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EUR/GBP double top in focus after shallow pullback

May 06, 2015 14:12 pm UTC| Technicals

EUR/GBP 0.7419/20 double top back in focus after shallow pullback The 100 DMA is key above at 0.7431, rejection from 100 DMA could see cloud top again at 0.7365 A break/close above there sees the 76.4% fibo of Feb/Mar...

USD/MXN moves to lows by 15.25 finds bids ahead of 50-DMA

May 06, 2015 13:55 pm UTC| Technicals

USD/MXN moves to lows by 15.25 finds bids ahead of 50-DMA by 15.2300 Pair holds 76.4% Fib support by 15.2500, commoditys rise provides boost for MXN USD/MXN support at 15.2475 todays low, 15.2303 50-DMA, cloud top by...

USD/CLP lower on ADP miss, eyes lower Bolli support by 605.87

May 06, 2015 12:55 pm UTC| Technicals

US ADP miss pushes USD/CLP lower, strong USD weak commodities weigh Copper moves off early lows as USTs rally after weak ADP, eyes resistance by 2.96 USD/CLP eyes 605.87 lower 21-d Bolli support, recent low area by...

USD/CAD rebounds to 1.2003 after wage data, big Fibo corral Loonie

May 06, 2015 12:52 pm UTC| Technicals

Soft ADP offset somewhat by a big pick up in wage growth USD/CAD rebounded to 1.2003 after the wage data, back to range trade 1.1989 38.2% Fibo a big number for techies, ceded last week, but that was intra-day and daily...

EUR/USD spikes to new high, ADP miss puts confluence of techs back in play

May 06, 2015 12:44 pm UTC| Technicals

Treasury yields USD sink, EUR/USD spikes to new high on below forecast ADP EUR/USD pierced 100-DMA 76.4 Fib of 1.1534-1.0463 threatened, RSIs are biased up. gives bulls momentum Close above the confluence of techs...

USD/MXN consolidates around 10-HMA by 15.332

May 06, 2015 12:38 pm UTC| Technicals

USD/MXN consolidates around 10-HMA by 15.332, biased to downside Correlation with oil breaks down, rates in focus, no Mex data today Oil price rise weakens USD lifting global yields, MXN gains muted by rates...

EUR/GBP is pares it gains in European session, good to buy at dips

May 06, 2015 12:09 pm UTC| Technicals

RES 3: 0.7509 RES 2: 0.74570 (76.4% retracement of 0.7590 and 0.7010) RES 2: 0.7420 (May 1st high) RES1 :0.7385 (Mar 26th high) PRICE: 0.7375 @12:07 GMT SUP 1: 0.7365 (55 day H EMA) SUP2:...

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Economy

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Technology

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