EUR/USD higher as shorts squeezed on Draghi
Apr 15, 2015 13:38 pm UTC| Technicals
Source: Thomson Reuters Below forecast US capacity utilization IP weigh on USD, EUR/USD further boosted Pair near 1.0650 as Draghi notes exchange rate not a policy target, not lowering depo rate further also...
EUR/GBP continues to extend south, back below 50% fibo
Apr 15, 2015 13:11 pm UTC| Technicals
Source: Thomson Reuters EUR/GBP continues to extend south, retraces 0.7015/0.7385, lows of 0.7167 Pair back under the 50% retrace at 0.7199 after the fail to close below yesterday Sustained move under builds bear...
EUR/GBP breaks year low, decline till 0.7000 cannot be ruled out
Apr 15, 2015 12:26 pm UTC| Technicals
RES 4: 0.7305 (61.8% retracement of 0.7379 and 0.71806) RES 3: 0.7270 (200 day HMA) RES 2: 0.7235 (Apr 14th High) RES 1: 0.7200 (20 day HMA) PRICE: 0.7170 @12:19 GMT SUP 1: 0.7150 (61.8%...
USD/MXN opens NorAm near overnight high
Apr 15, 2015 12:24 pm UTC| Technicals
Source: Thomson Reuters USD/MXN opens NorAm near overnight high, offered at upper 21-h Bolli by 15.35 Rising oil holds little sway, intra-LatAm hedges unwind Sparse Mex data over next week leaves MXN at mercy of...
EUR/USD recovers from 1.05295, market awaits ECB press conference
Apr 15, 2015 12:17 pm UTC| Technicals
RES 4: 1.0886 (Apr 8th high) RES 3: 1.0756 (200 day HMA) RES 2: 1.0706 (14th Apr high) RES 1: 1.0632 (20 day 4HMA) PRICE: 1.05848 @ 11:52 GMT SUP 1: 1.0550 (Mar 17th low) SUP 2: 1.04610 (Mar 13th low) ...
AUD/USD off 0.7572 intraday lows but recoveries look limited and spot remains heavy
Apr 15, 2015 11:13 am UTC| Technicals
Long is not systematic and the stop sits below the 2015 low at 0.7534 Consider reversing to short on a break there Further scope to 0.7204 based on 76.4% Fibonacci...
GBP/USD supported ahead of the 100 HMA at 1.4691
Apr 15, 2015 09:29 am UTC| Technicals
Support at 1.4650 and resistance falls at 1.4860 Another failure ahead of the 200 HMA sees an early profit take Underlying trend stays with a weakening GBP, ultimately to...