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USD/JPY better bid as Nikkei cuts losses

Feb 17, 2015 03:52 am UTC| Technicals

USD/JPY rebounds with Nikkei cutting losses at the open. USD/JPY low 118.23, high so far 118.55 early, Nikkei now around par on day. Nikkei push back above 18k expected to be bullish USD/JPY. Offers well...

USD/CAD strengthens

Feb 17, 2015 02:56 am UTC| Technicals

5, 10 20 dmas conflict, 20 day Bollingers contract - momentum studies drop Period of consolidation implied, confirmed by sustained 1.2498 20 dma break Tight doji in Asia opened slightly stronger - CLc1...

AUD/JPY opens 15pts lower in early Asia, eyes on RBA

Feb 16, 2015 23:45 pm UTC| Technicals

Neutral momentum studies - 5, 10 20 DMAs conflict 92.57 20 DMA pivotal resistance Yesterdays 91.68 low 92.25 5 DMA are initial...

GBP/USD tends below 1.5377 pivot, bias lies with bulls

Feb 16, 2015 13:15 pm UTC| Technicals

76.4% fibo of the Jan 1.5588/1.4952 decline weighed at 1.5438 Pullbacks can be used as opportunity to get long. Support is at 1.5370 Target 1.5481 (23.6% fibo) then 1.5531 (cloud...

Lower daily highs weigh on USD/CAD

Feb 16, 2015 12:57 pm UTC| Technicals

21DMA (1.2455) is the pivot level, sees potential to close below A return to the kijun line at 1.2302 likely Bid placed at 1.2355, by the low from Feb 3 Bounce targets the 1.2697 high from Feb 11 and...

AUD/USD sees new recovery high at 0.7795

Feb 16, 2015 12:48 pm UTC| Technicals

Day charts favor move towards 21 DMA at 0.7867, pullbacks are thin. The short stop is ahead of at 0.7845, tenkan-sen lends support at...

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Economy

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