AUD/USD threatens Trend-Line off Apr high, spreads & commodities aid lift
May 12, 2015 13:29 pm UTC| Technicals
AUD/USD threatens Trend-Line off Apr high, buoyed by wider spreads commodity bid Firm AUD crosses bullish RSIs help move rally along Breaks put Aprils high in play, market will need help to crack that high Resistance...
EUR/USD eyes 100 DMA support at 1.1219
May 12, 2015 13:25 pm UTC| Technicals
EUR/USD 100 DMA now acts as support at 1.1219 after earlier break 1.1279 stalled the rally earlier, shy of the 1.1290 May 8 high 38.2% of the 1.0521/1.1392 rise is the initial bear target at 1.1059 Intraday supports -...
EUR/JPY held above daily tenkan at 133.64
May 12, 2015 12:45 pm UTC| Technicals
EUR/JPY held above daily tenkan at 133.64; couldnt close sub 23.6% at 133.65 Bund other key bond shorts/equity longs squeezed, short EUR hedges, too Feb high 136.70, 200-DMA 137.30 weekly kijun/50% Fibo key at...
USD/MXN shrugs off higher oil, rallies as global yields continue to rise
May 12, 2015 12:23 pm UTC| Technicals
USD/MXN edges higher, shrugs off higher oil takes cues from firm global rates US 10-yr yields at 6-mos highs, global equities bonds weak as well Resistance at 15.44 May 7 high, 15.478 76.4% Fib of...
EUR/USD is facing resistance around 1.1290, good to buy at dips
May 12, 2015 11:26 am UTC| Technicals
RES4:1.11532 (Feb 3rd high) RES3: 1.1427 (161.8% retracement of 1.12889 and 1.1065) RES 2: 1.13689 (May 6th high) RES 1: 1.1290 (May 1st high) PRICE: 1.12397@ 11:25 GMT SUP 1: 1.1200 (200 day HMA) ...
EUR/GBP pares its gains in European session, good to sell on rallies
May 12, 2015 11:15 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: 0.7177 @11:06 GMT SUP1: 0.7156 SUP 2:0.7115 (23rd...
NZD/USD recovers from intraday low, good to sell on rallies
May 12, 2015 09:15 am UTC| Technicals
RES4: 0.7497 (200 day HMA) RES3:0.7425 (23.6% retracement of 0.7740 and 0.7327) RES2: 0.7405 (55 day H EMA) RES 1: 0.7380 (Support turned into resistance) PRICE: 0.7366@09:11 GMT Sup1: 0.7315 SUP2: 0.7274 (Mar...