Jaitley sees no need for so many state-run banks in India

Indian finance minister speaking in New Delhi 31 Aug govt open to putting more money in bank recapitalization India in active stage of bank consolidation sees significant increase in state govt revenue in next 2 years demonetization and GST to have significant revenue impact                             Jaitley — no need for so many state-run

EUR/USD : L’Euro Dollar reste sous pression baissière mais doit encore casser sa zone support avant de poursuivre sa chute

La paire EUR/USD a poursuivi sa baisse aujourd’hui, arrivant sur la zone de support des 1.1890/1.1910. Après le pic d’hier matin à 1.2069, EUR/USD a entamé une correction durant la suite de la séance, pour revenir sur le support des 1.1950, au-dessus duquel elle a évolué durant la séance asiatique. Aujourd’hui, les pressions baissières se […]

USD/CHF testing major resistance, prepare to sell

The price rose strongly yesterday. We now prepare to sell below 0.9643 resistance (Multiple Fibonacci retracements, Fibonacci extension) for a drop to at least 0.9561 support (Fibonacci retracement, horizontal pullback support). Stochastic (34,5,3) is seeing major resistance below 97% where we expect a strong reaction from. Sell below 0.9643. Stop loss is at 0.9668. Take […]

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