
GBP/USD recovering but lift is expected to be short lived again
Apr 08, 2015 07:56 am UTC| Technicals
Mons high at 1.4981 is firm resistance with Tuesdays top at 1.4920 ahead Offer into the latter for a return to 1.4800, then 1.4740 The 200 HMA is an intraday pivot at...

EUR/USD trying to maintain a recovery from 1.0803 Tuesday’s low, risk to 1.0900-10
Apr 08, 2015 07:49 am UTC| Technicals
Offers touted 1.0870-80 area, stops above 1.0890 and 1.0910 200HMA at 1.0860 and 30HMA poised to cross below Hourly cloud twist above at 1.0950-53 but Stochastic looking toppy 21DMA at 1.0790 and daily ...
GBP/USD - Within strike of 1.49 after M&A news
Apr 08, 2015 07:39 am UTC| Technicals
GBP continues to benefit from MA news BGGroups shares soar more than 40% on Shell deal Another large 1.49 option expiry...
Apr 08, 2015 06:37 am UTC| Technicals
Off yesterdays 0.9672 tops but pullback slight. 0.9629 the low so far 0.9599 is the 100 DMA and support below Tuesday = 2nd day with higher lows and highs Suggests Fridays 0.9486 low was false break...

EUR/USD - Short remains in play and the risk remains with the bears
Apr 08, 2015 06:26 am UTC| Technicals
The lift from 1.0803 tests close to the 200 HMA intraday at 1.0859 Looking for a break under 1.0800 next. The 21 DMA is key at 1.0789 Below targets the low from March 31 at 1.0713 Then 1.0688 which is the...
GBP/USD is trading below 200 day HMA, decline till 1.4650 is expected
Apr 08, 2015 06:13 am UTC| Technicals
RES 4: 1.5061 (78.6% retracement of 1.5163 and 1.4687) RES 3:1.49937 (Mar 26th high) RES 2: 1.4920 (Mar 27th high) RES 1: 1.4850 (200 day HMA) PRICE: 1.4839@ 06:12 GMT SUP 1: ...
USD/JPY is sruggling to close above 120 level, decline till 118.30 is possible
Apr 08, 2015 06:02 am UTC| Technicals
RES 4: 122.01 (Mar 10th high) RES 3: 121.20 (Mar 20th high) RES 2: 120.50 (Apr 7th high) RES 1: 119.96 (Kijun-Sen) PRICE: 119.84 @ 5:58 GMT SUP 1: 119.60 (200 DAY HMA) SUP 2: 119.30 (Cloud bottom) SUP 3:...