EUR/JPY undoing overbought Apr-May short squeeze; 133.65 pivotal
May 11, 2015 12:50 pm UTC| Technicals
EUR/JPY undoing overbought Apr-May short squeeze now: 133.65 the on-close pivot point EUR sales as forex hedge on foreign buying of EUR assets is resuming, slowly Sub 133.65 (23.6% of Apr-May rise) close targets 38.2% at...
USD/MXN holds cloud base support by 15.1095, Banxico offers at 15.3695
May 11, 2015 12:25 pm UTC| Technicals
USD/MXN opens NorAm a touch firmer, UST yields rise across the curve Slow stoch near oversold, cloud base/lower 21-d Bolli initial support by 15.11 A move below the cloud base opens the way for April lows by...
NZD/USD now sub-daily cloud, bears taking control of kiwi
May 11, 2015 12:15 pm UTC| Technicals
NZD/USD bears in control as RSIs are biased down with room to run Gap open ~55-DMA repelled, now sub-daily cloud, bear engulfing candle forms Good stops sub-0.7370 0.7350, will attract if no sustained bounce...
EUR/USD is struggling to break 200 day HMA, decline till 1.1070 is possible
May 11, 2015 12:08 pm UTC| Technicals
RES4:1.1290 (May 1st High) RES3: 1.1230 (55 day HMA) RES2: 1.1190 (200 day HMA) RES 1: 1.1164 (Kijun-Sen) PRICE: 1.1147@11:29 GMT SUP 1: 1.1120 SUP2: 1.1065 (May 5th low) SUP 2: 1.10345...
EUR/GBP trading well below ichimoku cloud, decline till 0.7080 is possible
May 11, 2015 10:55 am UTC| Technicals
RES 3: 0.7420 RES 2: 0.7380 (Apr 3rd High) RES 2: 0.7325 (200 day HMA) RES1 :0.7267 (Kijun-Sen) PRICE: 0.72029 @10:53 GMT SUP 1: 0.71907 (61.8% retracement of 0.7013 and 0.74820) SUP2: 0.7156 ...
GBP/USD is in consolidation phase, good to buy at declines
May 11, 2015 09:21 am UTC| Technicals
RES4: 1.5745 (161.8% retracement of 1.5497 and 1.5080) RES3: 1.5648 RES2:1.5585 (38.2% retracement of 1.7166 and 1.45648) RES1: 1.55512 (Feb 26th high) PRICE: 1.5398@ 09:10 GMT SUP 1: 1.5350...
GBP/USD is in consolidation phase, good to buy at declines
May 11, 2015 09:21 am UTC| Technicals
RES4: 1.5745 (161.8% retracement of 1.5497 and 1.5080) RES3: 1.5648 RES2:1.5585 (38.2% retracement of 1.7166 and 1.45648) RES1: 1.55512 (Feb 26th high) PRICE: 1.5398@ 09:10 GMT SUP 1: 1.5350...