EUR/USD looks set to test recent lows

Feb 18, 2015 09:15 am UTC| Technicals

Pair sees steady price action as Greece will submit extension request Greek 10-year yields extend fall on extension talk EUR/USDwanders further sideways between 1.1270 and 1.1450 Traders see scope for ...

EUR/CHF bid filled, fresh recovery highs again

Feb 18, 2015 09:08 am UTC| Technicals

Pairs bid filled at 1.0655 on the pullback to 1.0633 lows in Asia Gains have cleared initial post-floor-break bounce high at 1.0651 61.8% of the Jan 15 collapse session at 1.0669. 1.0694 highs...

USD/ZAR sees profit booked on 11.6350 long

Feb 18, 2015 09:03 am UTC| Technicals

Pairs bounce from daily cloud/50DMA makes way to 11.7425, 11.72 objective met Look to get long again on a dip to the Tues 11.6875 high for 11.89 Dailies do not fully confirm latest bull run but Stochs...

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%...