AUD/USD hits new 6 year low

Mar 11, 2015 11:04 am UTC| Technicals

Fresh 6 year lows, at 0.7588 last, sees further downside risk Short in play from 0.7680 Resistance Mondays 0.7684 low 0.7645 todays high Next bear objective is 0.7241 - the monthly low from May 2009...

EUR/USD breaks 1.0765, marching towards 1.0504 2003 lows.

Mar 11, 2015 09:25 am UTC| Technicals

RES 4: 1.1015 (200 day HMA) RES 3: 1.08985 RES 2: 1.0802 (Ichimoku cloud top) RES 1: 1.0730 (Kijun-Sen) PRICE:1.06418 9:19 @ GMT SUP 1: 1.0620 (61.8% Projection of 1.25685 to 1.10960 from 1.15327) SUP 2:...

EUR/JPY bias for 128.52 fibo level

Mar 11, 2015 09:10 am UTC| Technicals

Underlying scope for 128.52; once it takes 129.00 128.52 - 38.2% retrace of the 94.12 to 149.49 - 2012 to 2014 gains Long black candlestick line on Tues weighs heavily on the market Tenkan kijun lines...

USD/CHF next resistance at 1.0118

Mar 11, 2015 09:01 am UTC| Technicals

Probed parity again early doors in London Sailed through to test 1.0032 tops New bid is by 38.2% of the rise from Feb 20 low to todays high Intraday corrections due to loosening from overbought...

GBP/USD sees touted offers at 1.51

Mar 11, 2015 08:40 am UTC| Technicals

Fresh cable offers at 1.51 (1.5101 =treble hourly high Tuesday) US name motivateselling at 1.51 earlier this week, 1.53 stop, 1.47 target 1.5270 was Mar 5 high (day before upbeat NFP). 1.4952 = 18month low...

EUR/USD shorts likely to pivot on 100-HMA

Mar 11, 2015 08:39 am UTC| Technicals

EUR/USD sell-off seen ahead of short-term technical Influential 100-HMA at 1.0866 200-HMA 1.1016 Range of 1.0820-50 may pivot for many euro shorts Mar 6/9 lows 1.0839/22. Mar 10 peak 1.0855 100-HMA...

USD/JPY remains bid

Mar 11, 2015 08:37 am UTC| Technicals

Pairs technical outlook remains on upside Short-term bulls require resumption of trading above 121.37 pivot point Japanese names bought EUR/JPY in Asia, pushing spot above 121.00 5year UST/JGB spread...