USD/JPY – Weekly Technical Analysis (18.08.2014-22.08.2014)
The pair has been stuck in a range between 100.80 and 103 for more than a 4 months. We remain neutral until a clear break through one of the crucial levels takes place. Until then we recommend selling the USD/JPY More...
Gold – Weekly Technical Analysis (18.08.2014-22.08.2014)
Gold is currently trading in a symmetric triangle. The dynamic support is connecting the lows from 31 December 2013 until now, whereas the dynamic resistance is connecting the highs from 28 August 2013 until the More...
GBP/USD – Weekly Technical Analysis (18.08.2014-22.08.2014)
The GBP/USD is continuing its free fall from 1.7190. The test of the 1.6690 crucial support zone failed to bring a meaningful recovery for the pair. The latter instead slid down to test the 200-day Moving Average More...
EUR/USD – Weekly Technical Analysis (18.08.2014-22.08.2014)
The EUR/USD has been stuck in the tight range between 1.3330-1.3420 for a second week. Our position here remains neutral until one of the above levels is breached. Should a breakout of the 1.3330 support occur, More...
Bank of Japan Board to shrink forecasts on fiscal year
At its October meeting, the Bank of Japan may revise its growth forecast downwards, which would underscore the current weakening of the economy. For the Bank of Japan, the fourth time to cut its growth forecast More...
Ukrainian artillery attacked Russian armored column
Ukrainian artillery has attacked a Russian armored convoy; Russia has denied allegations and has blamed Ukraine of hampering its humanitarian aid efforts. Ukrainian artillery attacked an armored column of the Russian More...
Samsung to buy SmartThings startup
Samsung is planning on the acquisition of SmartThings, a company enabling users to control connected home devices from anywhere via mobile apps. Samsung Electronics is planning the purchase of SmartThings. The More...
Bitcoin slumps to a three-month low, further losses expected
Bitcoin fell sharply to its lowest level since May 22, as the Consumer Financial Protection Bureau warned of risks entailed by virtual currencies, causing market sentiment to slump. Bitcoin fell sharply by 6.17% More...
Ukraine is sending aid to eastern areas as the Russian convoy is approaching the border
Ukraine sent aid to the war-ravaged eastern part; meanwhile a Russian convoy with emergency supplies was approaching the border in violation of Kiev-set conditions. Ukraine sent aid to its eastern part ravaged More...
The EUR/USD triangle: watch out for the direction of the breakout!
The range in the EUR/USD is getting tighter, as market players await an upside or downside breach to determine the pair’s short-term direction. Triangles are generally considered to work much better in longer More...
