GBP/USD offers expected near 1.55 if rise extends
Feb 18, 2015 17:08 pm UTC| Technicals
Cable longs may take profit near 1.55 if rise extends UK earnings beat has fuelled GBP gains Wednesday Pair was below 1.50 in early Feb. 1.5210 = Feb 12 low (pre-BoE QIR) 1.5481 = 23.6% of 1.7192-1.4952 (Jan low)....
EUR/GBP making fresh lows, eyes 2008 lows at 0.7231
Feb 18, 2015 15:23 pm UTC| Technicals
Source: Thomson Reuters EUR/GBP makes fresh 7 year lows at 0.73625 on downside pressures The 2008 lows at 0.7321 are eyed as next support, 100 HMA at 0.7406 is resistance Scope to long-term fibo at 0.7256 (61.8% of...
GBP/USD trades 1.5417-1.5440 range pre-FOMC minutes
Feb 18, 2015 15:03 pm UTC| Technicals
GBP/USD trades 1.5417-1.5440 range since 7am ET, pair marking time pre-FOMC minutes Cables rise to 1.5441 spurred by UK earnings beat, 1.5441 = London am high Pre-UK earnings data high was 1.5377 (1.5343 was early Europe...
USD/JPY trades a 118.80-119.50 range after soft PPI data
Feb 18, 2015 14:13 pm UTC| Technicals
Source: Thomson Reuters US PPI Housing Starts/Permits underwhelm, no help to USD/JPY 119.45-50 offers intact, Tenkan broken down TrendLine support at 118.81-82 attracting bids Stops above 119.50 if risk-on flows...
EUR/USD failed to clear the 100HMA at 1.1395
Feb 18, 2015 14:04 pm UTC| Technicals
Source: Thomson Reuters EUR/USD failed to clear the 100HMA at 1.1395, remains soft for 1.1270 return Pair trapped between short-term averages, picture remains one of tight sideways action Offers to 1.1450 Tues high,...
AUD/USD down on the day, threatens 10 DMA
Feb 18, 2015 13:44 pm UTC| Technicals
Source: Thomson Reuters 21-DMA offers ~0.7830/40 cap AUD/USDs overnight rally Pair now down on day, eyes 10-DMA 0.7770/80 bids Lofty US yields keep spreads near recent tights, aids push lower Daily RSI rolls...
USD/MXN drifts higher, weak oil, higher US rate outlook support
Feb 18, 2015 13:20 pm UTC| Technicals
Source: Thomson Reuters USD/MXN rising, supported by weak oil and higher US rate outlook Pair trades between 10-DMA upper 21-d Bolli Long tails rising MAs hints further rise Resistance at 14.9855 minor Fib, 15.00...
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