USD/JPY ADP gains quickly reversed
Mar 04, 2015 14:05 pm UTC| Technicals
HFT/algo rise on mediocre ADP results, but gains quickly reversed Tenkan at 119.28; 21-DMA, Cloud Top Kijun at 119.04,118.71/56 Tuess high close to key down TrendLine upper Bolli, implies reversion lower N225 futures...
GBP/USD under pressure after US ADP data, 55-DMA in focus
Mar 04, 2015 13:37 pm UTC| Technicals
GBP/USD under strain after US ADP data from resurgent bid for USDs Decline very slow despite break 21-DMA and into daily cloud Bids into 55-DMA 1.5310 stops below, GBP elevated on crosses, traders long pounds Current...
EUR/PLN surges after NBP's shock rate cut, 30-DMA caps
Mar 04, 2015 13:22 pm UTC| Technicals
EUR/PLN spikes 4.1670-4.1840 following NBPs shock 50bp rate cut 30-DMA at 4.1851 Feb 23 peak 4.1859 caps kneejerk reaction Longer term resistance is at 200-DMA by 4.1935, pullbacks likely to find support into 21-DMA at...
EUR/USD may see a small bounce
Mar 04, 2015 09:12 am UTC| Technicals
German services PMI disappoints at 54.7 vs 55.5 forecast Corporate demand expected to appear ahead 1.1100 Speculators may take some profits on EUR shorts Rallies likely to be weak but better levels...
USD/JPY capped by orders/huge expiries
Mar 04, 2015 09:06 am UTC| Technicals
119.83/119.50 range set in Asia Semi official nameoffers pushedabove 120.00 Yesterdays high 120.27, Mons peak 120.19 Double top mid Feb 120.48 USD 5bln Option expiries 120.00 for...
GBP/USD may see stops above 1.54
Mar 04, 2015 09:05 am UTC| Technicals
Pair stops tipped above 1.54 (1.5397 = Tuesday high) 1.5418/21 resistance beyond figure. 1.5418 = 10DMA 1.5421 = Mondays post-UKmfg PMI hit high UK service sector PMI...
Mar 04, 2015 08:59 am UTC| Technicals
Traders are long at 133.60 for gains to 135.00 50% retrace of the 130.16 to 136.70 up-leg, 133.43, strengthens in short-term Tenkan kijun lines are aligned positively, upside potential positive A daily...