EUR/USD is trading in narrow range, market eyes US NFP data
Apr 02, 2015 12:54 pm UTC| Technicals
RES 4: 1.0950 (Mar 27th high) RES 3: 1.09149 (61.8% retracement of 1.10511 and 1.0711) RES 2: 1.08746 RES 1: 1.0830 (Kijun-Sen) PRICE: 1.08129 @ 12:32 GMT SUP 1: 1.0783 (20 day 4HMA) SUP 2: 1.0680...
EUR/USD dips towards 1.0800 after better US data
Apr 02, 2015 12:50 pm UTC| Technicals
The EURUSD is down testing the 100 hour moving average (at 1.0802) after the better-than-expected US trade data and weekly initial jobless claims. Offers into March 31 high 10-DMA loom better data sends USD...
NZD/USD is struggling to break 0.7495 (200 day 4H EMA), dip till 0.7380 is possible.
Apr 02, 2015 09:38 am UTC| Technicals
RES 4: 0.7590 (Cloud Top) RES 3: 0.7595 (27th Mar high) RES 2: 0.7540 (50% retracement of 0.7691 and 0.7390) RES 1: 0.7491 (200 day 4HEMA) PRICE: 0.7468@ 9:31 GMT SUP 1: 0.7430 SUP 2: 0.7375 (61.8% retracement...
AUD/USD is trading weak due to higher trade deficit data, decline till 0.7500 cannot be ruled out.
Apr 02, 2015 09:11 am UTC| Technicals
RES 4: 0.7750 (200 day 4HMA) RES 3: 0.7698 (55 day 4HEMA) RES 2: 0.7660 (Apr 1st high) RES 1: 0.7615 (Tenken-Sen) PRICE: 0.7570@ 8:54GMT SUP 1: 0.7584 (100% projection of 0.79119 to 0.75594 from 0.79372) SUP...

AUD/USD nearing 6 year lows at 0.7561
Apr 02, 2015 08:48 am UTC| Technicals
Pair posted another new trend low at 0.7568 Inching closer to 6 year low from early March at 0.7561 Shorts active, target 0.7250. On a break of 0.7561 level, trail the stop lower 0.7241 was monthly low...

GBP/USD - Some consolidation is the likely scenario
Apr 02, 2015 07:44 am UTC| Technicals
Stop profit came close, 1.4869 high. Stop at 1.4875. 1.4871 was yesterdays top 10 DMA also resistance by there. Hrlies still show scope for further gains Yesterdays price action tested lower levels but closed...
USD/CAD Drop to 1.2578 spurred by US ADP jobs data miss & oil price surge
Apr 02, 2015 07:27 am UTC| Technicals
Close to half-yard 1.26 option expiry for NY cut is helping to anchor USD/CAD 1.2630 = rally high from 1.2578 (Wednesday low). 1.2588 = subsequent low WTI oil 49.65/barrel,0.9%lower on dayafter 5.2% rise Weds...