EUR/USD Channel Support Retest (March 24, 2014)
EUR/USD recently broke below a key support zone around the bottom of the rising channel on the 1-hour time frame and the 1.3800 major psychological level.
EUR/USD recently broke below a key support zone around the bottom of the rising channel on the 1-hour time frame and the 1.3800 major psychological level.
The USD/JPY pair did very little during the session on Thursday, hovering just below the 102.50 handle.
At the two Conferences (National People’s Congress and Chinese Political Consultative Conference) of 2014, the reform of State-Owned Enterprises (SOE) became a hot topic of discussion among the representatives.
Originally published on Energy Post. By Rolf de Vos and David de Jager. The IEA’s annual World Energy Outlook (WEO) is seen as the most authoritative set of energy scenarios in the world. Yet when we test the forecasts for the growth of renewable…
China Telecom Corp (CHA, quote), the smallest of the country’s three mobile phone network operators, reported an 18.7 percent rise in fourth-quarter profit after rapid mobile sales growth pushed quarterly revenue to a record high.
The AUD/USD pair fell hard during the session on Wednesday, but found enough support at the 0.90 level to keep the market somewhat afloat.
EUR/USD is moving in an uptrend, as seen on its 1-hour time frame. It is making a test of the rising trend line connecting the lows of the price while stochastic is in the oversold zone.
Option Alert Service Signal New Trade Suggestion
Ukraine refused to accept the treaty under which Russia annexed the “self-proclaimed” Republic of Crimea and the city of Sevastopol as part of its territory, the Ukrainian Foreign Ministry said Tuesday.
AUDUSD broke above 0.9133 resistance, suggesting that the uptrend from 0.8660 (Jan 24 low) has resumed.