Mar 19, 2015 10:55 am UTC| Technicals
Spot obtained support ahead of the Ichimoku cloud on Wed Inability to close below 1.2535 - 23.6% retrace of 1.1565 to 1.2835 up-leg Traders are looking to go long at 1.2590 in expectation for gains to...
NZD/USD sees major resistance at 0.7500
Mar 19, 2015 10:42 am UTC| Technicals
Pair rose to 0.7547 overnight, retracement to 0.7387 in Europe Buying interest is fading, ample resistance in 0.75s to limit upside gains 0.7508 55 DMA, 0.7534 cloud top (also broken 50% fibo) , 0.7547 Wed...
EUR/GBP - Slow stochastic generates sell signal
Mar 19, 2015 09:20 am UTC| Technicals
Sell signal shown by negative cross on slow stochs by OB levels Offer seen at 0.7280, ahead of overnight 0.7289 high Once the pullbacks breaks below yesterdays 0.7171 low, look for downward move...
EUR/CHF shorts still active, 1.0518 next
Mar 19, 2015 09:14 am UTC| Technicals
Short trade endured the climb to 1.0700 in early Europe Now moving towards the 1.0518 low from Mar 13 Once prices close below this level, lower the stop to start booking profits Target at 1.0420 is by the...
EUR/USD sees support at 1.0600 levels
Mar 19, 2015 08:54 am UTC| Technicals
Intraday supports yield, pair targets 1.0600 handle 1.06 is 100 HMA, 76.4%fibo (1.0457/1.1062) and top of hourly cloud A break below could push it to 1.0457 12 year low from last week Current low at...
EUR/CHF falls as SNB keeps rates on hold
Mar 19, 2015 08:47 am UTC| Technicals
SNB leaves target rate for libor unchanged at -0.25% CHF still overvalued, should continue easing Pair falls to 1.0555 last from 1.0625 into the release Pair sees support at 1.0518, ...
GBP/USD retracement targets 1.4758 fibo next
Mar 19, 2015 08:40 am UTC| Technicals
Cable retraced 61.8%+ of the rally to 1.5155 from 1.4635 yesterday Possibility seen to the 76.4% fibo at 1.4758 100 HMA lends support ahead at 1.4789 As underlying trend stays with the bears, look to...