USD/CHF targets 76.4% fibo of Jan 15 collapse

Feb 18, 2015 08:44 am UTC| Technicals

Prices lift further away from the 200 DMA in favor of the long trade The 76.4% fibo at 0.9545 of the Jan 15 collapse session Close by to monthly low from Dec (0.9554) is the next call for bulls Track stop...

USD/ZAR sees mixed CPI data for January

Feb 18, 2015 08:40 am UTC| Technicals

Deceleration in Headline CPI continues for third consecutive month SARB wary given the core came higher at 5.8% USD/ZAR bull reversal extends above 11.70 after cloud rebound 50-DMA held Tuesday action ...

EUR/GBP sees scope to 0.74 if UK earnings are positive

Feb 18, 2015 08:36 am UTC| Technicals

GBP should gain if UK Dec earnings beat 1.7% forecast (UK CPI 0.5% in Dec) 0.74 0.7375 among EUR/GBP bear targets (0.73715 =last weeks7year low) Stops above 0.74 were tripped among squeeze on shorts...

GBP/USD within hit of 1.5350 expiry pre-UK data

Feb 18, 2015 08:30 am UTC| Technicals

1.5350 option expiry assists in anchoring cable pre-UK earnings jobs data 1.5343-61 = Tues range-to-date. 1.5317-69 = post-NY option cut range Weds UKquarterly annualized average earnings forecast +1.7%...

EUR/USD - 100 HMA pressured

Feb 18, 2015 08:27 am UTC| Technicals

Pair moves lower intraday. 100 HMA at 1.1394 is pressured early London Daily slow stochs show signs of rolling again from neutral levels Short trades in play from Tuesday at 1.1425. Target 1.1270 Stops at...

USD/JPY soggy despite strong Nikkei close

Feb 18, 2015 06:20 am UTC| Technicals

USD/JPY soggy despite, back below 119.00, more longs pare positions. Nikkei closes day at 18,199.17, +212.08 points or 1.18% on way. Technical support at 118.82 daily Ichi tenkan line, hourly cloud...

AUD/USD moves higher in late local trading

Feb 18, 2015 05:52 am UTC| Technicals

AUD to fresh intraday high of 0.7832 as 0.7829 overnight top gives way Carry trade demand likely to renew as risk appetite expands Underlines RBAconcerns are potential flowsinto AUD via Abenomics 0.7842...