EUR/USD may see a small bounce
Mar 04, 2015 09:12 am UTC| Technicals
German services PMI disappoints at 54.7 vs 55.5 forecast Corporate demand expected to appear ahead 1.1100 Speculators may take some profits on EUR shorts Rallies likely to be weak but better levels...
USD/JPY capped by orders/huge expiries
Mar 04, 2015 09:06 am UTC| Technicals
119.83/119.50 range set in Asia Semi official nameoffers pushedabove 120.00 Yesterdays high 120.27, Mons peak 120.19 Double top mid Feb 120.48 USD 5bln Option expiries 120.00 for...
GBP/USD may see stops above 1.54
Mar 04, 2015 09:05 am UTC| Technicals
Pair stops tipped above 1.54 (1.5397 = Tuesday high) 1.5418/21 resistance beyond figure. 1.5418 = 10DMA 1.5421 = Mondays post-UKmfg PMI hit high UK service sector PMI...

Mar 04, 2015 08:59 am UTC| Technicals
Traders are long at 133.60 for gains to 135.00 50% retrace of the 130.16 to 136.70 up-leg, 133.43, strengthens in short-term Tenkan kijun lines are aligned positively, upside potential positive A daily...

USD/CAD looks to find value on dips
Mar 04, 2015 08:55 am UTC| Technicals
Pair seeks long at 1.2405 for expectation of an extension through 1.2600 Support has formed between 1.2353/1.2388; Feb 3/26 lows A daily close below 1.2286 - 23.6% 1.0620 to 1.2800...

USD/JPY sees scope for beyond 121.00
Mar 04, 2015 07:51 am UTC| Technicals
Traders remain long at 119.65 for gains to 121.00 beyond Tenkan kijun lines are aligned positively, showing the upside potential Continued trading above the daily cloud is a bullish sign A break daily...

USD/CHF - 21 DMA Bollinger guides spot higher
Mar 04, 2015 07:47 am UTC| Technicals
Upper 21 DMA Bollinger guiding the pace of rise (0.9663 last) Slightly new trend highs set at 0.96315 in early Europe from 0.9625 Tuesday Long after break of key resistance at 0.9545-54 Target is at...