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GBP/USD target 38.2% retrace at 1.5342 next

Mar 04, 2015 07:44 am UTC| Technicals

Pair continues to target 1.5324 fibo retrace (38.2% of 1.4952 - 1.5554) Scope to 61.8% retrace at 1.5182 below Close inside Ichimoku cloud Monday improved confidence in bears Prices have moved below the ...

EUR/USD offer lowered, looks at 1.1100

Mar 04, 2015 07:37 am UTC| Technicals

Rallies capped and prices return towards 1.1155 Tues low 11 year low at 1.1098 is near and bounce to this region is favored Bearish sentiment while below the 10/21 DMA s at 1.1271 and 1.1323 Offer at...

USD/MYR pushed through 3.6400

Mar 04, 2015 07:34 am UTC| Technicals

USD/MYR moved above 3.6400, stop buys tripped Pair pushes to 3.6450 bid last, eyes 3.6500 next Markets stuck short after fix, rally in USD after RBI underpins USD/MYR last 3.6450-70; NDFs ...

USD/JPY eases back as Nikkei closes day -0.59%

Mar 04, 2015 06:16 am UTC| Technicals

Nikkei gaps down at open, drops to 18,586.84 before returning to 18,732.66. Close 18,703.60, still down 111.56 points or 0.59% on day. USD/JPY boosts from 119.49 low earlier to 119.78 before easing...

USD/JPY lifts from rebound in Nikkei

Mar 04, 2015 06:10 am UTC| Technicals

USD/JPY-Nikkei correlation stays on in lack of other factors, flows. Nikkei rebounds from early 18,586.84 low, to 18,732.66 in PM. Index still down but not by much, USD/JPY lifts from 119.49. USD/JPY high...

AUD/NZD bears require progress

Mar 04, 2015 06:09 am UTC| Technicals

Cross is slightly softer in a tight Asian range after yesterdays 1.0400 failure Neutral momentum studies - 5, 10 20 dmas move lower - modest negative Bias is for a 1.0300 test, but progress required to...

EUR/USD moves towards 2015 low

Mar 04, 2015 05:08 am UTC| Technicals

Pair is gently offered for the last few hours on broad based USD demand 5, 10 20 dmas fall - 20 day Bollingers expand - trending setup Initial target is 1.1098 2015 low - NY 1.1154 low first...

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