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NZD/USD eyes resistance at 0.7700/12, dips bought

Mar 25, 2015 12:18 pm UTC| Technicals

Source: Thomson Reuters NZD/USD overnight drop halts ~0.7600 support (highs from late Feb/early March) Soft US yields AUD/NZDs slide from 1.0330/50 zone support pairs lift Bull hammer forms pair eyes 0.7700/12...

EUR/USD is trading above major support 1.0880, uptrend till 1.10350 is expected

Mar 25, 2015 12:07 pm UTC| Technicals

RES 4: 1.12 RES 3: 1.0862 RES 2: 1.1069 (200 day 4HMA) RES 1: 1.10360 (Mar 18th high)PRICE: 1.09872 (11:55 GMT ) SUP 1: 1.0880 SUP 2: 1.0749 (Tenken-Sen) SUP 3:1.0610 (Mar 19th low) SUP 4:...

EUR/USD supported by rising hourly cloud & pivot point

Mar 25, 2015 11:26 am UTC| Technicals

Pair supported by rising hourly Ichimoku cloud and intraday pullbacks Cloud top seen at 1.0930 levels. Pair is sustaining outside pattern since early Monday Traders looking to place bid here for run at...

GBP/USD supported by dovish Evans

Mar 25, 2015 11:16 am UTC| Technicals

Pair obtains support from dovish views given by Feds Evans He said USD rise exerts clear disinflationary pressure Cable dropped to 57month low of 1.4635 last week (pre-FOMC statement) Hawks believe Fed...

GBP/USD sees thin resistance until upper 1.4900s

Mar 25, 2015 08:57 am UTC| Technicals

Pair probing through the 100 HMA, hit a fresh session high Thin resistance until the 1.4984/90 region (Mar 24, 23 highs) A break below the 200 HMA at 1.4832, needed by shorts to be in with a chance Aim...

Spot USD/CAD still underpinned by cloud

Mar 25, 2015 08:53 am UTC| Technicals

Market still underpinned by Ichimoku, top comes in at 1.2415 Traders are seeking to get long at 1.2440 Tenkan kijun lines stay aligned positively, possibility for a revival A daily close under 1.2350...

USD/JPY trapped between bids & narrowing 5year yields

Mar 25, 2015 08:44 am UTC| Technicals

Pairs bids likely to be reset at119.50, Japans pension fund interest again tipped at 119.50 Market supported by the rising trend-line from Jan 16 at 119.28 Offers seen ahead of the 120.00 level; pivot...

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