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Daily price is located below SMA with period 200 (200 SMA) for the primary bearish market condition with the ranging within the following support/resistance levels: 1.4826 resistance located near 200 SMA on the border between the primary bearish and the primary bullish trend on the chart, andFibo support level at 1.4379 located below 200 SMA on the primary bearish area. If the price breaks 1.4826 resistance on daily close ...
USD/CHF M5: 238 pips price movement by Brexit Referendum Final Results H4 intra-day price is breaking 200 SMA t above for the bullish breakout: the price is testing 15-day high at 0.9775 for the bullish reversal to be continuing.
GBP/USD M5: 1,639 pips price movement by Brexit Referendum Results Expectation "The U.K. is poised to leave the European Union after a historic referendum, vote tallies showed early Friday, setting the stage for an unprecedented and messy untangling with far-reaching implications." "As of 6:05 a.m. local time Friday (1:05 a.m. ET), NBC's British partner ITV News put "Leave" at 51.8 percent with "Remain" garnering 48.2 percent, with ...
What happens now that Britain has voted for Brexit Britain has voted for Brexit. What happens now? Nothing immediate, is the answer for EU nationals living in Britain and Britons living elsewhere in the EU, as well as for businesses on both sides of the Channel. It will all depend on negotiations that could take years—and no one is sure quite how many years, because the only precedent is Greenland, with a population today of around 50,000, which voted to leave in 1982. The first aim ...
In a vote to leave, GBP would come under significant pressure, while risk currencies (CHF and JPY) benefit. Potential policy responses limit the degree of strength. We expect the effects on EUR/USD to be relatively muted.The payout for Bonds is asymmetric. In a vote to remain, yields would rise but not significantly, and mostly in the Euro-area core. Upon “Leave”, the path of least resistance is for yields to drop substantially, especially in the ...