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NZD /USD breaks 200 day HMA, decline till 0.7420 is possible

Apr 23, 2015 07:16 am UTC| Technicals

RES 4: 0.7740 (Apr 22nd high) RES 3:0.7678 (Cloud bottom) RES 2: 0.7640 (20 day HMA) RES 1: 0.7603 (100 day HMA) PRICE:0.7550 @7:14 GMT SUP 1: 0.7545 (61.8% retracement of 0.7420 and 0.7732) SUP 2: 0.7480...

GBP/USD cloud base support at 1.4995

Apr 23, 2015 06:41 am UTC| Technicals

Daily close under 55 DMA but sustained the move into the cloud Slow stochastic are close to overbought levels but could see a further squeeze Look to fade recovery moves higher, likely to be halted above...

EUR/USD 200 HMA lends support at 1.0695

Apr 23, 2015 06:27 am UTC| Technicals

Price action roughly contained by the tenkan/kijun lines at 1.0685/1.0787 1.0691 is todays low and spot has bounced from there Long in play above 1.0600. Looking for move 1.08+ Trading flat ahead of...

USD/JPY just pushed back from 120.10 to just below 120.00.

Apr 23, 2015 05:52 am UTC| Technicals

Pair down more in past hour, early 119.90 or so low eclipsed 119.66 trades Early longs bail, Nikkei probable channel, down to around par on day Technical support around 119.72 hourly Ichi kijun, hourly...

GBP/USD breaks major resistance 1.5050, jump till 1.5165 is possible

Apr 23, 2015 05:49 am UTC| Technicals

RES 4: 1.5350 RES 3:1.5268 (Jan 15th high) RES2: 1.5175 (61.8% 1.5525 and 1.4564)) RES 1: 1.5050 (Apr 17th high) PRICE: 1.5030@ 05:47 GMT SUP 1: 1.4950 (20 day 4HMA) SUP 2: 1.4850 (200 day HMA) ...

AUD/NZD trading range high under demands

Apr 23, 2015 05:05 am UTC| Technicals

NZD dominated in Asia - cross +0.97% on slightly dovish RBNZ Strong tier 2 NZ data weighed down Momentum studies base, 5, 10 20 dmas conflict - neutral setup Close above last weeks 1.0222 high would suggest...

USD/JPY is facing strong resistance around 200 day 4HMA, further bullishness only above that level.

Apr 23, 2015 04:51 am UTC| Technicals

RES 4: 122.01 (mar 10th high) RES3 :121.18 RES 2: 120.81 (Apr 13th high) RES 1: 120.06 (200 day 4HMA) PRICE: 119.74 @ 04:46 GMT SUP1 -119.40 (20 day 4HMA) SUP 2: 118.50 (Apr 20th low) SUP 3:...

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