USD/CAD up slightly regardless of China RRR & oil
Apr 20, 2015 10:15 am UTC| Technicals
Daily cloud base 100-DMA 1.2220 weigh on USD/CAD recovery China RRR cut initially boosted CAD but impact was limited Higher oil a barrier to CAD decline, Especially with specs short CAD Breaks April 17 high...
GBP/USD stops run out under Friday's 1.4917 low
Apr 20, 2015 09:44 am UTC| Technicals
Bids eyed around 1.4900. Stronger demand seen at 1.4850-70 100-DMA 1.4866 influence dip buyers EUR/GBP close back below daily cloud base (0.7198) would be bearish Given health UK housing plus Greece...
AUD/USD is struggling to hold above 0.7800, decline till 0.7650 is possible
Apr 20, 2015 09:20 am UTC| Technicals
RES 4: 0.78025 (28th Jan high) RES 3: 0.7938 (24th Mar high) RES 2: 0.7880 (26th Mar high) RES 1: 0.7840 PRICE: 0.7787 @ 9:11 GMT SUP 1: 0.7775 SUP 2: 0.773 (38.2% retracement of 0.75540...
USD/JPY looking to get short at the 119.50 level
Apr 20, 2015 07:24 am UTC| Technicals
Scope growing for losses to 118.07 - 23.6% of 105.20 to 122.04 up-leg Market has dropped and is currently trading below 118.95 cloud base Bears need a daily close below 118.95 to confirm the...
GBP/USD rejects 1.50 levels again, politics surely weigh
Apr 20, 2015 07:19 am UTC| Technicals
House prices hit record high, rising equity to boost consumers Retail sales data due on Thursday and BOE minutes Wednesday Support at Fridays 1.4917 low 55-DMA at 1.5065 pivotal ...
GBP/USD needs a gain past 1.5053 to keep the Bull Run alive
Apr 20, 2015 06:42 am UTC| Technicals
1.5053 stalled Friday ahead of key resistance 1.5061 (50% of 1.5554/1.4567). 55 DMA 1.5065. Cloud base at 1.5082 reassess should a negative cross emerge on the slow...
EUR/USD failed to close above 1.0839, 61.8% Fibonacci level
Apr 20, 2015 06:26 am UTC| Technicals
The kijun-sen is close to coming under threat (1.0760) Day trend indicators still show scope to run Need to gain beyond Fridays 1.0849 top to keep the correction...