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USD/CAD mixed outlook

Feb 26, 2015 09:50 am UTC| Technicals

Traders look to get long at 1.2370 Expectation for gains back towards the tenkan line at 1.2511 Solid support between 1.2353/1.2360 Feb 3/17 lows should strengthen Substantial downside risk seen Tenkan ...

AUD/USD looks for offers at 0.79

Feb 26, 2015 09:15 am UTC| Technicals

AUD eyes subdued offers at 0.79 after pushing recovery from 0.7836 0.7902, 0.7903 0.7901 = treble-hourly top Wednesday. 0.7836 = Asia low Interest rate futures imply close to 50-50 chance of RBA rate cut...

NZD/USD sees solid resistance

Feb 26, 2015 09:14 am UTC| Technicals

55 DMA and the 61.8% fibo at 0.7618 are close and may weigh on profit Cloud is thin so offers little resistance but stays bearish Short trades are in play targeting 0.7315 Trend studies are...

EUR/USD traders expect a long wait for NFPs

Feb 26, 2015 09:09 am UTC| Technicals

Euro zone M3 higher, private loans still negative Mixed news and no reaction EUR/USD Few notable option expires today, EUR 440mln at 1.1300 1.1385 200-HMA 1.1367 100-HMA 1.1350 define bulk early EU...

AUD/USD closes in on 0.7900

Feb 26, 2015 08:58 am UTC| Technicals

Pair could retest Weds 0.7903 high as prices boost from 0.7836 Day charts are overbought Failure to sustain gains above broken 0.7882 fibo, also kijun-sen, favors shorts Gap between the market and the...

EUR/GBP weighed by BoE vs ECB outlooks

Feb 26, 2015 08:49 am UTC| Technicals

Contradicting BoEECB monetary policy outlooksweigh on EUR/GBP 0.7305 =new 7year+ low for cross (0.7309 = Asia low; 0.7314 = Weds low) Bids tippedat 0.73 (0.7299 = 1.37 in GBP/EUR). Offers seen at...

EUR/JPY sees marginal upside bias

Feb 26, 2015 08:46 am UTC| Technicals

Short-term risk is on the upside Traders look to get long ahead of 134.58 - Weds low Tenkan kijun lines are aligned positively Long tail on last Fris candlestick line has strengthened the...

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