GBP/USD bounces to 1.5480 support after 8week high
Feb 25, 2015 08:39 am UTC| Technicals
1.5513 = 8week cablehigh after stops above 1.5480 1.55 tripped early Europe 1.5480 = Feb 18 high. 1.5479 = Asia high 1.5475 = Monday Tuesday high 1.60 among bull targets beyond 1.5588/1.5621 (Jan...
EUR/NOK sees sideways chop with upside risk
Feb 25, 2015 08:22 am UTC| Technicals
EUR/NOK stronger and above 8.6520 sees risk to 8.69, 21/100 DMAs resp. NOK/SEK was a good buy at levels just below 1.10 Tuesday Q1 consumer-confidence falls to 7.4 vs a revised 13.6 (15.4) in...
AUD/USD encounters mixed outlook
Feb 25, 2015 08:19 am UTC| Technicals
Market moves away from the 10-dma Requires a daily close above the 30-dma at 0.7881 to lift bias higher 10 30-dmas are aligned negatively Overall bias is still on the downside Positive daily...
EUR/USD expects more short-covering
Feb 25, 2015 08:15 am UTC| Technicals
Leveraged accounts for EUR/USD push to 1.1389 high Extended loosening of shorts and lower option volumes extensively eyed Todays high close to center of supposed key pivots 1.1270-1.1534 Significant...
GBP/USD breaks heavy resistance
Feb 25, 2015 08:13 am UTC| Technicals
Solid resistance capping bulls at 1.5481 broke 1.5481 - 23.6% retrace of the 1.7192 to 1.4952 Jul to Jan fall Ichimoku Cloud top at 1.5490 has also been taken out Daily close above 1.5481/1.5490 will...
USD/JPY continues to trade above cloud bullish
Feb 25, 2015 08:11 am UTC| Technicals
Steep intra-day fall on Tuesday allowed getting long overnight Pair continues trading above Ichimoku cloud indicating upside potential Daily close above tenkan line at the 118.98 level required Tenkan ...
Nikkei reverses gains seen earlier, weighs on USD/JPY
Feb 25, 2015 06:14 am UTC| Technicals
Nikkei close 18,585.20, -18.28 pts, fresh 18,648.77 trend high earlier. 18,552.81 low of session into the close. USD/JPY weighed by late Nikkei weakness again, back towards 118.62 low earlier. USD/JPY...
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