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GBP/USD scope for level close to 1.4800

Apr 21, 2015 12:06 pm UTC| Technicals

Source: Thomson Reuters GBP/USD spot limited by important levels Pair sees technical scope for level close to 1.4800 1.4910/1.4925, session high/pivot point weighs Volumes well below 1mth average; heatmap...

EUR/USD breaks 200 day HMA,decline till 1.0520 is possible

Apr 21, 2015 11:56 am UTC| Technicals

RES 4: 1.0935 (61.8% retracement of 1.105 and 1.0520) RES 3: 1.0847 (Apr 17th high) RES 2: 1.0775 (61.8% retracement of 1.0847 and 1.0658) RES 1: 1.0722 (20 day HMA) PRICE: 1.0700 @ 11:55 GMT SUP 1: 1.0678...

AUD/USD recent recovery offers selling opportunities

Apr 21, 2015 11:09 am UTC| Technicals

Pullback continued overnight and the 0.7700 long stop was hit in Asia Close below 55 DMA/kijun-sen added bearish pressures Recovering off 0.7683 lows, upticks provide better selling opportunities Keep...

AUD/NZD broke below 1.01 on dovish Stevens Monday

Apr 21, 2015 10:32 am UTC| Technicals

1.0047 = lowest level for cross since recent all-time low of 1.0021 63% chance of RBA rate cut May 5. Australian Q1 inflation data Wednesday RBNZ McDermott to speak about inflation Thursday RBNZmeets next week...

USD/CAD met headwind around 1.2280 after vaulting 1.2272

Apr 21, 2015 10:23 am UTC| Technicals

1.2280 was Apr 15low (post-BoC). More bids at 1.2290 1.23 1.2272 was pre-weekend rally high from 1.2088 (Fridays 3mth low) Large 1.2250 option expiry today. Size of strike estimated at USD740mn WTI oil...

AUD/USD pares early gains, decline till 0.7580 is possible

Apr 21, 2015 10:01 am UTC| Technicals

RES 4: 0.78880 RES 3: 0.7840 (Apr 17th high) RES 2: 0.7798 (61.8% retracement of 0.7840 and 0.7680) RES 1: 0.7740 PRICE: 0.7715 @ 9:23 GMT SUP 1: 0.7680 SUP 2: 0.7660 (61.8% retracement...

USD/CHF pivotal point at 100 DMA 0.9600

Apr 21, 2015 06:53 am UTC| Technicals

Looking for same trading pattern today, short trade in play Bounce from oversold levels on slow stochastic concerns A break above the average opens up the 0.9670 stop Downside targets - Apr 3 low at 0.9486 and the...

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