USD/JPY 1-month volumes at pre QQE2 lows
Feb 25, 2015 13:39 pm UTC| Technicals
Source: Thomson Reuters USD/JPY overnight low at 118.62 just above converged Kijun 21-DMA at 118.57 Rebound since probes falling Tenkan exporter/mo-end offers by 119 Cloud bottom, Feb 16 lo, 61.8%...
USD/BRL rises on weak Brazilian confidence
Feb 25, 2015 13:28 pm UTC| Technicals
Source: Thomson Reuters USD/BRL rises in early NY trade on weak Brazil Feb consumer confidence Chronic inflation/weak BRL likely speeds up pace of hikes USD/BRL support at 2.82 23.6% Fib of 2.5489-2.9037 range,...
GBP/USD eyes support at 1.5480 after half-cent retreat
Feb 25, 2015 13:15 pm UTC| Technicals
Cable eyes support at 1.54809 (former resistance level) after retreating from 1.5538 1.5538 = London am 8wk high. 1.5448-1.5479 = Asia range Early European trade saw stops tripped above...
GBP/USD pulled down by Middle Eastern account selling
Feb 25, 2015 10:41 am UTC| Technicals
Selling from Middle Eastern accountsinfluences35 pipretreat from 1.5538 Sub-1.55 bids likely to be near 1.5480 (last weeks high) Stops above 1.5480 1.55 were tripped in early European...
AUD/USD shorts squeezed, focuses on Australian property
Feb 25, 2015 10:27 am UTC| Technicals
Real money selling of AUD/USD near 0.79 after squeeze on shorts Lots of funds stopped out of shortsfollowing Asia break through 0.7850 Interest rate futures implyaround 40%chance of RBArate cut next...
USD/CAD bias remains on upside
Feb 25, 2015 10:20 am UTC| Technicals
Traders are long at 1.2518 for 1.2650 while their stop is 1.2415 Tenkan kijun lines are aligned positively, reinforcing upside potential Medium-term picture is bullish as 1.2286 intact 1.2286 - 23.6%...
EUR/GBP bias stays on the downside
Feb 25, 2015 10:00 am UTC| Technicals
10 30-dmas are aligned negatively, reinforcing the overall bearish bias Market hits new multi-year lows Crosss scope is on 0.7256 - 61.8% of the 0.5681-0.9805 2000 to 2008 up-leg Traders remain short at...
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