
AUD/USD sub-10 & 21-DMAs, weighed down by a combination of factors
Mar 30, 2015 12:16 pm UTC| Technicals
Source: Thomson Reuters Firm USD, new iron-ore low, narrower spreads RBA cut fears all weigh on AUD AUD down across the board, particularly against the USD, EUR NZD Pair below 10 21-DMAs RSIs biased down, wont...
EUR/USD breaks 200 day HMA, decline till 1.0600 is expected
Mar 30, 2015 10:56 am UTC| Technicals
RES 4: 1.1050 RES 3: 1.10250 RES 2: 1.0950 RES 1: 1.0886 (1 hour cloud top) PRICE: 1.08330 @ 10:51GMT SUP 1: 1.0840 (200 day HMA) SUP 2: 1.0800 SUP 3:1.0750 SUP 4: 1.0600 Commentary: EUR/USD is slightly...
USD/CAD 10 Day High in Early European Trade
Mar 30, 2015 10:03 am UTC| Technicals
Oil prices fell by 5%, pre-weekend high at 1.2624 WTI at 48.10/barrel, 75 centsloweron day Large 1.26 option expiry todayTGM2369. 1.2597 = Asia low Yellens unabashedly ad hoc Fed policy normalisation Focus on...
USD/CAD 10 Day High in Early European Trade
Mar 30, 2015 10:03 am UTC| Technicals
Oil prices fell by 5%, pre-weekend high at 1.2624 WTI at 48.10/barrel, 75 centsloweron day Large 1.26 option expiry todayTGM2369. 1.2597 = Asia low Yellens unabashedly ad hoc Fed policy normalisation Focus on...
Mar 30, 2015 09:46 am UTC| Technicals
Pair broke back inside the cloud suggesting bearish bias (0.7534 was the top) Further weakness seen towards clouds base at 0.7468 Doji reversal seen on daily charts from March 24 Support located at 0.7512 ahead of...
GBP/USD Stops tipped below 1.4799
Mar 30, 2015 08:57 am UTC| Technicals
Profit-taking on shorts helps inflate cable from 1.4802 early Europe low Ascent runs into resistance level 1.4863 1.4871 = 10DMA. More offers expected near 1.49 Prior profit-taking on shorts liftedcable...
EUR/USD jumps off the hourly Bollinger at 1.0820
Mar 30, 2015 08:43 am UTC| Technicals
The heat from an early slide taken out by small bidding around1.0820-25 30H Bolli helped to hold the decline at 1.0820, 200HMA on top at 1.0849 Offers likely to build ahead of the early Europe 1.0880...