Strong UK Retail Sales Keeping GBP/USD Supported For Now
Strong UK Retail Sales Keeping GBP/USD Supported For Now
The GBP/USD has been consolidating since mid-November. A month later, after many choppy moves, cable has ranged roughly between 1.5541 and 1.5825. ... Continue reading
Uptrend on AAPL Shares to Resume? – Dec 18, 2014
Uptrend on AAPL Shares to Resume? – Dec 18, 2014
AAPL shares are currently testing support at the 50 simple moving average, which has acted as a dynamic inflection point in the past. Price ... Continue reading

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Technical Outlook

Even when the USD was giving back its gains, the AUD/USD remained bearish. While the EUR/USD and GBP/USD for example consolidated, or even rallied, the AUD/USD remained pressured and is now pushing into new lows on the year, carrying a...
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Stock Picks

US stocks dropped on Friday putting the S&P 500 on track to snap the seven weeks of gains with oil prices dropping to fresh lows of five years after disappointing China data. The S&P 500 ended the day 1.6% lower to $2,00...
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Technical Analysis

This week, the key fundamental risk for the USD was the FOMC Decision/Statement/Press Conference. On Wednesday (12/17), the FOMC left rates unchanged, but did paint a rosier outlook for 2015, giving the market more affirmation that th...
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Bitcoin News

Walter Isaacson, author and CEO of the Aspen Institute, believes that there are various advantages from disruptive technologies such as Bitcoin which according to him can shape the payments space in 2015. Coming from someone who was ...
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