USD/CHF daily momentum is positive, highlighting the overall upside potential
Apr 13, 2015 09:50 am UTC| Technicals
Bid raise to 0.9800 ahead of todays 0.9781 session low Scope is for gains through 0.9883 - 61.8% retrace of the 1.0128 to 0.9486 fall Daily a close above 0.9883 will accelerate further...
AUD/USD - AUD continues to suffer on weak China trade data
Apr 13, 2015 09:36 am UTC| Technicals
Recent lows at 0.7580 and 0.7553 and high in Asian session at 0.7678 Carry trade demand for AUD had helped inflate pair to 0.7739 last week Major support at 0.7534 -6yr low on Apr 2 Large 0.76 option expiry ...
USD/ZAR outstripping broader bid for the Greenback
Apr 13, 2015 09:23 am UTC| Technicals
Pair breaks 50% retrace Mar/Apr decline at 2.1100, target 61.8% 12.2079 Mar 31 high 12.2290. Feb retail sales due Wednesday f/c a healthy 2.2% yy 21-DMA @ 12.0143 now set to ...
AUD/USD breaks 200 day HMA due to weak Chinese trade data, decline till 0.7530 cannot be ruled out
Apr 13, 2015 07:40 am UTC| Technicals
RES 4: 0.7785 (61.8% retracement of 0.7937 and 0.75322) RES 3: 0.7738 (Apr 9th high) RES 2: 0.7706 (Ichimoku cloud ) RES 1: 0.7642(200 day HMA)PRICE: 0.75869 @ 07:31 GMT SUP 1: 0.7600 SUP 2: 0.7570 (Apr 6th low) SUP...
GBP/USD breaks major support 1.4640, decline till 1.4300 is possible
Apr 13, 2015 06:26 am UTC| Technicals
RES 4: 1.4920 (Mar 27th high) RES 3:1.4850 (200 day HMA) RES 2: 1.4796 (55 day HMA) RES 1: 1.4732 (20 day HMA) PRICE: 1.47138@ 6:21 GMT SUP 1: 1.45650 SUP 2: 1.44431...
USD/JPY is trading above ichimoku cloud, jump till 122 is possible
Apr 13, 2015 05:37 am UTC| Technicals
RES 4: 123 RES 3: 122.01 (Mar 10th high RES 2: 121.20 (20th Mar high) RES 1: 120.43 (7th Apr high) PRICE: 120.43 @ 5:33 GMT SUP 1: 120.29 (Kijun-Sen) SUP 2: 119.80 (200 day HMA) SUP 3: 119.45 (61.8% retracement...
AUD/CHN mixed signals suggest further consolidation rather than a trend
Apr 13, 2015 05:34 am UTC| Technicals
Sharp AUD led 1% fall on soft China trade data World Bank released lower revisions on East Asia growth Fall leaves neutral 5, 10 20 dmas - momentum studies peak Initial support resistance at 4.6919 -...