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EUR/JPY remain short despite challenges

Feb 23, 2015 08:37 am UTC| Technicals

Long tail on Fris candlestick line an obstacle for bears Failure to perform a daily close sub 134.20 - 38.2% 130.16-136.70 weighs 133.43 - 50% 130.16-136.70 Market needs daily close 134.20 to fade the...

EUR/GBP shorts target long-term fibo at 0.7256

Feb 23, 2015 06:53 am UTC| Technicals

Crosss bounce was short lived on Friday Prices have eased back below 0.7400 7 year lows at 0.7340 from Friday ready to return under pressure Continue to target the long-term 61.8% fibo by 0.7256 (of...

USD/SGD stable

Feb 23, 2015 06:49 am UTC| Technicals

USD/SGD remains firm above 1.3600, extended deflation strengthens further Jan inflation -0.4%y/y vs expected -0.3% and -0.2% previous Data sees chance of further easing by MAS in April USD/SGD last...

GBP/USD short in play

Feb 23, 2015 06:46 am UTC| Technicals

Pair moving lower in favor of the 1.5400 short trade Requires to beat tenkan line which support the market last week (Wed/Fri) Last weeks rally halted at 1.5480, just 1 pip ahead the 1.5481 fibo 23.6% of...

USD/JPY inactive, Nikkei closes up again

Feb 23, 2015 06:24 am UTC| Technicals

Nikkei closes at a new 15-year high of 18,466.92, +134.62 pts, +0.73%. Morning session saw intra-day high of 18,509.08, best since May 00. USD/JPY remains between 118.95-119.00, early high 119.27, low...

EUR/USD keeps bias with short on charts

Feb 23, 2015 06:21 am UTC| Technicals

Pair sees limited bounce and cuts prices around the 200 HMA at 1.1377 intraday EUR/USD bias remains with the bears and the short trade on the charts On Friday, the pair made up to 1.1278 lows ahead of the...

AUD/USD maintains 20 pip range in modest start

Feb 23, 2015 04:56 am UTC| Technicals

Dull Asian session for pair so far AUD/USD holds a modest 20 pip range AUD/USD contained once more on topside by selling interests around 0.7850 Market on hold ahead of Yellens Humphrey Hawkins...

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