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  1. AUD/NZD Price Action Analysis - bearish trend to be continuing by 10-day low to be breaking

    by , 05-22-2016 at 05:05 PM
    Daily price is located below 200-day SMA for the primary bullish market comndition. The price is breaking 10-day low level at 1.0650 to below for the bearish trend to be continuing.

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    If the price will break 1.0650 support level so the primary bearish market condition will be continuing.
    If the price will break 10-day high at 1.0918 to above so the reversal of the price movement from the primary bearish to the primary bullish condition ...
  2. Weekly Outlook: 2016, May 22 - May 29

    by , 05-22-2016 at 01:19 PM
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    The US dollar had a positive week, enjoying support from the Fed. UK and US GDP updates, US durable goods orders and key German surveys stand out. These are the highlights of this week.

    1. German ZEW Economic Sentiment: Tuesday, 9:00. A rise to 12.1 is expected now.
    2. German Ifo Business Climate: Wednesday, 8:00. Economists from the IFO institute believe German economic activity will show a 0.6% growth while the second quarter is expected
    ...
  3. GBP/USD Successful Re-Test of Former Resistance Line

    by , 05-22-2016 at 11:08 AM
    GBP/USD
    Weekly

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    -FXTW has maintained that “GBP/USD trade remains constructive for a run at trendline resistance (about 1.4900) but watch for support at the internal trendline that crosses through inflection points since September. FXTW would like to see support register at that line in order to maintain a constructive view. Remember, there is a 96 month (8 year) cycle low count.” Support registered near (a few ticks above) the mentioned ...
  4. Ciara Signs With IMG Models - she also serves as Topshop's first U.S. brand ambassador

    by , 05-22-2016 at 01:48 AM
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    Ciara has signed with IMG Models, The Hollywood Reporter reports. She already is represented by sister agency WME for music and other areas. "I'm super thrilled about partnering with IMG Models," said Ciara in a statement. "I have always had a strong love for fashion, and I'm grateful to be surrounded by so many great friends that are the best at what they do in this industry."

    more...
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  5. EA addresses rumors of upcoming Xbox One, PS4 upgrades - EA predicted a net sale of 25 million consoles this year

    by , 05-21-2016 at 09:25 PM


    Electronic Arts held its earnings call for the fourth quarter of its fiscal year 2016 yesterday, and shared its own thoughts on whether or not Microsoft and Sony are prepping new console designs, as well as information on how such plans might impact its own business. Historically, transitions between console generations have always been a bit rocky for game publishers. They ...
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