Credit Suisse’s Brexit ban is a display of neutrality its clients should cheer Most multinational investment banks with European headquarters in London should want the UK to stay within the EU. An exit would mean higher short-term costs, and might force them to relocate some staff to another European country, in order to ensure international clients have full access to the single market. Yet overt partisanship could unnerve certain clients ...
USD/JPY: bearish breakdown. The price is located to be below 100-day SMA and 200-day SMA for the primnary bearish market condition: the price is on breakdown with 107.67 support level as the tager for the bearish breakdown to be continuing if broken. Alternatively, if the price breaks 113.79 resistance level to above so the bear market rally will be started within the bearish condition with the good possibility to the reversal of the price movement to the primary bullish market condition if 117.51 ...
EUR/JPY: bearish breakdown. Daily price is on bearish market condition located to be below Ichimoku cloud: the price broke some key resistance level for the good breakdown which was stopped by 122.53 and 122.02 support levels. Chinkou Span line broke the price to below for the breakdown to be continuing, and Absolute Strength indicator is estimating the bearish trend in the near future. There are the following news events which will be affected on EUR/JPY price movement for the week ...
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EUR/USD: ranging bullish within narrow levels. The price is located to be above 200-day SMA and 200-day SMA for the primary bullish market condition with the ranging within 1.1453 resistance and 1.1304 support levels. If the price breaks 1.1453 resistance to above on close daily bar so the bullish trend will be continuing, if the price breaks 1.1304 support to below so we may see the secondary correction to be started up to 1.1063 bearish reversal level as the target. There are the ...
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