EUR/USD failure by the 100 DMA Friday reinforces downside
May 05, 2015 12:32 pm UTC| Technicals
EUR/USD 1.1107 pivot pressured after fail ahead 1.1165 10 US/German spreads 15bp lower from Apr 28, at 169bp, underpinning EUR/USD Pair breached cloud top at 1.1069 by 3 pips earlier, revisit expected The cross on the...
EUR/GBP takes support near ichimoku cloud, jump till 0.7450 is possible
May 05, 2015 12:15 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: 0.7348 @12:14 GMT SUP 1: 0.7332 (55 day H EMA) SUP...
NZD/USD is trading below major trend line support, decline till 0.7430 is possible
May 05, 2015 10:44 am UTC| Technicals
RES4: 0.7658 (Cloud top) RES3:0.7573 (200 day 4 HMA) RES2: 0.7556 (200 day 4 HMA) RES 1: 0.7526 (7 day 4H EMA) PRICE: 0.7500 @10:42 GMT SUP 1: 0.7507 (May 1st low) SUP 2: 0.7474 (Bollinger band bottom) SUP...

USD/CHF mildly bullish start to new week with a higher low and high yesterday
May 05, 2015 06:34 am UTC| Technicals
Stick with fading rallies, offer at 0.9445 The key trend is down while below the 200 MA at 0.9506 Sideways under Mondays 0.9385...
GBP/USD is trading well below 200 day HMA, decline till 1.5000 is possible
May 05, 2015 06:32 am UTC| Technicals
RES4:1.5585 (38.2% retracement of 1.7166 and 1.45648) RES4: 1.55512 (Feb 26th high) RES3:1.5340 (61.8% retracement of 1.5497 and 1.5080) RES2: 1.5217 (200 day HMA) RES 1: 1.5175 (55 day HMA) PRICE:...
USD/JPY is trading above 120 level, jump till 122 is possible
May 05, 2015 05:21 am UTC| Technicals
RES3 :122.01 (Mar 10th high) RES 3: 121.42 (Bollinger Upper band) RES 2: 120.80 (13th Apr high) RES 1: 120.08 (Apr 22nd high) PRICE: 120.06 @ 05:18 GMT SUP1: 119.62 (200 day 4 HMA) SUP 2: 119.34...
AUD/USD falls below 0.7800 after RBA eases
May 05, 2015 04:35 am UTC| Technicals
Pair has fallen sharply after RBA cut 25 BPS to 2.00% Market was paring back expectations of cut since this morning This should ensure some downside follow-through as some shorts covered earlier Key...