USD/CAD floats below 2015 high
Mar 18, 2015 09:24 am UTC| Technicals
Traders went long at 1.2788 as the market continues to strengthen below 1.2824 Fresh 2015 high at 1.2824 posted last week Tenkan kijun lines are aligned positively, suggest bullish...
EUR/USD downtrend may resume on rate divergence
Mar 18, 2015 08:44 am UTC| Technicals
2 year US/Bund spread inching back out ahead of the FOMC Currently at 89.5bp. Trend wide was 92.7bp. Hit 85-86bp earlier this week Forex traders look distracted by major moves at the longer-end ACBs said...
USD/CHF could rise to 1.0220-40
Mar 18, 2015 08:33 am UTC| Technicals
Studies easing from overbought levels. 1.0128 high from Mar 12 still holds Pair sees scope for a rise to 1.0220-40 levels (pre Jan 15 breakdown low and 2015 high) Long stop at 1.0005 is risk free....
EUR/GBP likely to test 0.7220 levels
Mar 18, 2015 08:24 am UTC| Technicals
Pairmet headwindpre-0.7220 after squeezing of more shorts Tuesday 0.7220 is Mar 6 low/Mar 9 high 1.3850 in GBP/EUR Pair might break above 0.7220 if MPCminutes dovish. 9-0 rate vote forecast Resistance ...
GBP/USD could be pushed to 1.48 level if UK earnings beat
Mar 18, 2015 08:10 am UTC| Technicals
Tuesday low at 1.4724. Last Fridays 57month low at 1.4699 Stronger results for UK earnings jobs data could boost cable towards 1.48 Resistance at 1.4779 (Asiahigh) pre-release.Bids tipped at 1.4725 ...
EUR/USD stops lowered to 1.0700
Mar 18, 2015 07:50 am UTC| Technicals
1.0335 is Jan 2003 low. Short targets 1.0410, stops lowered to 1.0700 Basic trend targets the l-t fibo (76.4% of 0.8228 - 1.6040) at 1.0072 Pair weighed by downticking 10 DMA at 1.0687 and further losses...
Mar 18, 2015 06:49 am UTC| Technicals
Pair continues trading in tight range trades amid 32.90-32.92 Pair likely to squeeze above 33.00, but awaits FOMC, speculators sidelined Thai state planning chief forecasts economic growth 3% in Q1, 3.5-4.0% for...