USD/JPY above 121 again, eyes Mar 20 high at 121.16-20
May 20, 2015 14:07 pm UTC| Technicals
Source: Thomson Reuters USD/JPY sees new run at 121.16-20 hurdles; 121.59 Fibo Not getting much help from Treasury yields, but USD bid since Tuess US data NY dip bought above 121 again, with 76.4% Mar 20 high at...
GBP/USD 200DMA (1.5590) in focus again
May 20, 2015 13:44 pm UTC| Technicals
GBP/USD 200DMA is now 1.5590 vs 1.5597 Tuesday, with offers touted at 1.5590 1.5568 = intra-day high vs 1.5473 early Europe low (pre-MPC minutes) Cable broke below 200DMA pre-soft UK CPI data Tuesday, en route to...
EUR/JPY closer to 21-DMA target from Bolli correction
May 20, 2015 13:29 pm UTC| Technicals
EUR/JPY slide stalled by EUR/USDs 1.1062 support, pair driven mostly by EUR/USD Pair closer to 21-DMA target from Bolli correction, last at 133.44, offers 134.75/135/135.20-25 Series of higher swing lows in May intact...

GBP/USD hourly cloud base stalls recovery, more easing on the cards
May 20, 2015 13:23 pm UTC| Technicals
Source: Thomson Reuters GBP/USD hourly cloud base at 1.5568 stalls the recovery Hourly support at 1.5512 then 1.5473 session lows 1.5447 the low yesterday, looking for a return under 50% broken fibo at...
AUD/USD sets new lows as spreads tighten
May 20, 2015 13:02 pm UTC| Technicals
AUD/USD sets new lows as spreads tighten while copper iron-ore are heavy again Pair breaks series of daily lows, sub-0.7863 eyes 0.7775/87 (61.8 Fib 0.7534-0.8164, 55DMA, 5/5 low) Rally off 2015 low intact but RSI gives...
EUR/GBP is facing support around 0.7115, recovery till 0.7220 is possible
May 20, 2015 12:01 pm UTC| Technicals
RES4:0.72820 (May 18th high) RES3 : 0.7240 (May 19th high) RES 2: 0.7212 (200 day HMA) RES 1: 0.7175 (20 day HMA) PRICE: 0.7154 @11:59 GMT SUP 1:0.7115 (23rd Apr low) SUP2: 0.7060 (61.8%...
GBP/USD recovers after making a low of 1.5440, good to buy at declines
May 20, 2015 09:35 am UTC| Technicals
RES4: 1.5665 (Cloud top) RES3:1.5630 (Support turned into resistance) RES2: 1.5592 (55 day HMA) RES1:1.5535 (23.6% retracement of 1.5813 and 1.5441) PRICE: 1.55165@ 09:32 GMT SUP1: 1.5441 (May 19th...