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AUD/USD rally off 2015 low intact but more pullback likely

May 15, 2015 12:43 pm UTC| Technicals

AUD/USD sets new high May 14 but closes down RSI diverges, down again today Rally off 2015 low intact but more pullback likely, day RSI needs to unwind 0.7950/70 (5/13 low, 10-DMA) initial support then 0.7860/0.7910...

EUR/GBP is consolidating phase, good to buy at dips

May 15, 2015 10:53 am UTC| Technicals

RES4: 0.7420 RES 3: 0.7380 (Apr 3rd High) RES 2: 0.7270 (200 day HMA) RES 1: 0.7240 (200 day H EMA) PRICE: 0.72215 @10:51 GMT SUP1: 0.7180 (Cloud bottom) SUP2: 0.7165 (61.8% retracement of...

USD/CHF corrective action under way from yesterday's 0.9079 lows

May 15, 2015 10:01 am UTC| Technicals

Switzerland producer import prices fall 5.2% y/y in April Underlying bias stays with bears under 0.9500, 200 DMA is at 0.9512 Resistance is seen at 0.9239, 10...

NZD/USD eyes 0.7441, 50% Fibonacci retracement after corporate demand around 0.7450

May 15, 2015 09:23 am UTC| Technicals

NZDhurt by Fonterra revising down supply estimate AUD CADunder pressure too, AUD/USDwithin strike of 0.80 RBNZ OCR cuts seen in ...

AUD/USD retreats from higher level, good to buy at declines

May 15, 2015 06:55 am UTC| Technicals

RES 4 :0.83750 (Dec 11th high) RES 3: 0.8294 (Jan 15th high) RES 2: 0.8225 (161.8% retracement of 0.8162 and 0.8062) RES 1: 0.8165 PRICE: 0.8055 @ 11:04 GMT SUP 1: 0.8015 (23.6% retracement of...

USD/JPY decent resistance weighs up to cloud top

May 15, 2015 06:53 am UTC| Technicals

Layers of offers all the way up to 120.00, Pivot weighs at 119.59 Buy stops noted above 119.80, 120.00 120.15 2yr UST/JGB spread 60-day log correlation +0.51 with...

EUR/USD steady for most of Asian trading between 1.1393-1.1418

May 15, 2015 06:42 am UTC| Technicals

Consolidation close to correction highs (1.1445) implies more gains Initial support 1.1340 low yesterday, some stops eyed below US/Bund spreads little changed near lows, still underpin EUR/USD...

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