USD/JPY 161.8% Fibo targets by 125, USD broadly bid
May 28, 2015 12:13 pm UTC| Technicals
USD broadly bid as even minor Fed tightening a sharp contrast to other CBs 161.8% Fibo targets by 125 huge RKO defense at same; stops above Japan weekly investment flows into foreign (i.e. US) bonds up Y911b Long end...
EUR/GBP recovers after making a low of 0.7050, good to buy at declines
May 28, 2015 11:13 am UTC| Technicals
RES 4: 0.7282 (May 18th high) RES 3: 0.7232 (May 19th high) RES2:0.72012 (61.8% retracement of 0.7285 and 0.7639) RES3 : 0.7168 (200 day HMA) PRICE: 0.7147 @11:04 GMT SUP1 : 0.7130 (200 day HMA) ...
AUD/USD breaks major support 0.7680, decline till 0.7550 is possible
May 28, 2015 10:52 am UTC| Technicals
RES 4: 0.7782 (cloud top) RES 3: 0.7734 (55 day H EMA) RES 2: 0.7703 (20 day HMA) RES 1: 0.7683 (7 day HMA) PRICE: 0.76596 @ 10:40 GMT SUP 3: 0.7680 (Apr 21st low) Sup 4: 0.7650 SUP...
USD/KRW supported in volatile session
May 28, 2015 06:48 am UTC| Technicals
Pair settling with an 1108 handle in a volatile session Firm USD/KRW open (1110) quickly unwound by month end exporter sales Pair hit 1105.8 then reversed on AUD and JPY weakness AUD hammered on...
GBP/USD 1.5385 eyed pre-UK Q1 GDP
May 28, 2015 06:45 am UTC| Technicals
Pair threatens 1.5385 after pushing recovery from 1.5301 1.5385is 61.8% Fibonacci retracement of Wednesdays fall from 1.5437 to 1.5301 2nd ONS estimate of UKQ1 GDP 0830GMT. Upward revision to +0.4%...
GBP/USD breaks major support 1.5350, decline till 1.5305 is possible
May 28, 2015 06:13 am UTC| Technicals
RES4: 1.5525 (200 day HMA) RES3:1.5487 (38.2% retracement of 1.5698 and 1.5350) RES 2: 1.5430 (Cloud bottom) RES1: 1. 53850 (55 day H EMA) PRICE: 1.5359@ 06:08 GMT SUP1: 1.5350 (May 8th high) SUP2:...
USD/JPY breaks major resistance 124.13, jump till125.60 is possible
May 28, 2015 05:23 am UTC| Technicals
RES 4: 126.84 (2001 High) RES 4:126.20 RES 3 : 125.79 (161.8% retracement of 121.83 and 115.55) RES2: 124.13 (2007 High) PRICE: 123.83 @ 05:20 GMT SUP1: 123.75 (20 day HMA) SUP2: 123.50 (Kijun-Sen) ...