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EUR/JPY hits new price trend high; short-term overbought risk

May 14, 2015 14:18 pm UTC| Technicals

EUR/JPY 136.42 high is by 136.70 Feb peak 161.8% off April base at 136.66 Purge of Bund buys nearing oversold on weekly RSI, may slow EURs squeeze New price trend high, but RSI bearishly diverges, warns of Short-Term...

USD/ZAR 100DMA gives out at 11.8180

May 14, 2015 13:56 pm UTC| Technicals

Dollar down, Gold up and stops kick in USD/ZAR 100 DMA gives out at 11.8180 and stops go off to 11.7800 April 29 11.71 low now in sight, broad USD reaction to soft US data still leaning on price Key support area...

USD/MXN lower after US data, testing thin cloud support by 15.13

May 14, 2015 13:35 pm UTC| Technicals

USD/MXN lower after US data, testing thin cloud support by 15.13 Mexicos own growth concerns weigh on peso, Fed LFL seen as peso friendly Next support is at recent low at 15.1075, close below the cloud eyes Apr 6 low by...

USD/JPY daily range capped by Cloud base & 100-DMA

May 14, 2015 13:13 pm UTC| Technicals

USD dips with Treasury yields after claims near historic low, but PPI well below forecast USD/JPY days range capped by Cloud base 100-DMA at 119.34-35; 1st since July Japan bids below 119, but techs point to test of...

EUR/USD takes small hit post claims

May 14, 2015 12:52 pm UTC| Technicals

EUR/USD lift takes small hit post claims, dips sub-1.1400, 1.1375/80 support eyed Dips likely shallow as DE-US yield spreads remain near recent tights RSIs still give bull momentum no divergence, long-term chart leans...

EUR/GBP is trading above cloud , jump till 0.7290 is possible

May 14, 2015 12:22 pm UTC| Technicals

RES4: 0.7420 RES 3: 0.7380 (Apr 3rd High) RES 2: 0.7290 (200 day HMA) RES 1: 0.7260 (May 11th high) PRICE: 0.72215 @12:11 GMT SUP1: 0.7156 SUP 2:0.7115 (23rd Apr low) Sup 3: 0.7010 (Mar...

EUR/GBP sideways, capped by 21 DMA at 0.7243

May 14, 2015 12:20 pm UTC| Technicals

EUR/GBP trades sideways, capped by 21 DMA at 0.7243 in the European morning Slow stochs crossed positively in oversold territory generating a buy signal Resistance from the daily cloud base at 0.7250 Then the 38.2% of...

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