GBP/USD lent support by Carney's speech

Mar 27, 2015 10:14 am UTC| Technicals

BOE Gov hinted about expectation on interest rate hike Pair push recovery envelope from 1.4799 Haldane last week said UK rate cut as likely as rise Broadbent tips 4% rise in UK Q1 household...

NZD/USD retreats after making high of 0.7695,decline till 0.7474 is expected

Mar 27, 2015 10:04 am UTC| Technicals

RES 4: 0.7710 RES 3: 0.7670 RES 2: 0.7610 RES 1: 0.7580 (34 4 Hour EMA) PRICE: 119.28 @ 4:18 GMT SUP 1: 0.7540 SUP 2: 0.7474 SUP 3: 0.7420 SUP 4: 0.7379 Commentary: NZD/USD has retreated after...

USD/CAD influenced by softer oil prices

Mar 27, 2015 09:45 am UTC| Technicals

Pair rises to test 1.2529 (Thursdays high) WTI threatens USD50/barrel support level Resistance levels are 1.2529, 1.2541and 1.2546 1.2410 was Thursdays 3week low, after oil pricesjumped Alberta...

EUR/USD sees scope to 50% retrace next

Mar 27, 2015 08:49 am UTC| Technicals

Pair sees possibility to 50% retrace of 1.0457/1.1062 climb at 1.0760 Recoil to 1.0801 breached 38.2% fibo at 1.0831 as well as 21 DMA at 1.0850 Pair failed to sustain above 1.1000, outside day outlook...

AUD/USD bounces to resistance at 0.7809

Mar 27, 2015 08:43 am UTC| Technicals

Pair met headwind at 0.7809 after consolidating from 0.7791 (Asia low) Subsequent low after across-the-board buying of USD at 0.7776 0.7809 was Thursdays NY afternoon low. 0.7835 wasAsia high 4% fall in...

EUR/USD fails to break below 1.0800 thus far

Mar 27, 2015 08:40 am UTC| Technicals

Two attempts at 1.0800 unsuccessful (1.0801/02 lows) Stops seen below 1.0800, level has no tech significance Support seen at 1.0810 10-DMA, 200-HMA Daily Kinsen line at 1.0806, nearing some well...

USD/JPY - Daily chart outlook mixed

Mar 27, 2015 08:35 am UTC| Technicals

Large 1.4 yards NY cut expiry 119.00 expected to attract interest Japanese traders likely to stay sidelined until April Huge recovery risks seen in inverse HS chart on hourly chart Lot of traders hurt by...