Tenkan-sen line is located above Kijun-sen line of Ichimoku indicator with 64.85 resistance level on D1 timeframe for bullish market condition to be continuing Daily price is located above Senkou Span A line which is virtual border between the bearish and the bullish on the chart...
The euro erased gains against the U.S. dollar on Wednesday, after upbeat U.S. home sales data and as concerns over Greece's debt woes continued to undermine demand for the single currency...
The Swiss franc dipped against the euro and the greenback on Wednesday after the Swiss National Bank announced it would eliminate exemptions from its policy of negative interest rates for certain public accounts, including the central bank’s pension fund...
The Greek crisis has not given any boost to the safe-haven assets so far, however that may change soon...
On Wednesday the dollar was broadly lower versus its peers, as growing uncertainty over the timing of a U.S. rate hike weighed on the greenback and investors eyed upcoming data on U.S. home sales...
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On Wednesday sterling regained ground after the minutes of the Bank of England’s April meeting indicated there is an improved chance that inflation could bounce back more strongly in 2015...
According to the economists polled by Bloomberg, Switzerland is now suffering from its biggest decline in output since the 2008-2009 financial crisis as exports slump three months since ending a cap on the franc...
On Wednesday gold prices swung near the $1,200-level amid jitters over the lack of an agreement on economic reforms for bailout funds between Greece and its creditors remained...
On Wednesday the dollar dipped against the yen in Asian session, with a bout of yen buying earlier in the morning session after Japan reported its first monthly trade surplus in nearly three years. The Australian dollar climbed on rising inflation...
Below are five stocks owned by billionaire investors, each of which the investor involved has projected to double in price, or better: 1) Hertz (HTZ) - Billionaire Barry Rosenstein, head of the activist hedge fund Jana Partners, recently said at an investing conference that he believes Hertz shar...
On Wednesday crude-oil futures slid in Asian trade, undermined by expectations U.S. oil stockpiles will continue to rise and after Saudi Arabia suspended its air campaign in Yemen...
Prague is going to hold the Bitcoin Conference on 14th May which is expected to attract Bitcoin enthusiasts from around the world, particularly from the Europe. The organizers claim: Bitcoin Conference Prague - what to expect...
The Bull Market in Stocks Is Alive and Well (Barron’s) The Mystery of China’s Gold Stash May Soon Be Solved (Bloomberg) This is what legalized pot looks like in New York (Crains) This Is Your Brain on Money: How Investors Trip Themselves Up (WSJ) but see Mom-and-Pop Traders Went on a Buying Binge...
With a few weeks ahead of the UK general election, analysts say an outright victory for the right-leaning Conservative Party is encircled with concerns about “Brexit”, or an U.K. exit from the European Union, which in turn could put the pound GBPUSD under heavy pressure in the aftermath...
On Tuesday the greenback trimmed gains against its major rivals, but remained supported as it continued to recover from the previous week's disappointing U.S. data...
Precious metals gained on Tuesday morning in Europe, reversing some of the previous session's losses, despite a firming of the US dollar...
Ian Taylor, chief executive officer of Vitol, an independent oil trader, has said profitable trading opportunities caused by the oil collapse have been sharply diminished in 2015, with crude prices now seem to have bottomed...
On Tuesday the euro remained broadly lower data indicated that German economic sentiment deteriorated slightly this month and as Greek concerns continued to weigh...
The forthcoming general election in the UK brings rough times for the local currency, with the lack of a favorite being the main concern. The volatility from that uncertainty has one analyst saying the pound could even hit $1.35 ahead of the vote...