EUR/GBP recovers from its low of 0.7120 (double bottom), jump till 0.730 is possible
May 13, 2015 11:48 am UTC| Technicals
RES 2: 0.7380 (Apr 3rd High) RES 3: 0.7325 (200 day HMA) RES2: 0.7260 (May 11th high) RES1 :0.7225 (Support turned in to resistance) PRICE: 0.7183 @11:43 GMT SUP1: 0.7156 SUP 2:0.7115 (23rd...
GBP/USD pares it s gain after BOE Inflation report, good to buy at dips
May 13, 2015 11:34 am UTC| Technicals
RES4: 1.6025 (100% projection of 1.4564 to 1.54997 from 1.50880) RES3: 1.5815 (161.8% retracement of 1.5746 and RES2:1.5750 (161.8% retracement of 1.5497 and 1.50880) Res1:1.5710 (May12th high) PRICE:...
NZD/USD is trading near trend line resistance, weakness only below 0.7380
May 13, 2015 09:22 am UTC| Technicals
RES4:0.7580 (May 5th high) RES3: 0.7500 (May 8th high) RES2: 0.7467 (200 day HMA) RES1:0.7435 (trend line joining 0.7639 and 0.7572 PRICE: 0.7430@09:19 GMT Sup1: 0.7380 (34 H EMA) SUP2: 0.7350 (Cloud...
USD/SGD boosted by weak China Industrial Production data
May 13, 2015 06:20 am UTC| Technicals
Pair moving higher into early Europe trades, weak China data underpin China April industrial output +5.9%y/y, retail sales 10%y/y vs exp 6.0%, 10.5% respectively April urban investment rose 12.0%y/y vs exp ...
USD/JPY is struggling to break 120.50, good to sell on rallies
May 13, 2015 05:36 am UTC| Technicals
RES4 122.01 (Mar 10th High) RES 2 :121.18 RES 2 120.80 (13th Apr high) RES1:120.50 (May 5th high) PRICE: 119.85 @ 05:32GMT SUP1: 119.85 (200 day HMA) SUP2: 119.50 (May 8th low) SUP 3: 119.19...

USD/CAD double bottom back in view
May 13, 2015 03:20 am UTC| Technicals
Oil trades +0.76% in Asia, local stocks modestly higher and AXJ +0.38% Momentum studies flat line, 5 10 dmas base, 20 dma falls - mixed signals Initial support/resistance at 1.1979 and...

GBP/JPY positive setup targets 2014 trend high at 189.63
May 13, 2015 03:03 am UTC| Technicals
Bollingers, momentum studies, 5, 10 20 dmas track north Initial support at 185.98 (5 dma) and resistance at 188.37,...