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AUD/USD locks profit on short trade

Mar 09, 2015 09:11 am UTC| Technicals

New trend lows at 0.7684 but prices rebound intraday There is a cluster of good resistance points in the upper 0.7700s 21 DMA at 0.7790, 10 DMA at 0.7795 and the tenkan-sen line at 0.7799 Short in play...

GBP/USD eyes offers at 1.51

Mar 09, 2015 08:59 am UTC| Technicals

1.5090 = high water-mark since cable fell to 5week low of 1.5025 early Asia Climb to 1.5090influencedby some profit-taking on long USDpositions Pre-weekend low 1.5032, after USDlifted byNFP Cable...

USD/IDR moves slightly lower

Mar 09, 2015 08:57 am UTC| Technicals

USD/IDR remains firm around 13050, outflows strengthen Profit taking in NDFs, state banks at 13070 hold back gains for now Local demand should check selling pressure towards 13000 10year benchmark bond...

USD/JPY sees firm bias on the upside

Mar 09, 2015 08:56 am UTC| Technicals

Scope for gains towards 121.86 - 2014 peak Traders are long at 119.65 for the 121.80 level Trailing stop raised to 120.30 to sustain profit Tenkan kijun lines are aligned positively, shows upside...

USD/MYR under pressure by profit-taking

Mar 09, 2015 08:53 am UTC| Technicals

USD/MYR off highs at 3.6900, profit taking cited Increased selling in NDFs above 3.70, agents and overbought techs weigh Expect fresh buying above 3.6708, Bollinger band top USD/MYR last 3.6775-95, ...

USD/CHF accelerates further

Mar 09, 2015 08:51 am UTC| Technicals

Price accelerates further making fresh highs again today, last at 0.9874 Little resistance till prior lows by the 1.0080 long target Stops raised to under Fridays 0.9723 low to keep good profit on the...

GBP/USD expects full retrace to 1.4952

Mar 09, 2015 06:53 am UTC| Technicals

Pair closed Friday under the 76.4% of 1.4952 - 1.5554 at 1.5094 Cable seeks full retracement to the 1.4952 low from Jan 23 Beyond targets the 1.4814 low from Jul 2013 New lows in Asia at 1.5025, prices ...

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