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USD/JPY bounces but ample supply remains

Apr 01, 2015 09:23 am UTC| Technicals

Stops tripped post 120.25 break, 120.10 pivot point also broken Plethora of supply seen; especially at 120.37 120.43 120.37 Tues high; 120.43 a downticking trendline from Mar 10 Huge Thurs expiries expected to cap...

GBP/USD falls to fresh lows

Apr 01, 2015 09:18 am UTC| Technicals

Shorts aim 57 month low from Mar 18 at 1.5635. Stop at 1.4875 entry Last 1.5750. 1.5752/55 = Mon/Tues base Thin support seen until the 1.5635 low. Below Jun 2010 daily lows become...

USD/CAD looking to get long on dips

Apr 01, 2015 08:54 am UTC| Technicals

Overwhelming bias remains on upside for an eventual retest of 1.2835 1.2835 - 2015 peak posted in Mar Long shadow on Tuesdays candlestick line has given bulls pause Large rising cloud underpins the...

KRW Major pair technicals

Apr 01, 2015 07:39 am UTC| Technicals

USD /KRW: USD/KRW is trading near major support of 1099 (Cloud Top) and any break below will drag the pair further down till 1093/1083 (200 day EMA). Overall trend is still weak as long as resistance 1115 (Kijun-Sen)...

GBP/USD is struggling to break above 200 day HMA, decline till 1.4650 is expected

Apr 01, 2015 07:13 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: 1.4866 (200 day HMA) PRICE: 1.4840@ 07:12 GMT SUP 1: ...

USD/JPY likely to be weighed by interest rate divergence

Apr 01, 2015 06:54 am UTC| Technicals

Pair boosted by weaker than expected Tankan, dovish LDP comments Pair likely to be capped by recent US/Japan rate divergence 2 10 year spreads have dropped under Feb lows Traded in range 116.64-122.04 Feb/Mar....

EUR/USD sees pullback risk as hourlies are overbought

Apr 01, 2015 06:50 am UTC| Technicals

Pairs recovery halts ahead 1.08, hourlies seen in OB territory Seeks a pullback towards the 1.0713 lows fromTuesday Ample resistance seen around 1.0844-46 including 100 HMA, 10 DMA and yesterday high Stops above...

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Economy

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Technology

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