GBP/USD is struggling to break psychological resistance 1.5000,decline till 1.4630 is expected
Mar 27, 2015 04:44 am UTC| Technicals
RES 4: 1.5165 RES 3: 1.5050 RES 2: 1.4981 (61.8% retracement of 1.5163 and 1.46872) RES 1: 1.4880 (200 day Hourly EMA) PRICE: 1.48542 @ 4:42GMT SUP 1: 1.4850 (200 day HMA) SUP 2: 1.4800 SUP 3:1.4747 (19th...
AUD/USD short positioning unwinds
Mar 27, 2015 04:32 am UTC| Technicals
Only excitement was a quick 0.4% fall in line with a 4% fall in iron ore futures Choppy week but met by fresh selling interests Market still hasnt completely come to terms with Fed removal of fwd...
USD/JPY formed triple bottom around 118,jump till 120 is expected
Mar 27, 2015 04:29 am UTC| Technicals
RES 4: 120.50 RES 3: 120 RES 2: 119.70 RES 1: 119.40 (20 day 4 HMA ) PRICE: 119.28 @ 4:18 GMT SUP 1: 119 SUP 2: 118.69 SUP 3: 118 SUP 4: 116.86 COMMENTARY: USD/JPY has once again recovered after making a...
USD/INR further weighs on the local unit, Sensex closed -2.33% yesterday
Mar 27, 2015 04:10 am UTC| Technicals
Pair like to rally on higher USD, follows higher NDFs Trading range will be 62.25-63.20 NDFs traded 63.15-63.40 range, closed 63.29-63.34 in...
USD/JPY offering interest around 119.50
Mar 27, 2015 03:48 am UTC| Technicals
USD/JPY in correction mode again, range 119.06-42 USD450 mln 45-50 option expirations, good recent two-way action Bidding interest around 119.00, trails down, bulls back in saddle Tech supports at...
AUD/NZD setup has a modest negative bias
Mar 27, 2015 03:34 am UTC| Technicals
3% fall inDalian iron ore as no major economic news to release CLc1 oil trades -2% lower 5, 10 20 dmas edge lower, by next week correction is require to sustain Initial support/resistance NY...
Mar 27, 2015 02:28 am UTC| Technicals
NZD traded in thin 0.7568/0.7608 range in Asia Weaker AUDdue to continuing iron ore purge extended some intraday direction AUD/NZD continued its post Monday pivot around 1.0300, directionless Support seen...