"EURUSD has been trending lower on the short-term time frames, with a potential retracement opportunity presenting itself on the 4-hour chart. Price previously broke below support around 1.0850-1.0900 before dipping close to the 1.0700 handle then pulling back.Using the Fibonacci retracement tool on the latest swing high and low shows that the 50-61.8% levels line up with the broken support zone. This might hold as resistance since it is also close ...
TCL Multimedia has reached a subscription agreement with Letv's subsidiary Letv Zhixin, under which Letv will invest HKD2.267 billion, which is about CNY1.875 billion, to subscribe to an approximate 20% stake in TCL Multimedia via Letv Zhixin's newly-established wholly-owned subsidiary in Hong Kong. With this deal, Letv will gain 348.85 million TCL Multimedia's new shares at the price ...
- Euro-Zone Retail Sales to Expand for First Time Since July. - Will Signs of a Stronger Recovery Encourage the ECB to Adopt an Improved Outlook? Trading the News: Euro-Zone Retail Sales A rebound in Euro-Zone Retail Sales may generate a near-term rebound in EUR/USD as signs of a stronger recovery raises the European Central Bank’s (ECB) scope to retain its current policy throughout 2016. What’s Expected ...
Pagodas in Bagan by Nattapon Sritrairat
Daily price is located near SMA with period 100 (100-SMA) and below SMA with the period 200 (200-SMA) ranging with waiting for direction for the possible breakout or breakdown. The key support/resistance reversal levels are the following: 2103.93 key resistance level located above 100-SMA/200-SMA in the bullish area of the daily chart, and1988.96 key support level located below 100-SMA/200-SMA in the beginning of the bearish area. RSI indicator is estimating the bearish ...