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EUR/GBP offer lowered, weighed by 10 DMA

Mar 06, 2015 09:45 am UTC| Technicals

Crosss bear trend may see possible run Overall scope to 0.6654 fibo retrace 0.6654 = 76.4% of 0.5681 - 0.9805 New 7+ year lows hit at 0.7220 Thursday The 10 DMA limits market, last at...

USD/CHF moves to fresh tops

Mar 06, 2015 09:31 am UTC| Technicals

Close above 21 DMA upper Bollinger Thurs Testing band top again today Scope for a move through but thin resistance until the 1.0080 long target Big figures provide resistance levels The 10 DMA lends...

EUR/USD limits corrections, lower lows ahead

Mar 06, 2015 09:27 am UTC| Technicals

Recoveries for pair are limited Lower stop on short to above 1.1115 high 1.0762 monthly low from Sept 2003 next downside target. 1.0988 Thurs base Long-term fibo (76.4% of 0.8228 - 1.6040) at 1.0072...

GBP/USD - 1.5270 offers subdued, focuses on US jobs data

Mar 06, 2015 09:21 am UTC| Technicals

Cable offers pushedat 1.5270 (Thursday high). 1.5293 resistance beyond 1.5293 = 55DMA (stops below 55DMA were tripped on Wednesday) Thursdays low was 1.5215, as EUR/USD losses seen USjobs data 1330GMT. ...

EUR/NOK closes in on the 200-Day MA

Mar 06, 2015 06:54 am UTC| Technicals

A range break to 8.5102 but sees obstacles ahead, 200DMA/30D lower Bollinger Maintains a short from 8.5990, stop at 8.5950, and target 8.4725 Stochs have downside room but price halts Minor intraday...

USD/MYR uptrend intact on exports

Mar 06, 2015 06:46 am UTC| Technicals

USD/MYR rebounds from 3.6470 low, supported by weak exports USD/MYR uptrend intact towards 3.70 target 1MDB wind-up weakens investors confidence further, outflows USD/MYR last 3.6500-20, NDFs ...

USD/ZAR better bid into Thursday’s close

Mar 06, 2015 06:41 am UTC| Technicals

Pair is better bid into the Thursday close and 11.8050 short stopped for flat Look to buy into any adjustments to the 11.73 Thursdays low for 11.89 Consider a reverse play below 11.70 Daily Stochs are...

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