USD/JPY eyes stops sub 119 & 118.94 Cloud base, Treasury yield drop key
Apr 14, 2015 15:43 pm UTC| Technicals
Treasury yield slide since Retail Sales miss brings relentless USD/JPY sales Pair eyes stops sub 119 118.94 Cloud base, last Cloud base breach was in August of last year Some stops said below 119, but bigger tech prize...
EUR/USD add to gains, breaks Apr 10 high
Apr 14, 2015 14:06 pm UTC| Technicals
Source: Thomson Reuters EUR/USD short squeeze grows in stature post-sale data miss Pair add to gains, breaks Apr 10 high, now eyes 1.0765/98 (10-DMA, 4/9 high, 21-DMA) Day RSI biased up yield spreads narrow, more...
Cable threatens 10DMA at 1.4790 after more shorts squeezed
Apr 14, 2015 13:51 pm UTC| Technicals
GBP/USD eyes 10DMA after more shorts squeezed Pair threatens 1.4790 after 1.4740 break spurs further short-covering 1.4740 was Apr 1 low. 1.4790 = 10DMA. 1.48 resistance beyond Demand ahead of 1.48 based cable losses...
USD/JPY breaks 119.50 bids, Cloud base at 118.95 key support
Apr 14, 2015 12:58 pm UTC| Technicals
Source: Thomson Reuters USD/JPY cracks 119.50 bids on mediocre US retail sales data Only small HeadLine misses for Retail Sales, but control group is bad for GDP USD/JPY broke 61.8% TrendLine at 119.53/49, Treasury...
GBP/USD is trading weak after release of UK CPI, decline till 1.4300 is possible
Apr 14, 2015 12:31 pm UTC| Technicals
RES 4: 1.4800 (200 day HMA) RES 3:1.4770 (50% retracement of 1.4980 and 1.4564) RES 2: 1.4700 RES 1: 1.4662 (20 day HMA) PRICE: 1.4670@ 12:20 GMT SUP 1: 1.45650 SUP 2: ...
USD/BRL slips on Brazil retail sales miss, US data in focus
Apr 14, 2015 12:28 pm UTC| Technicals
Source: Thomson Reuters USD/BRL egdes lower from NorAm open after Brazil retail sales miss forecast Economy weakness no surprise as BCB polls forecast -1.01% GDP growth in 15 USD/BRL daily pivot resistance at...
EUR/GBP is facing resistance around 55 day HMA, decline till 0.7085 cannot be ruled out.
Apr 14, 2015 11:47 am UTC| Technicals
RES 4: 0.7305 (61.8% retracement of 0.7379 and 0.71806) RES 3: 0.7285 (200 day HMA) RES 2: 0.7246 (Ichimoku cloud) RES 1: 0.7225 (55 day H EMA) PRICE: 0.72091 @11:44 GMT SUP 1: 0.7200 SUP 2: 0.7150 (61.8%...
U.S. payrolls exceeded expectations significantly, while the unemployment rate dropps to 4.1%.