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USD/CAD ready to test 1.28

Mar 11, 2015 11:14 am UTC| Technicals

USD benefits from expectations of mid-year Fed rate hike 1.2711 = 5week high for USD/CAD FOMCmeets next week (Mar 17-18) USD/CAD bull targets include 1.28 (Jan 30 high) 1.30 1.2664 (European am ...

USD/RUB tests 21- and 55-DMA resistance

Mar 11, 2015 11:11 am UTC| Technicals

RUB, Russian equities pressured by lower oil Broad USD strength upsets most EM FX USD/RUB testing resistance 62.70-75 where 21- and 55-DMA meet Next upside barrier at 64.20 Feb 24 high. Slow stochs...

GBP/USD weighed down by disappointing UK data

Mar 11, 2015 11:05 am UTC| Technicals

Cable drops to 1.5037 after weaker than forecast UK JanIPMP data IP -0.1%, MP -0.5%. Both were forecast +0.2% 1.5025/32 (recent treble-day low) is a support window...

AUD/USD hits new 6 year low

Mar 11, 2015 11:04 am UTC| Technicals

Fresh 6 year lows, at 0.7588 last, sees further downside risk Short in play from 0.7680 Resistance Mondays 0.7684 low 0.7645 todays high Next bear objective is 0.7241 - the monthly low from May 2009...

EUR/USD breaks 1.0765, marching towards 1.0504 2003 lows.

Mar 11, 2015 09:25 am UTC| Technicals

RES 4: 1.1015 (200 day HMA) RES 3: 1.08985 RES 2: 1.0802 (Ichimoku cloud top) RES 1: 1.0730 (Kijun-Sen) PRICE:1.06418 9:19 @ GMT SUP 1: 1.0620 (61.8% Projection of 1.25685 to 1.10960 from 1.15327) SUP 2:...

EUR/JPY bias for 128.52 fibo level

Mar 11, 2015 09:10 am UTC| Technicals

Underlying scope for 128.52; once it takes 129.00 128.52 - 38.2% retrace of the 94.12 to 149.49 - 2012 to 2014 gains Long black candlestick line on Tues weighs heavily on the market Tenkan kijun lines...

USD/CHF next resistance at 1.0118

Mar 11, 2015 09:01 am UTC| Technicals

Probed parity again early doors in London Sailed through to test 1.0032 tops New bid is by 38.2% of the rise from Feb 20 low to todays high Intraday corrections due to loosening from overbought...

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