
EUR/GBP tight range in Asia - opened -1.25%, as post election GBP strength extends
May 12, 2015 03:24 am UTC| Technicals
Cameron set to renegotiate EU deal - some positive signs Close below 0.7125 would target 0.7014 2015 trend low in March Initial support/resistance are seen at 0.7141, 0.7185...

USD/CAD in tight range in early Asia
May 12, 2015 02:43 am UTC| Technicals
Recent consolidation above 1.1940 double bottom turned technicals neutral Momentum studies flat line, 5 10 dmas base, 20 dma falls - mixed signals Initial resistance is seen at 1.2137, 1.2280 38.2%...
AUD/USD moving higher as RBNZ in focus
May 12, 2015 02:34 am UTC| Technicals
Long awaited bounce in NZD/USD helping to give AUD/USD a lift Pair bids ahead of yesterdays 0.7876 low discouraging attempts lower Resistance is seen at 0.7922 with break targeting...
Probability of EUR/GBP drop to 0.70 increasing
May 11, 2015 14:53 pm UTC| Technicals
GBP continues to rise after UK election fog lifts, probability of EUR/GBP drop to 0.70 is rising Relatively hawkish BoE Inflation Report expected Wed, BoE on course to hike in 2016 0.7143 (1.40 in GBP/EUR) 0.7118 (Apr...
USD/MXN rises toward minor Fib resistance by 15.2200
May 11, 2015 14:18 pm UTC| Technicals
USD/MXN remains firm, probes minor Fib resistance by 15.2220 Daily cloud base support by 15.1095, move < eyes 14.7575 Apr 15 lows Above the 23.6% Fib at 15.2220, the 50-DMA at 15.2458 attracts US yields elevated as...
EUR/PLN bull market is losing steam
May 11, 2015 13:44 pm UTC| Technicals
EUR/PLN bid market and 4.0410 long in play but recent highs to stall gains The last two sessions price action suggests the bull market is losing steam Note the consecutive Doji action...
AUD/USD holds above 0.7850/60 support
May 11, 2015 13:40 pm UTC| Technicals
AUD/USD threatens 200-HMA hourly resistance near 0.7915 Numerous inputs aid pairs bounce away from key 0.7850/60 support Choppy AUD/USD action likely persists until US data later in week Apr retail sales Wed, if weak...