb to the resistance at the 98.25 level. If it breaks, it is expected to rise to the level of 99.81. On the other hand, if the USDJPY breaks the support level of 97.59 are […]
Aug 19 2013 @ 02:12
The JPY pairs ended in equilibrium zones, but there would be significant breakouts in the prices this week. EURUSD: This pair is currently bullish (though not without turbulence). The price closed at 1.3327 on Friday and may go on to test the resistance line at 0.9400 this week. There would be bearish threats along the […]
Aug 17 2013 @ 03:18
LEARN FROM GENERALS OF THE MARKETS – PART 35 James Harry Simons (sometimes known as Jim Simons) is a great American funds manager, philanthropist and mathematician. He was born in 1938 and raised in Massachusetts. He got his BSc in math at the age of 20 and his PhD in math at the age of […]
Aug 16 2013 @ 08:05
Daily chart: The GBPUSD achieves in break the resistance level at 1.5506. Now, this pair is trying to break the resistance level at 1.5642. It is unlikely that today’s session, the pair that manages to break this resistance, because the movement has lasted quite bullish and it is very likely that this begins to form […]
Aug 16 2013 @ 05:29
Pound Sterling The Pound made a second weekly gain after the UK currency received support from a host of positive economic data releases. On Monday Sterling made gains against the Euro as data showed that British banks increased the number of mortgages being approved .The data added credence to the belief that the UK recovery […]
Aug 15 2013 @ 08:01
Daily chart: The USDX has rebounded in the 200 day moving average near the 81.81 level. Now, the USDX is trying to break the support at the 81.50 level and this could be a possible continuation of the overall bearish trend in the USDX, so this drop could be extended to the support level of […]
Aug 15 2013 @ 08:00
Daily chart: USDJPY has made a bearish rebound in resistance at the level of 98.25. Now, this pair has touched the support at 97.59 level and if it break, is expected to fall to the level of 96.38. However, this can be the formation of a lower high pattern and if the USDJPY managed to […]
Aug 14 2013 @ 08:00
Daily chart: This pair continues to fall below the 200 day moving average and is about to touch the support level at 1.5407. This level is very important in the GBPUSD’s bullish trend, because this could slow the current drop of this pair, but if the force bearish break reaches this level, it is expected […]
Aug 13 2013 @ 08:35
Daily chart: The USDX is trying to break the resistance at 81.50 and if it succeeds, it is expected to rise to the level of 82.51, in the medium term. However, we must emphasize that it is very likely that the USDX is forming a higher low pattern, to continue falling. If the USDX makes […]
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