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USD/CAD met headwind around 1.2280 after vaulting 1.2272

Apr 21, 2015 10:23 am UTC| Technicals

1.2280 was Apr 15low (post-BoC). More bids at 1.2290 1.23 1.2272 was pre-weekend rally high from 1.2088 (Fridays 3mth low) Large 1.2250 option expiry today. Size of strike estimated at USD740mn WTI oil...

AUD/USD pares early gains, decline till 0.7580 is possible

Apr 21, 2015 10:01 am UTC| Technicals

RES 4: 0.78880 RES 3: 0.7840 (Apr 17th high) RES 2: 0.7798 (61.8% retracement of 0.7840 and 0.7680) RES 1: 0.7740 PRICE: 0.7715 @ 9:23 GMT SUP 1: 0.7680 SUP 2: 0.7660 (61.8% retracement...

USD/CHF pivotal point at 100 DMA 0.9600

Apr 21, 2015 06:53 am UTC| Technicals

Looking for same trading pattern today, short trade in play Bounce from oversold levels on slow stochastic concerns A break above the average opens up the 0.9670 stop Downside targets - Apr 3 low at 0.9486 and the...

GBP/USD key support at Kijun line 1.4861

Apr 21, 2015 06:42 am UTC| Technicals

Pullback extends back under 1.49 Stochastic rolled over from OB levels suggesting the rally has peaked The negative cross has generated a sell signal Under the kijun line the 200 HMA at 1.4798 is the next...

AUD/USD under pressure, AUD CPI data tomorrow in focus

Apr 21, 2015 06:33 am UTC| Technicals

Pair sideways in afternoon trading but fails to reclaim 77 cent level Moves are choppy with liquidity not as good as one would normally expect AUD struggling under weight of HF sales; yesterdays move above ...

EUR/USD major support falls at 1.0685-78- tenkan, 200 HMA and 10 DMA

Apr 21, 2015 06:25 am UTC| Technicals

Stochastic have peaked in overbought territory Engulfing line on candles, negative close yesterday weigh on further gains 1.0712 was yesterdays pullback low and 1.0717 is todays base thus...

GBP/USD is struggling to close above 1.500, decline till 1.4795 is possible

Apr 21, 2015 06:03 am UTC| Technicals

RES 4:1.5165 (Mar 18th high) RES3: 1.5050 (Apr 17th high) RES 2: 1.5000 RES 1: 1.4932 (Cloud bottom) PRICE: 1.48699@ 05:54 GMT SUP 1: 1.4864 (38.2% retracement of 1.4564 and...

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